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STMicroelectronics NV (NYSE:STM) is one of the 10 Stocks Posting Outsized Gains.

STMicroelectronics climbed to a new two-year high on Thursday, as investors took heart from its upbeat outlook for the second quarter, alongside a strong revenue performance for the first three months of the year.

In intra-day trading, the stock soared to a record high of $51.40 before trimming gains to end the session just up by 10.81 percent at $49.71 apiece.

STMicro's Catania Silicon Carbide Campus. Photo from STMicroelectronics website

In a statement, STMicroelectronics NV (NYSE:STM) reported a 23-percent expansion in its revenues for the first quarter of the year, at $3.095 billion versus $2.517 billion in the same period last year.

Gross margin was at 33.8 percent, or a 40-basis point increase from the 33.4 percent a year earlier.

“Q1 net revenues, excluding the contribution of our acquisition of NXP’s MEMS sensor business, came above the mid-point of our business outlook range, driven mainly by higher revenues in our engaged customer programs in Personal electronics and CECP,” said President and CEO Jean-Marc Chery.

“Gross margin was above the mid-point of our business outlook range mainly due to better product mix,” he added.

Net income, however, declined by 33.7 percent year-on-year to $37 million from $56 million, but marked a significant improvement from the $30 million net loss posted in the fourth quarter of 2025.

Despite the mixed results, STMicroelectronics NV (NYSE:STM) posted an upbeat outlook for the second quarter of the year, with revenues targeted to grow by 24.5 percent to $3.45 billion from $2.77 billion in the same quarter last year.

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