10 AI News Investors Probably Missed

7. STMicroelectronics N.V. (NYSE:STM)

Number of Hedge Fund Holders: 18

STMicroelectronics N.V. (NYSE:STM) designs and manufactures semiconductor products across various industries, including automotive, industrial, and personal electronics. Its offerings include AI-enabled solutions such as MEMS sensors, wireless connectivity ICs, and microcontrollers, serving applications in the automotive, communications, and industrial sectors.

STMicroelectronics (NYSE:STM) introduced the STM32N6 microcontroller series, its most powerful yet, featuring the proprietary Neural-ART Accelerator for embedded AI tasks on December 10. The innovation enables advanced machine learning capabilities, such as computer vision and audio processing, in cost-effective and energy-efficient edge devices. The STM32N6 delivers significantly improved AI performance, making it suitable for consumer and industrial applications. ST also supports developers with an updated AI software ecosystem, aiming to advance AI use in real-time systems while reducing barriers to entry. This marks a shift in leveraging AI at the edge, traditionally seen as a domain for data centers.