Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
4DS Memory ( (AU:4DS) ) has provided an update.
4DS Memory Limited announced that the initial analysis of their Sixth Platform Lot did not meet expected results, indicating potential delays in the development of their Interface Switching ReRAM technology. The company is conducting further testing and analysis to identify the root cause of these unexpected results, which may lead to additional process modifications. Despite these challenges, 4DS Memory remains well-funded with approximately $10 million available and plans to update stakeholders through an investor webinar.
More about 4DS Memory
4DS Memory Limited operates in the semiconductor industry, focusing on the development of Interface Switching ReRAM technology. The company is engaged in optimizing memory cell arrays, particularly transitioning from 60nm to 20nm memory cells, to enhance manufacturing processes and de-risk production.
YTD Price Performance: 26.00%
Average Trading Volume: 7,051,421
Technical Sentiment Signal: Hold
Current Market Cap: A$129.8M
For an in-depth examination of 4DS stock, go to TipRanks’ Overview page.