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STMicroelectronics NV

Nvidia (NVDA) stock rout leaves global chip shares volatile

by Walter Watson
Nvidia (NVDA) stock rout leaves global chip shares volatile

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading on …

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EU approves Italian aid for $5.4 billion STMicro chip plan

by Walter Watson
EU approves Italian aid for .4 billion STMicro chip plan

STMicroelectronics has committed 5 billion euros ($5.4 billion) of investment in what it calls the world’s first fully integrated Silicon Carbide (SiC) plant in Italy. The project is backed by …

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Morgan Stanley is bullish on this emerging AI trend, names 6 stocks

by Walter Watson
Morgan Stanley is bullish on this emerging AI trend, names 6 stocks

One part of artificial intelligence will have an increasing role to play, according to Morgan Stanley. The theme, which it called “Edge AI,” involves running AI algorithms directly on a …

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How GlobalFoundries aims to remain world’s third-biggest chip foundry

by Edgar Davis
How GlobalFoundries aims to remain world’s third-biggest chip foundry

In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that …

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Two European chip stocks named ‘top picks’ into year-end by BofA

by Walter Watson
Two European chip stocks named ‘top picks’ into year-end by BofA

Bank of America named European chip stocks ASM International and STMicro as its “top picks” going into the end of the year. The Wall Street bank said it continues to …

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Morgan Stanley names cash-rich stocks with ‘downside protection’

by Walter Watson
Morgan Stanley names cash-rich stocks with ‘downside protection’

Morgan Stanley named a raft of European stocks with strong balance sheets, lots of cash or high shareholder returns. The bank said the latest quarterly results showed a slowdown in …

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Morgan Stanley names 3 high-conviction global stock ideas, says one could soar 40%

by Walter Watson
Morgan Stanley names 3 high-conviction global stock ideas, says one could soar 40%

Morgan Stanley has identified three Asia Pacific stocks as “high conviction” and actionable trade ideas. The stocks are Japan-listed Renesas Electronics , Australia’s Macquarie Group , and India’s ICICI Bank …

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Foxconn failed India chip effort shows how hard it is for new players

by Walter Watson
Foxconn failed India chip effort shows how hard it is for new players

This month, Foxconn pulled out of its joint venture with Vedanta. The two sides “mutually agreed to part ways,” Foxconn said in a statement at the time. Sopa Images | …

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