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Harmonychain AS ( (DE:7EW) ) has shared an update.
Lokotech AS, a subsidiary of Harmonychain AS, has reached a key milestone in its semiconductor development by completing the tape-out of its combined Scrypt and AI ASIC chip. This step marks the transition from design work to physical silicon production, underscoring the company’s ambitions in both crypto-focused and AI acceleration hardware markets.
With the tape-out finished, Lokotech will now place its first wafer order, and mask set fabrication is scheduled to begin shortly as part of the move toward full commercialization. The progress signals that Harmonychain is advancing along its hardware roadmap, which could strengthen its competitive position in specialized computing and potentially shorten time-to-market for its next-generation ASIC products.
More about Harmonychain AS
Harmonychain AS, through its subsidiary Lokotech AS, operates in the semiconductor and digital infrastructure sector, focusing on application-specific integrated circuits (ASICs). The company targets Scrypt-based workloads and artificial intelligence (AI) applications, aiming to commercialize specialized chips for high-performance, energy-efficient computing in these niches.
YTD Price Performance: 2.29%
Average Trading Volume: 3,799,964
Current Market Cap: NOK534.9M
See more insights into 7EW stock on TipRanks’ Stock Analysis page.

