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4DS Memory ( (AU:4DS) ) has shared an update.
4DS Memory Limited has completed a root cause analysis of its Sixth Platform Lot, identifying etch residues during manufacturing as the cause of electrical shorting in 20nm memory devices. This analysis is crucial as the company aims to scale its technology from 60nm to 20nm memory cells, a significant milestone for demonstrating generational memory technology. The company is collaborating with partners to determine strategic and technical development pathways for 2025, with updates to shareholders forthcoming.
More about 4DS Memory
4DS Memory Limited is a semiconductor technology company based in Silicon Valley, specializing in high bandwidth, high endurance, persistent non-volatile memory for advanced CMOS process nodes. Their technology, Interface Switching ReRAM, is designed for compute-intensive and AI processor applications. The company holds a significant IP portfolio and has strategic partnerships with imec, Infineon Technologies AG, and HGST, a subsidiary of Western Digital.
YTD Price Performance: -44.00%
Average Trading Volume: 8,682,067
Technical Sentiment Signal: Sell
Current Market Cap: A$57.71M
Learn more about 4DS stock on TipRanks’ Stock Analysis page.
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