News Summary
PositiveSTMicroelectronics delivered a strong Q2 2026 earnings beat with 26% YoY revenue growth to $3.49B and a dramatic turnaround to $222M net income, driven by robust demand in AI/data-center optical connectivity chips. Management raised 2026 AI revenue guidance to >$1B (from prior implicit levels) with expectations for >$2B in 2027, supported by expanded AWS partnerships and broad-based strength across all segments.
Funds Buying (6)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| Point72 | Steve Cohen | 3.1M | +2.7M | $232M | 0.4% | +707% | Existing |
| Duquesne Family Office | Stanley Druckenmiller | 3.1M | +490K | $232M | 5.3% | +19% | Existing |
| Sachem Head Capital | Scott Ferguson | 2.2M | +2.2M | $165M | 3.4% | — | NEW |
| Glenview Capital | Larry Robbins | 560K | +560K | $42M | 0.8% | — | NEW |
| Soros Fund Management | Soros Family Office | 18K | +18K | $1M | <0.1% | — | NEW |
| Maverick Capital | Lee Ainslie | 11K | +11K | $1M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where STM ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #3 of this fund's book
- 1Natera Inc$865M
- 2Taiwan Semiconductor Manufac$282M
- 3Stmicroelectronics N V$232M
- 4Insmed Inc$152M
- 5Ypf Sociedad Anonima$143M
- 6Amazon Com Inc$129M
position #14 of this fund's book
- 11Gildan Activewear Inc$188M
- 12GOLAR LNG LTD$180M
- 13Bruker Corp$175M
- 14STMicroelectronics N V$165M
- 15Bitdeer Technologies Group$153M
- 16Twilio Inc$128M
- 17Six Flags Entertainment Corp$107M
position #29 of this fund's book
- 26APPLIED MATLS INC$47M
- 27MKS INC.$44M
- 28SIX FLAGS ENTERTAINMENT CORP$43M
- 29STMICROELECTRONICS N V$42M
- 30ABBVIE INC$37M
- 31ASTRAZENECA PLC$35M
- 32BAUSCH PLUS LOMB CORP$32M
Values are quarter-end position sizes. Shown only for funds where STM ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Congressional Trading
| Member | Chamber | State | Type | Amount Range | Transaction Date | Filed | Src |
|---|---|---|---|---|---|---|---|
| Alan Armstrong | senate | — | BUY | $1,001 - $15,000 | 2026-03-30 | 2026-07-21 | ↗ |
Periodic Transaction Reports filed under the STOCK Act. Amounts are disclosed as ranges, not exact dollar figures.