STMicroelectronics announced on September 17, 2025, a $60 million investment for its plant in Tours, France. This capital expenditure is designated for developing a pilot line for advanced semiconductor manufacturing technology.
This investment is part of STMicroelectronics' broader strategy to reshape its manufacturing footprint and enhance its technological capabilities. The pilot line will focus on advanced packaging technology, which is crucial for next-generation chips.
The upgrade at the Tours plant underscores the company's commitment to innovation and operational efficiency. This strategic investment is expected to contribute to future operating efficiencies and gross margins, aligning with the company's long-term growth objectives.
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