Jul. 19 at 8:34 PM
Weekend watch:
$STM
Among the semiconductor names that have been heavily sold off,
$STM stands out because the growth story is tied to several major AI trends.
The thesis is bigger than just chips:
AI & data centers: photonic ICs, power semiconductors (SiC/GaN), and high-voltage solutions supporting next-gen infrastructure. Key exposure includes
$AMZN and
$NVDA.
Space: RF chips and radiation-hardened processors used across LEO satellite networks, including Starlink-related demand and future constellation growth.
Edge AI: sensors, microcontrollers, and embedded computing for the next wave of intelligent devices.
Multiple secular tailwinds, but valuation still matters. Trading near ~
$60, the market is already pricing in strong execution.
The question: is
$STM a future AI infrastructure winner, or already too expensive?
