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Mycronic AB ( (SE:MYCR) ) has shared an update.
Mycronic AB has secured an order for an SLX mask writer from a new customer in Asia, valued between USD 5-7 million, with net sales to be recognized in the current quarter. This order highlights the increasing demand for photomasks in the semiconductor industry and underscores Mycronic’s strategic positioning in providing modern, energy-efficient mask writers, reinforcing its role in the semiconductor manufacturing sector.
The most recent analyst rating on (SE:MYCR) stock is a Buy with a SEK232.00 price target. To see the full list of analyst forecasts on Mycronic AB stock, see the SE:MYCR Stock Forecast page.
More about Mycronic AB
Mycronic is a Swedish high-tech company specializing in the development, manufacture, and marketing of precision production equipment for the electronics industry. Headquartered in Täby, Sweden, Mycronic operates globally with subsidiaries in various countries and is listed on Nasdaq Stockholm.
Average Trading Volume: 196,590
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK43.9B
For an in-depth examination of MYCR stock, go to TipRanks’ Overview page.