STMicroelectronics N.V. Stock Jumps 5.9% as AI and Space Chip Bets Put STM Back in Play
Shares of STMicroelectronics N.V. surged 5.9% to finish at $59.17 on Friday, after Berenberg stuck with its Buy call and maintained a 53-euro price target for the chipmaker. The gain pulled STM back into the spotlight following a choppy period for semiconductor stocks in Europe.
