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1 Nvidia-Backed Stock to Buy Now If You Are Betting on Physical AI
Yahoo Finance· 2026-03-18 14:37
Valued at $13 billion by market cap, STM stock has bounced back strongly in the last year. The shares delivered a roughly 31% total return over the past 12 months and are up about 30% year-to-date (YTD). This outpaced many chip peers, helped by recovering auto/industrial demand and the recent AI buzz.STMicroelectronics isn’t just betting on physical AI; it’s building across multiple fronts. Recently. It launched a new ultra-wideband chip, pushing deeper into smart sensing for cars and devices. It’s also sca ...