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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 ...
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 ]
For the last two years, technology stocks have generated some pretty generous returns. Since ChatGPT was commercially released on Nov. 30, 2022, the Nasdaq Composite and S&P 500 indexes have ...
Semiconductor manufacturing equipment supplier Lam Research (NASDAQ: LRCX) has been in fine form on the stock market in 2025, with the share price up 22% year to date as of Feb. 19, and the ...
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.
SKYT earnings call for the period ending September 30, 2024.
Between 2020 and 2023, there was a worldwide chip shortage affecting more than 169 industries, [1] which led to major price increases, long queues, and reselling among consumers and manufacturers for automobiles, graphics cards, video game consoles, computers, household appliances, and other consumer electronics that require integrated circuits (commonly called "chips").
Axcelis generated $256.5 million in revenue during the second quarter of 2024 (ended June 30). While that crushed management's forecast of $245 million, it still represented a 6.3% drop from the ...