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QuickLogic ( (QUIK) ) has provided an update.
QuickLogic Corporation’s Board of Directors is actively exploring strategic options for its subsidiary, SensiML, including a potential sale, as the company plans to focus on strengthening its core business model centered around its successful eFPGA Hard IP and ruggedized FPGA products. This strategic shift is driven by recent achievements, such as design wins, expansions in government contracts, and changes in the competitive landscape, positioning QuickLogic to capitalize on opportunities within its programmable logic technology segment.
More about QuickLogic
QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions, offering customizable, low-power solutions for industrial, aerospace, consumer, and computing markets.
YTD Price Performance: -1.34%
Average Trading Volume: 197,415
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $179.4M
Learn more about QUIK stock on TipRanks’ Stock Analysis page.
