STMicroelectronics shares soar after AWS AI cloud agreement

NodeGuardian · 2026-02-23T17:54:37+00:00

STMicroelectronics' shares rose 6% following a multi-year agreement with Amazon Web Services, making STMicroelectronics a key supplier for AWS's advanced semiconductor needs, including energy-efficient power solutions and share acquisition options.

NodeGuardian

2026-02-23 17:54:37

Abstract generation in progress

STMicroelectronics’ shares surged 6% after an expanded, multi-year, multi-billion-dollar commercial agreement with Amazon Web Services (AWS). This collaboration positions STMicroelectronics as a key supplier of advanced semiconductor technologies for AWS’s high-performance compute infrastructure, vital for cloud and AI data centers. The partnership also involves STMicroelectronics providing specialized capabilities, including power solutions for energy efficiency, and options for AWS to acquire up to 24.8 million ordinary shares.

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