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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.
SKYT earnings call for the period ending September 30, 2024.
Micron reported a strong set of financial results for its fiscal 2025 first quarter (ended Nov. 28) on Wednesday, Dec. 18, but its stock plunged 12% in after-hours trading.
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.
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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 ...
Due to the sweeping impact and scope of the export controls the industry recognizes that the global semiconductor ecosystem will necessitate a rewiring requiring firms to adapt. [9] For example, it is likely firms will recalculate business models, update roadmaps, and forge new, more resilient partnerships up and down the supply chain.