Can STM's Partnership With Qualcomm Subsidiary Push the Stock Higher?
STMST(STM) ZACKS·2024-10-05 01:15

STMicroelectronics (STM) announced its collaboration with Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, for the next generation of industrial and consumer IoT solutions developed by edge AI. This strategic collaboration will facilitate the blend of Qualcomm's AI-powered wireless connectivity technologies, starting with Wi-Fi/Bluetooth/Thread combo system-on-a-chip with the microcontroller (MCU) ecosystem from STM. Developers will enjoy smooth connectivity software integration into STM32 gene ...