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An update from Silicom ( (SILC) ) is now available.
Silicom Ltd. has secured a major Design Win with a global networking and security-as-a-service leader, establishing itself as the exclusive provider of Edge Networking hardware. This partnership, which is expected to generate $3-$4 million annually at full run rate, underscores Silicom’s strong product portfolio and strategic sales approach, promising additional Design Wins and sustained revenue growth.
More about Silicom
Silicom Ltd. is a leading provider of high-performance networking and data infrastructure solutions, primarily designed to enhance performance and efficiency in Cloud and Data Center environments. The company’s products are used by major Cloud players, service providers, telcos, and OEMs, serving as integral components in infrastructure offerings, including both add-on adapters and stand-alone virtualized devices.
YTD Price Performance: -22.16%
Average Trading Volume: 21,398
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $85.93M
See more insights into SILC stock on TipRanks’ Stock Analysis page.
