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News  ›  GlobeNewswire Inc.

La BEI et STMicroelectronics annoncent un accord de 1 milliard d’euros pour renforcer la compétitivité et l’autonomie stratégique de l’Europe

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Joint Press Release
La BEI et STMicroelectronics annoncent un accord de 1 milliard d’euros pour renforcer la compétitivité et l’autonomie stratégique de l’Europe

The European Investment Bank (BEI) and STMicroelectronics signed a €1 billion financing agreement to strengthen Europe's semiconductor industry competitiveness, with an initial €500 million tranche focusing on R&D and large-volume chip manufacturing in Italy and France.

Insights
EXPE   positive

Gained 18.14% after beating Q3 earnings and raising fiscal year 2025 guidance


STM   positive

Secured significant €1 billion credit line, expanding long-term partnership with BEI, supporting R&D and manufacturing in strategic European locations