$STM

UBS analyst Francois-Xavier Bouvignies favors European semiconductor stocks with AI exposure ahead of Q3 2026 earnings. ASML (AS:ASML) is UBS's top pick with a €2,350 price target and expected 30%+ revenue growth. ASM International (AS:ASMI) is second with a €1,325 target and forecasted 36% revenue growth. STMicroelectronics (NYSE:STM) rounds out the top three with a €80 target and 20% above-consensus EPS estimates.

European chip stocks rose after Anthropic's IPO filing revealed a $518 billion AI infrastructure spending plan. ASML, Infineon, and STMicroelectronics were among the gainers. Anthropic's revenue grew 12x in 2025 to $4.6B, but it reported a $42B net loss. The spending plan signals strong demand for AI-related semiconductor equipment and components.

European AI-linked stocks rose after Anthropic's $11.6B computing deal with Akamai. ASML, Infineon, STMicroelectronics, and others gained. The deal includes a warrant for 7.7M shares at $111.33 each, with Akamai investing $5.5B in capital expenditures.

SpaceX (SPCX) plans to expand AI data centers and Starlink satellites, aiming for $1T revenue by 2030. STMicroelectronics (STM) supplies semiconductors for these sectors, expecting $1B in data center revenue in 2026 and $3B in satellite-related revenue by 2028. Both companies are involved in AI and satellite growth, but STM may offer better risk-adjusted returns.

BofA Securities raised its 2030 global semiconductor market forecast to $3.2T, citing stronger memory, data center, automotive, and industrial demand. The firm named Infineon and STMicroelectronics as preferred European semiconductor stocks, and ASML, ASM International, VAT Group, and Comet Holding as beneficiaries in semiconductor capital equipment. The new forecast implies an 18% CAGR from 2026-2030, up from 14%.

STMicroelectronics (STM) launched the ST SafeSense VD56GA, a 1.1-megapixel infrared sensor for in-car driver monitoring. The company claims it improves sharpness by 35% and infrared sensitivity by 60%, enabling cost savings for automakers. STM reported Q2 revenue of $3.49B, up 26% YoY, with guidance for Q3 at $3.7B. The sensor's market potential is noted, with Yole Group projecting 70M units by 2031. However, STM's operating margin was 5.4%, and free cash flow was negative $261M.

UBS ranked semiconductor companies in the AI data-center power market, assigning ratings and price targets. Infineon (Neutral, €64 target) faces semiconductor cycle fluctuations. Texas Instruments (Buy, $380 target) confronts tech shifts and competition. Analog Devices (Buy, $490 target) may gain market share in AI data centers. STMicroelectronics (Buy, €80 target) has risks tied to GDP growth and exchange rates.

STMicroelectronics (NYSE: STM) launched the ST SafeSense VD56GA, a 1.1 MP automotive image sensor for infrared in-cabin sensing. It offers 35% higher image sharpness and 60% higher infrared sensitivity than its predecessor, aiding OEMs in scaling driver and occupant monitoring. The sensor is designed for cost-effective, high-volume deployment, with embedded image-processing features and a compact design. According to Yole Group, driver and occupant monitoring systems are expected to exceed 70 mi

Bank of America strategists argue that tighter AI regulation could redirect spending toward broader hardware categories, benefiting companies like Nokia and STMicroelectronics. The bank suggests that regulation may shift focus from frontier training to inference, control, and connectivity infrastructure, favoring custom ASICs, CPUs, and networking components. Nokia is highlighted for its data center switching and optical transport capabilities, while STMicroelectronics is noted for its optical e

Analysts from Mizuho Securities and Evercore ISI provided updates on STMicroelectronics (STM) and Hewlett Packard Enterprise (HPE). Mizuho reiterated a Buy rating on STM with a $80.00 price target, while Evercore downgraded HPE to Hold. Both companies have a Moderate Buy consensus rating, with average price targets of $73.51 for STM and $69.67 for HPE.