The Switzerland-based STMicroelectronics (ST) is to invest EUR730 million (approx. US$716 million) over the next five years to build a silicon carbide (SiC) fab in Italy - its first SiC fab in Europe.

As US President Joe Biden prepares to leave office on January 20, 2025, concluding a presidency marked by CHIPS Act initiatives to expand US semiconductor manufacturing, Europe's parallel attempts to ...

EU has approved state aid of 292.5 mln euros Production expected to start in 2023 Investment will create around 700 jobs MILAN, Oct 5 (Reuters) - STMicroelectronics (ST) will build a 730 million euro ...

STMicroelectronics has announced plans to build a giant factory in Italy that will make specialist microchips for EVs and other high-voltage power devices. The Swiss firm is the world’s largest ...

STMicroelectronics N.V. (NYSE:STM) is one of the 12 Best Photonics Stocks to Buy Now. On May 5, BofA boosted its price target for STMicroelectronics N.V. (NYSE:STM) to EUR 49 from EUR 42. It kept a ...

In context: For the past two years, the chip shortage has been a thorn in the side of many companies operating in the tech and automotive industries. A simple solution to the problem doesn't exist, ...

Chipmakers STMicroelectronics NV and GlobalFoundries Inc. today announced plans to build a new semiconductor production facility in France. The plant will be built with “significant financial support” ...

As innovation cycles shorten, ST’s manufacturing strategy is evolving to accelerate the delivery of innovative, proprietary technologies and products at scale to customers globally, across automotive, ...

GlobalFoundries and STMicroelectronics announced the conclusion of the agreement to create a new, jointly-operated, high-volume semiconductor manufacturing facility in Crolles (France), which was ...

STMicroelectronics (NYSE:STM) and Sanan Optoelectronics signed an agreement to create a new 200mm silicon carbide device manufacturing joint venture (JV) in Chongqing, China. The companies said the ...

4 analysts have shared their evaluations of STMicroelectronics (NYSE:STM) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view ...