10 Stocks Hurting From DeepSeek AI News That Could Turn Into Multibaggers

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

STMicroelectronics N.V. is a semiconductor developer and supplier operating in analog, microcontrollers & digital ICs group, MEMS & sensors group, and automotive & discrete group segments. The stock was down over 2% during pre-market trading.

The cyclical nature of the industry has meant that the stock is now down 44% in one year. 2025 prospects look better though as the company focuses on increased sales and margin expansion. A re-rating resulting from this would help the company outperform the S&P 500 this year.

TD Cowen downgraded the stock to Hold recently but the stock is already trading at the $25 downgraded price target that the research firm assigned it. Any dip can therefore be considered a buying opportunity, though the semiconductor industry’s headwinds remain a concern.