Ensilica PLC (GB:ENSI) has released an update.
EnSilica, a prominent chipmaker, has secured an additional ASIC design and supply contract with Siemens AG, set to start in 2025, boosting its industrial automation offerings. The partnership affirms EnSilica’s role as a key player in the process automation industry and is in line with current financial forecasts. This collaboration highlights EnSilica’s continued influence in the industrials sector and Siemens’ trust in their mixed signal ASIC expertise.
For further insights into GB:ENSI stock, check out TipRanks’ Stock Analysis page.