STMicroelectronics opens new 1-billion-euro credit line with EIB

The STMicroelectronics logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration

Dec 11 (Reuters) - Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB).

The first 500-million-euro slice will be used to support research and development and high-volume chip manufacturing in Italy and France, the company said in a statement.