STMicroelectronics Reaches 5 Billion Chip Milestone for SpaceX Starlink
STMicroelectronics (NYSE:STM) announced it has shipped more than 5,000,000,000 radio-frequency antenna chips to SpaceX for the Starlink satellite network over the last decade. This delivery milestone underscores the company role in the expanding satellite communication sector, with a senior executive indicating that shipment volumes could potentially double over the next two years due to rising demand.
The global semiconductor manufacturer provides electronic components for the automotive, industrial, and consumer electronics markets. STMicroelectronics (NYSE:STM) operates in a competitive landscape alongside major industry players such as Texas Instruments and NXP Semiconductors. Further details on the company operations are available in its STMicroelectronics history and mission and its mission and vision statements.
On Dec 16, 2025, Mizuho Securities established a price target of $26 for the stock. Shares of STMicroelectronics (NYSE:STM) were trading at $26.47, reflecting a 1.8% increase. During the session, the stock reached a high of $26.96 and a low of $26.29, with a trading volume of 4.83 million shares on the New York Stock Exchange.
The company maintains a market capitalization of approximately $23.62 billion USD. Over the past year, the equity has demonstrated significant volatility, recording a 52-week high of $33.47 and a low of $17.25. For more information on the company performance, see the financial health report and the investor profile.
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