BRIEF-STMicroelectronics Expands Engagement With Amazon Web Services On Compute Infrastructure
Reuters
Feb 09
BRIEF-STMicroelectronics Expands Engagement With Amazon 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
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