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home / news releases / IFNNY - SkyWater Earnings Preview: Products In High Demand

IFNNY - SkyWater Earnings Preview: Products In High Demand

Infineon Technologies AG ADR

2024-05-05 11:47:13 ET

Summary

  • SkyWater Technology's stock price has been declining despite increasing revenue, indicating strong demand for its technology.
  • The company's focus on ATS development and customer-funded capital is expected to improve profitability in the second half of 2024.
  • There are risks associated with the performance of the ATS business and the impact of the Wafer Services segment on overall sales.
  • Both its technology and factory capacity are suitable for supplying U.S. government agencies and it is benefiting from the CHIPS Act prioritizing domestic production.

SkyWater Technology's (NASDAQ: SKYT ) stock price has been trending downward despite revenue moving in the opposite direction as charted below....

For further details see:

SkyWater Earnings Preview: Products In High Demand
Stock Information
Company Name: Infineon Technologies AG ADR
Stock Symbol: IFNNY
Market: OTC
Website: infineon.com
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