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tz-plus logo Stocks in Action USA: STMicroelectronics, Marvell Technology, and Hewlett Packard Enterprise

L. Kulikov
Reading Time: 3 minutes

STMicroelectronics (STMP) – The semiconductor supplier of AI infrastructure doubles its data center targets and benefits from the SpaceX factor! The AI boom is changing the growth story of STMicroelectronics: STMicroelectronics is increasingly evolving from a traditional automotive chip manufacturer to a significant beneficiary of the global AI infrastructure boom. The semiconductor company has significantly raised its revenue targets for the data center business, generating excitement in the stock market. Management now expects revenues of...

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