STMicroelectronics: AWS Photonics Deal Meets Auto‑Industrial Rebound

STMicroelectronics is set to ride AWS photonics demand and an auto‑industrial upturn.

STMicroelectronics: AWS Photonics Deal Meets Auto‑Industrial Rebound

Elevator Pitch

  1. A multi-billion-dollar deal with AWS is a big revenue catalyst
  2. STMPA is ready for a cyclical rebound in the automotive and industrial markets
  3. STMPA is trading at a small premium to its comps
  4. Bulls are advancing with conviction