DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Jefferies - 1 Alphawave's - 1 Alphawave - 1 Janardan Menon - 1 Simon Coles - 1
Top related locs:
U.S Toronto Canada London Cambridge Europe
Top related orgs:
Jefferies - 1 U.S . Big Tech - 1 AWS - 1 Microsoft - 1 Big Tech - 1 Barclays - 1

Search resuls for: "Alphawave's"


2 mentions found


☆ This cutting-edge British chip designer's shares are set to soar over 100%, says Jefferies
  + stars: | 2023-09-27 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
London-listed semiconductor company Alphawave Semi 's stock is set to double over the next 12 months, according to Jefferies. The investment bank has set a price target of £2.70 (or 270p) on Alphawave's shares, which implies an upside of 112% from the current level. The bullish view comes despite Jefferies noting Alphawave's "disappointing" profit margins and negative free cash flow in the first half of 2023. According to the investment bank, Alphawave has already achieved four design wins using the advanced " 3nm" manufacturing process, two of which are with major U.S.-based cloud computing giants. The investment bank expects shares to rise by more than 40% over the next 12 months to £1.80 (or 180p) a share.
Persons: Jefferies, Alphawave's, Alphawave, Janardan Menon, Simon Coles Organizations: Jefferies, U.S . Big Tech, AWS, Microsoft, Big Tech, Barclays Locations: U.S, Toronto, Canada, London, Cambridge, Europe
☆ Shares of this little-known global chip firm are set to rise by 50%, Barclays says
  + stars: | 2023-03-13 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +2 min
Shares of Alphawave Semi , a U.K.-based technology company that designs custom chips and semiconductors, are expected to rise by more than 50% over the next 12 months, according to Barclays. The investment bank's equity research team initiated coverage of Alphawave Semi with an "overweight" rating on Feb. 20 and expect the share price to rise to £1.60 ($1.92) per share. Alphawave Semi, formerly known as Alphawave IP, designs microchips for routers, fiber optic cables and other networking devices. One acquisition was OpenFive, which gave Alphawave the ability to create custom silicon products using intellectual property it already owns. The other was Banias Labs, which expanded Alphawave's patents and intellectual property.
0 next >>
Total: 2