STMicroelectronics Stock Gains After EV Deal With Geely Auto - What's Going On?
STMicroelectronics Stock Gains After EV Deal With Geely Auto - What's Going On?
Also Read: AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: ReportSTMicroelectronics NV (NYSE:STM) and Geely Auto Group have signed a long-term Silicon Carbide (SiC) supply agreement to enhance their collaboration on SiC devices. The chipmaker's stock price gained after the update.
意法半导体股份有限公司（NYSE:STM）和吉利汽车集团已签署长期碳化硅（SiC）供应协议，以增强双方在SiC器件上的合作。芯片制造商的股价在此消息后上涨。
STMicroelectronics will provide SiC power devices for Geely's mid-to-high-end battery electric vehicles, improving performance, charging speeds, and driving range.
意法半导体将为吉利汽车的中高端电池电动车提供SiC功率器件，提高性能、充电速度和行驶里程。
They also established a joint lab to develop solutions for automotive electronics, advanced driver assistance systems, and new energy vehicles.
双方还成立了一家联合实验室，致力于开发汽车电子、先进驾驶辅助系统和新能源车解决方案。
Also Read: AMD Grabs 33% of Server CPU Market and Prepares for Major Processor Launch: Report
阅读更多：AMD占据服务器CPU市场份额的33％，并准备进行重大处理器发布：报告
Geely has adopted ST's third-generation SiC MOSFET devices in its electric traction inverters, which are critical components in electric powertrains.
吉利汽车采用了意法半导体第三代SiC MOSFET器件作为其电动牵引式变流器的关键组件。
The partnership aims to accelerate innovation and boost both companies' positions in the electric vehicle market.
这种合作旨在加速创新，提高双方在电动汽车市场的地位。
Geely Auto sold 1.68 million vehicles in 2023, with NEV sales reaching 480,000 units, up 48% year-on-year.
2023年，吉利汽车共售出168万辆汽车，其中新能源车销量达48万辆，同比增长48％。
In April, STMicroelectronics reported a fiscal first-quarter 2024 revenue decrease of 18.4% year-on-year to $3.47 billion, missing the analyst consensus estimate of $3.62 billion, driven by lower revenues in the Automotive and Industrial segments. EPS of $0.54 missed the analyst consensus estimate of $0.59.
4月份，意法半导体报告了2024财年第一季度营收下降18.4％，至34.7亿美元，未达到分析师共识预期的36.2亿美元，这是由于汽车和工业领域收入下降。每股收益为0.54美元，低于分析师共识预期的0.59美元。
The company issued cautious outlooks for its second quarter and fiscal 2024.
该公司对第二季度和2024财年发出了谨慎的展望。
STMicroelectronics stock lost over 5% in the last 12 months. Investors can gain exposure to the stock via Return Stacked Bonds & Managed Futures ETF Veridien Climate Action ETF (NYSE:CLIA) and Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF (NYSE:SEMI).
意法半导体股票在过去12个月中下跌超过5％。投资者可通过Return Stacked Bonds＆Managed Futures ETF Veridien Climate Action ETF（纽交所：CLIA）和Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF（纽交所：SEMI）获得该股票的曝光。
Price Action: STM shares are trading higher by 2.13% at $42.87 at the last check on Tuesday.
当地时间星期二，STM股票最后交易时，跌幅为0.43％，报42.87美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本文部分内容使用了Benzinga Neuro的帮助。此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
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