STMicroelectronics NV ADR

STM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$94.00	Pgdmws	Xcmvgnr

STMicro Is Driving Ahead to Reach Its $20 Billion Revenue Target

Brian Colello

Oct 26, 2023

Business Strategy and Outlook

STMicroelectronics is one of Europe's largest chipmakers and holds one of the broadest product portfolios in the industry. The company has made structural improvements to its product mix and gross margin profile, which has allowed it to carve out a narrow economic moat. We think STMicroelectronics has some promising growth opportunities on the horizon in microcontrollers and automotive products, including silicon carbide-based semiconductors.

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