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ST Microelectronics - STM STOCK NEWS

Welcome to our dedicated news page for ST Microelectronics (Ticker: STM), a resource for investors and traders seeking the latest updates and insights on ST Microelectronics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ST Microelectronics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ST Microelectronics's position in the market.

Rhea-AI Summary
STMicroelectronics (STM) reported a strong second quarter with net revenues of $4.33 billion, gross margin of 49.0%, operating margin of 26.5%, and net income of $1.00 billion. The first half net revenues increased by 16.1% year-over-year, with operating margin at 27.4% and net income at $2.05 billion. The third quarter business outlook forecasts net revenues of $4.38 billion, a 1.2% increase year-over-year and a 1.1% increase sequentially.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
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Rhea-AI Summary
STMicroelectronics has launched a new infrared (IR) sensor for presence and motion detection in building automation. The sensor, called STHS34PF80, contains thermal transistors that can detect stationary objects, unlike conventional passive infrared (PIR) detectors. It also allows for simpler, lens-free construction. The sensor is targeted towards security systems, home automation, smart lighting, and IoT devices. It has a range of four meters and a 80° field of view. The sensor has a low power consumption and is resistant to direct lighting and electromagnetic interference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
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none
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Rhea-AI Summary
STMicroelectronics (ST) announces details of its common share repurchase program, disclosing the repurchase of 165,564 ordinary shares (0.02% of issued share capital) at a weighted average purchase price of EUR 46.3267 during the period from Jul 17, 2023 to Jul 21, 2023, for a total price of EUR 7,670,039.87. The purpose of the transactions is to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies of the issuer or an associate company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
buyback
Rhea-AI Summary
STMicroelectronics N.V. (STM) announces the details of its common share repurchase program, revealing the repurchase of 80,751 ordinary shares at a weighted average purchase price of EUR 45.1609, totaling EUR 3,646,786.52. The purpose of the transactions was to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
buyback
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
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none
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Rhea-AI Summary
STMicroelectronics announces the details of its common share repurchase program. In the period from July 3 to July 7, 2023, the company repurchased 161,500 ordinary shares at a weighted average purchase price of EUR 44.7502, for a total price of EUR 7,227,151.50. The repurchases were made to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative bodies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
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Rhea-AI Summary
STMicroelectronics has unveiled a new FlightSense multi-zone distance sensor with a 90° field of view, which is 33% larger than the previous generation. The sensor brings lifelike situational awareness to various smart equipment applications. Unlike camera sensors, the new sensor ensures user privacy as it does not capture images. The sensor's capabilities include 3D scene mapping, measuring distance to multiple objects in multiple zones, and motion detection. It is compatible with the previous-generation device and comes with extensive design-in support. The sensor is currently in production and available at a starting price of $3.60 for prototyping.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.57%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.26%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
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ST Microelectronics

NYSE:STM

STM Rankings

STM Stock Data

38.14B
651.38M
5.47%
0.93%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
Switzerland
Plan Les Ouates

About STM

STMicroelectronics NV designs, develops, manufactures and markets products, which offers discrete and standard commodity components, application-specific integrated circuits, full custom devices and semi-custom devices for analog, digital and mixed-signal applications.