STMicroelectronics Unveils New Industrial Microprocessor Series; Shares Rise-March 2024-www.financetom.com

STMicroelectronics Unveils New Industrial Microprocessor Series; Shares Rise

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STMicroelectronics Unveils New Industrial Microprocessor Series; Shares Rise

Mar 7, 2024 9:26 AM

11:49 AM EST, 03/07/2024 (MT Newswires) -- STMicroelectronics ( STM ) said Thursday it is releasing the new STM32MP2 industrial microprocessors with 64-bit processing and edge artificial-intelligence acceleration.

The company said the first units are scheduled to enter volume production in June.

STMicroelectronics ( STM ) shares rose 4.1% in recent trading Thursday.

Price: 48.80, Change: +1.93, Percent Change: +4.13

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