BRIEF-STMicroelectronics Expands Engagement With Amazon Web Services On Compute Infrastructure

Reuters
02/09
BRIEF-STMicroelectronics Expands Engagement With <a href="https://laohu8.com/S/AMZN">Amazon</a> Web Services On Compute Infrastructure

Feb 9 (Reuters) - STMicroelectronics NV STMPA.PA:

  • STMICROELECTRONICS EXPANDS STRATEGIC ENGAGEMENT WITH AMAZON WEB SERVICES TO ENABLE NEW HIGH PERFORMANCE COMPUTE INFRASTRUCTURE FOR CLOUD AND AI DATA CENTERS

  • ENGAGEMENT COVERS A BROAD RANGE OF SEMICONDUCTOR SOLUTIONS LEVERAGING ST'S PORTFOLIO OF PROPRIETARY TECHNOLOGIES

  • ST HAS ISSUED WARRANTS TO AMAZON WEB SERVICES FOR THE ACQUISITION OF UP TO 24.8 MILLION ORDINARY SHARES OF ST

  • AMAZON WEB SERVICES MAY EXERCISE WARRANTS IN ONE OR MORE TRANSACTIONS OVER 7-YEARS FROM ISSUE DATE AT INITIAL EXERCISE PRICE OF $28.38

Source text: ID:nGNE53QqxT

Further company coverage: STMPA.PA

(Gdansk Newsroom)

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