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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 is a Department of Defense-accredited Trusted supplier, part of the DOD's efforts to secure a supply chain within the United States. [ 21 ] [ 22 ] SkyWater has collaborated with Efabless and Google to create the first open source chip manufacturing program.
In stock markets abroad, European indexes were mixed amid relatively modest movements. In Asia, Hong Kong’s Hang Seng fell 0.9%, while South Korea’s Kospi gained 1.1%.
Here's what else happened today: Energy stocks are off to a strong start in 2025 after back-to-back years of underperformance. Wall Street is starting to throw in the towel on another rate cut ...
SKYT earnings call for the period ending June 30, 2024.
SKYT earnings call for the period ending September 30, 2024.
A broader sell-off in the chip sector weighed on TSMC.
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.