Precidian ETFs Trust – STMicroelectronics NV ADRhedged

STMicroelectronics N.V. is a global leader in the semiconductor industry, specializing in the design, development, manufacturing, and marketing of a broad portfolio of semiconductor products. These products range from discrete and dynamic components to sophisticated microcontrollers and powerful sensors. STMicroelectronics serves a wide array of sectors including automotive, industrial, personal electronics, and communication equipment, enhancing functionalities in applications like industry automation, car drivetrains, and consumer gadgets. The company is a pivotal player in advancing digital technologies, driving innovations in smart mobility, power & energy, and the Internet of Things. Through its extensive research and development capabilities, STMicroelectronics contributes significantly to the technological advancements necessary for more connected, efficient, and smart environments globally. Founded in 1987 and headquartered in Switzerland, this company retains a strong influence in the global semiconductor market, supported by its extensive network of design centers, research labs, and manufacturing facilities.