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Lokotech Announces ASIC Tape-Out and Customer Options
Company Announcements

Lokotech Announces ASIC Tape-Out and Customer Options

Harmonychain AS (DE:7EW) has released an update.

Invest with Confidence:

Lokotech is set to tape-out a commercial-scale AI and Scrypt ASIC in October 2024, following a delay due to extended validation of Chiplet 2 and enhancements to the chip’s security and AI features. Customers with existing orders have the option to cancel with a full refund and interest, or keep their place in the production queue. The company updates market on milestones and negotiations with the Value Chain Aggregator for manufacturing terms.

For further insights into DE:7EW stock, check out TipRanks’ Stock Analysis page.

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