Stmicro Stock Price, News & Analysis

The European Investment Bank (EIB) has granted €600 million to STMicroelectronics (STM) for advancing research and development and new production lines in Europe. This funding aims to enhance the semiconductor industry's competitive edge in alignment with EU policies focused on technological sovereignty. The investment will support innovative technologies at STM's facilities in Italy and France, addressing critical challenges in environmental transition and digital transformation. Europe, while representing 10% of the global semiconductor market, aims to reclaim its share by 2030, bolstered by this EIB support.

STMicroelectronics has disclosed its common share repurchase activities from February 21 to February 25, 2022. During this period, the company repurchased a total of 251,058 ordinary shares, representing 0.03% of its issued share capital. The shares were acquired at a weighted average price of EUR 37.2453, totaling approximately EUR 9.35 million. After these transactions, STMicroelectronics holds 6,660,002 treasury shares, accounting for about 0.7% of its issued share capital.

STMicroelectronics has launched its third-generation MEMS sensors, enhancing accuracy and energy efficiency for mobile devices, smart industries, and healthcare. These sensors exceed previous limitations in output accuracy and power consumption while featuring machine learning and electrostatic sensing capabilities. The LPS22DF and LPS28DFW barometric sensors provide high precision and low power consumption, making them ideal for various applications, including wearables. These innovations align with ST's commitment to sustainability and technological advancement.

STMicroelectronics published its 2021 Annual Report on Form 20-F, filed with the U.S. SEC. The report includes complete audited financial statements based on U.S. GAAP, available at www.st.com and www.sec.gov. A hard copy can be requested from the Investor Relations Department.

STMicroelectronics has unveiled the VD55H1, the first 0.5Mpixel depth image sensor, enhancing 3D imaging capabilities for smartphones, AR/VR devices, and robotics. Utilizing proprietary indirect Time-of-Flight (iToF) technology on a 40nm stacked-wafer, it delivers high performance with low power consumption. The sensor detects objects up to five meters away and features a unique pixel architecture, significantly improving depth accuracy and noise reduction. Volume production is set for the second half of 2022, catering to emerging market applications.

STMicroelectronics has introduced its new Stellar E microcontrollers aimed at electric vehicles (EVs), designed to enhance centralized electronic architectures. These MCUs integrate control-loop processing, reducing costs and complexity in EV charging systems. The Stellar E series enables improved energy management and high efficiency for power modules, aiding in longer driving ranges and faster charging. The initial product, the Stellar SR5E1, is now sampling, with full production expected in 2023.

STMicroelectronics has announced the details of its common share repurchase program for the period from February 14 to February 18, 2022. During this period, the company repurchased 315,568 shares at an average price of EUR 39.2258, totaling approximately EUR 12.38 million. This buyback represents 0.03% of the issued share capital. Following these transactions, STMicroelectronics now holds 6,408,944 treasury shares, amounting to 0.7% of its issued capital, contributing to increased shareholder value.

STMicroelectronics has launched the Intelligent Sensor Processing Unit (ISPU), integrating AI algorithms and MEMS sensors on the same chip. This innovation reduces device size by up to 80% and enhances power efficiency, enabling local decision-making at the edge. The ISPU supports advanced applications such as activity recognition and anomaly detection, improving performance and privacy through local data processing. The proprietary DSP allows programming in C, making it accessible for many engineers.

STMicroelectronics announced a share repurchase program, where it bought back 308,846 shares (0.03% of issued capital) from February 7 to February 11, 2022. The average purchase price was EUR 39.8955, totaling EUR 12,321,577.42. Following this action, the company holds 6,093,376 treasury shares, equating to approximately 0.7% of its issued share capital. The program was approved by shareholders on May 27, 2021, and aims to enhance shareholder value.