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4DS Memory Ltd. ( (AU:4DS) ) has issued an announcement.
4DS Memory Limited announced significant advancements in its memory technology development, including the successful testing of its Fifth Platform Lot and ongoing progress with the Sixth Platform Lot. The company has entered into a design agreement with Infineon Technologies to create a custom ReRAM memory test chip, marking a strategic step towards commercialization. Additionally, 4DS secured $6 million through a placement, followed by a $2 million share purchase plan, to fund its development projects and collaborations. This financial move highlights strong investor interest and positions 4DS for continued growth and innovation in the semiconductor sector.
More about 4DS Memory Ltd.
4DS Memory Limited operates in the semiconductor industry and specializes in the development of ReRAM technology, focusing on memory cell arrays. The company collaborates with imec for manufacturing and has recently entered into a design agreement with Infineon Technologies to advance its custom ReRAM memory test chip.
YTD Price Performance: 0.0%
Average Trading Volume: 150,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $38.85M
Find detailed analytics on 4DS stock on TipRanks’ Stock Analysis page.
