Ethernity Networks Ltd. (GB:ENET) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Ethernity Networks Ltd is advancing discussions with Tier-1 wireless backhaul OEMs to transition its FPGA technology to ASIC, potentially leading to significant revenue from long-term volume orders. Despite challenges with rising costs affecting its U.S. fixed wireless customer, the company is optimistic about its ASIC opportunities and ongoing projects with a U.S. aerospace client. These developments could position Ethernity for future growth in the semiconductor market.
For further insights into GB:ENET stock, check out TipRanks’ Stock Analysis page.
