(Businesswire, May 3rd) “Everspin was GAAP net income positive for the 8th quarter in a row driven by growing demand of our Toggle and STT-MRAM products,” said Sanjeev Aggarwal, President & CEO. “We are excited to see the interest from our customers to evaluate and design in our new xSPI family of STT-MRAM products. This family of STT-MRAM products was awarded Best in Show Memory and Storage Category at the Embedded World Exhibition & Conference, 2023.”
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Attention Re: US Chips Act & Corporate Funding:
US government & corporations to invest >$100B USD in the semiconductor industry over the next 10 yrs.
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