Growth OpportunitiesLonger-term, the company continues to hold significant opportunities in SiC, GaN and 32-bit MCU, backed by solid customers in Tesla, Mobileye, Apple, Starlink and others.
Operational PerformanceST's ability to maintain a 40% floor on gross margins and mid-to-high teens operating margins amid a revenue correction demonstrates structural improvement.
ValuationThe stock is considered undervalued, with ongoing secular growth and improving margin structure being overlooked.