QUIK - QuickLogic: Stronger Defense Demand And Solid Execution To Drive Outperformance

2024-01-26 10:45:39 ET

Summary

• QuickLogic is a fabless semiconductor developer that designs and sells chips for industrial and defense applications.
• The company has been on an upward trend since 2020, with shares recently reaching a 5-year-high.
• QuickLogic is well-positioned to benefit from the growing demand for semiconductors in defense and aerospace markets.

QuickLogic Corporation ( QUIK ) is a company that develops embedded FPGA / eFPGA IP, discrete FPGAs, and FPGA SoCs, for a variety of industrial and defense technology applications in AI, voice, or sensor processing. As a "fabless" developer, QUIK operates similarly to large chipmakers like Nvidia ( NVDA ) and AMD ( AMD ), in that they design and sell chips but outsource the actual wafer fabrication to specialized factories called foundries....

For further details see: