STMicroelectronics NV (NYSE:STM)
$ 25.5 0.09 (0.35%) Market Cap: 23.02 Bil Enterprise Value: 20.08 Bil PE Ratio: 9.68 PB Ratio: 1.38 GF Score: 87/100

STMicroelectronics NV at Goldman Sachs European Digital Economy Conference: Technology & Internet (Virtual) Transcript

Feb 22, 2022 / 01:50PM GMT
Release Date Price: $42.34 (-1.97%)
Alexander Duval
Goldman Sachs Group, Inc., Research Division - Equity Analyst

Yes. Hi, everyone. My name is Alex Duval, and I head up the European tech hardware and semis research team here at Goldman Sachs in London. Delighted to be joined today by Jean-Marc Chery, CEO of STMicro; and Lorenzo Grandi, CFO.

I'd like to make a quick disclosure upfront that this conversation is not intended for the media and is off the record. So great. Thank you so much for joining us today, and we'll get straight to it with Q&A.

Questions & Answers

Alexander Duval
Goldman Sachs Group, Inc., Research Division - Equity Analyst

Firstly, Jean-Marc, it would be great to touch on this topic to do with semis tightness. We've been hearing about semi shortages, obviously for a while and obviously debates over whether the cycle could turn. So given we've seen several players comment that tightness could persist until 2023, what's your view on how long it could take for the situation to become less tight in the various markets like automotive, industrial and

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