🟢 STMicroelectronics NV is trading 3.8% up today on BofA upgrade to Buy and chip sector rebound

STMicroelectronics NV is trading 3.8% up at $73.44 following a Bank of America upgrade and a broader recovery in semiconductor stocks.

• Bank of America raised its rating from Neutral to Buy, citing multiple AI-driven growth drivers for the company.
• The stock is also benefiting from sector-wide strength as chipmakers recover from recent downward pressure.