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Tesla supplier STMicroelectronics to build €5B EV chip fab in Italy

Published: May 31, 2024

STMicroelectronics plans to build a giant factory in Italy that will make specialist microchips for EVs and other high-voltage power devices

Source: thenextweb.com

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Margrethe Vestager

News Highlights : Top Company News of the Day - Friday at 7 AM ET

Published: May 31, 2024

China Securities Regulator Fines Evergrande and Founder $586 Million A Chinese regulator has followed through on a decision to fine China Evergrande Group and the company's founder for alleged...

Source: marketscreener.com

STMicroelectronics (NYSE:STM) Upgraded to Buy at StockNews.com

Published: May 30, 2024

StockNews.com upgraded shares of STMicroelectronics (NYSE:STM – Free Report) from a hold rating to a buy rating in a report released on Monday. Several other equities research analysts have also recently commented on STM. Berenberg Bank raised STMicroelectronics from a hold rating to a buy rating in a research note on Tuesday, April 23rd. William […]

Source: theenterpriseleader.com

STMicroelectronics reveals cost-effective cable-free connectivity for eUSB accessories, devices, and industrial applications

Published: May 30, 2024

New short-range wireless point-to-point transceiver ICs from STMicroelectronics remove the need for cables and connectors in consumer-friendly accessories and personal electronics like digital cameras, wearables, portable hard drives, and small gaming terminals. They also address data-transfer challenges in industrial applications such as rotating machinery.

Source: digitimes.com