Big news about STMicroelectronics, a company that makes tiny computer chips for cars and other things! The Italian government isn't happy with its boss, Jean-Marc Chéry, and wants him replaced. They think he hasn't done a good job lately.
- STMicro's stock price went down because of this news.
- The company hasn't done as well as other chip companies recently.
- Italy and France own a big part of STMicro and will need to agree on a new leader.
Fact | Number |
---|---|
STMicro's stock return (past 5 years) | ~5% |
CAC Technology Index return (past 5 years) | ~22% |
Philadelphia Semiconductor Index return (past 5 years) | ~200% |