Why Is STMicroelectronics Stock Surging Monday? - STMicroelectronics (NYSE:STM)
10 Articles
10 Articles
Why Is STMicroelectronics Stock Surging Monday? - STMicroelectronics (NYSE:STM)
STMicroelectronics N.V. (NYSE:STM) stock rose in premarket trading Monday after the chipmaker announced an expanded strategic partnership with Amazon Web Services, the cloud arm of Amazon.com Inc. (NASDAQ:AMZN), under a multi-year, multi-billion-dollar commercial agreement. STMicroelectronics said it is expanding its strategic engagement with Amazon Web Services to support the development of next-generation, high-performance compute infrastructu…
STMicroelectronics expands partnership with Amazon Web Services for advanced cloud and AI compute infrastructure – Telematics Wire
Press release STMicroelectronics has announced a major expansion of its strategic collaboration with Amazon Web Services (AWS), forging a multi-year, multi-billion-dollar commercial partnership that positions the global semiconductor leader as a key supplier for advanced cloud and artificial intelligence compute infrastructure. The expanded engagement — revealed on February 9, 2026 — underlines the growing importance of high-performance semicond…
STMicro shares jump 6.5% as AWS expands semiconductor ties for AI data centers
Amazon Web Services, Inc. (AWS), a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to its users, has deepened its collaboration with STMicroelectronics, a leading European multinational semiconductor manufacturer, driving a 6.5% surge in STMicro’s stock. The agreement aims to secure advanced semiconductor technologies to support AWS’s data center operations. The development comes after AWS announced that it holds …
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