STMicroelectronics: AWS Photonics Deal Meets Auto‑Industrial Rebound
STMicroelectronics is set to ride AWS photonics demand and an auto‑industrial upturn.
Elevator Pitch
- A multi-billion-dollar deal with AWS is a big revenue catalyst
- STMPA is ready for a cyclical rebound in the automotive and industrial markets
- STMPA is trading at a small premium to its comps
- Bulls are advancing with conviction