As part of the agreement**, STM issued warrants in favor of AWS – a sort of option right – which will allow Amazon to purchase up to 24.8 million shares** of the chip group at a price of 28.38 dollars (approximately 23.91 euros). Over time and the progress of the contract, thus, iThe US giant will be able to become a shareholder of STM with a share close to 2.8% which, at current stock market prices, is worth around 700 million. The announcement sent the company’s stock soaring close up 9.9% on Piazza Affari at 27.32 euros, i.e. above the strike price agreed with Amazon
Jean-Marc Chery, CEO and president. «Our advanced chips will directly power AWS’ infrastructure, enabling its customers to push the frontiers of artificial intelligence forward.high-performance computing, and digital connectivity.”
https://www.corriere.it/economia/finanza/26_febbraio_10/stm-accordo-miliardario-con-amazon-che-diventera-azionista-fino-al-2-8-del-gruppo-dei-chip-ce72146e-092a-48de-abc5-576bf4efdxlk.shtml?refresh_ce
Posted by sr_local
5 Comments
STM non farà i chip dell’iPhone, CPU e RAM e GPU, ma fa tanta di quella roba non meno importante.
Non Ideale per la sovranità europea ma meglio di farla fallire immagino
Bel colpo!
Ricordiamo che la parte Italiana di Stm fu fondata da Olivetti.
Considerando che ultimamente non si trovava in una bellissima situazione mi sembra una buona notizia.