Can STM's New STM32N6 MCU Series Give a Fresh Boost to the Stock?

STMicroelectronics (STM) shares have plunged 47.5% on a year-to-date (YTD) basis against the Zacks  Semiconductor-General industry and the Zacks Computer & Technology sector’s return of 126.4% and 32.3%, respectively.Over the same time frame, shares of its competitors, including NVIDIA (NVDA) , Amtech Systems (ASYS) and Texas Instruments (TXN) , have climbed 172.7%, 31.2% and 11.5%, respectively.This underperformance is a result of the decline in order entry and customer backlogs during the third quarter, p ...