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Needham analyst Ravindra Gill reiterated a Buy on SkyWater Technology, Inc (NASDAQ: SKYT) and raised the price target to $20 from $15. SkyWater reported 2Q22 revenues over the mid-$40 million ...
SKYT earnings call for the period ending September 30, 2024.
SkyWater produces semiconductor chips using 90-nanometer process technology on equipment designed to handle 200-millimeter wafers of silicon. [ 18 ] [ 19 ] SkyWater works in the consumer, industrial, military & defense, and automotive industries. [ 20 ]
SkyWater Technology Inc. is backing away from plans to build a $1.8 billion semiconductor production and R&D facility in Indiana. "SkyWater has released its option on the land but remains a valued ...
SAINT PAUL, Minn., Dec. 06, 2024 (GLOBE NEWSWIRE) -- The Biden-Harris Administration today announced that the U.S. Department of Commerce signed a preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $16 million in proposed direct funding to SkyWater Technology Foundry, Inc. to modernize its facility in Bloomington, Minn.
The IP in SkyWater's S130 process targets applications in automotive, defense and beyond. [19] Weebit and SkyWater confirmed in June 2023 that Weebit ReRAM IP has been fully qualified for industrial temperatures employing SkyWater's 130nm CMOS (S130) process. [20] In October 2023, foundry DB HiTek licensed Weebit ReRAM for use in its customers ...
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It purchased the chip-manufacturing unit of International Business Machines Corp. Minnesota-based Skywater was divested from U.S.-based Cypress Semiconductor in 2017 and is fully U.S.-owned.