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ST Doubles Down on Internal Chip Production

A strong IDM model is seen as key to explosive revenue growth in an era of industrywide component shortages.
Inside ST's Fab
(Source: ST Microelectronics)

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By Bolaji Ojo

What’s at stake?
STMicroelectronics has driven a stake into the heart of speculation it may become a fabless enterprise. With plans to sharply jack up capex and add to its fabs, ST breathes new life into the IDM model as supply constraints and geopolitical concerns continue to alter the dynamics of the semiconductor industry.

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