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home / news releases / ACEV - ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market


ACEV - ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market

  • In January 2021, the Special Purpose Acquisition Corporation (SPAC) ACE Convergence Acquisition Corp. announced intent to acquire Achronix Semiconductor Corp.
  • Since an initial run up, semiconductor supply chain concerns as well as the market rotation from growth to value stocks since have opened a window of opportunity for long positions.
  • Achronix offers a superior long-term growth and profitability profile to peers due to its eFPGA product which offers significant exposure to secular megatrends such as AI and 5G.

For further details see:

ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market
Stock Information

Company Name: ACE Convergence Acquisition Corp.
Stock Symbol: ACEV
Market: NASDAQ

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