Application-Specific Integrated Circuit Market Report 2024 - Global Trends, Forecast and Competitive Analysis to 2030 [Yahoo! Finance]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Yahoo! Finance
The global application-specific integrated circuit market is expected to reach an estimated $21.8 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The future of the global application-specific integrated circuit market looks promising with opportunities in the telecommunication, industrial, automotive, and consumer electronic markets. The major drivers for this market are rising need for specialized and high-capacity chips and widespread integration of artificial intelligence and machine learning among industries. Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies application-specific integrated circuit companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and ex
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STM
Earnings
- 4/25/24 - Miss
STM
Sec Filings
- 5/16/24 - Form SD
- 5/13/24 - Form 6-K
- 5/6/24 - Form 6-K
- STM's page on the SEC website