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Mycronic AB ( (SE:MYCR) ) has provided an update.
Mycronic AB has secured an order for its SLX mask writer from an existing customer in the US, valued between USD 4-6 million, with delivery expected this quarter. The SLX mask writer addresses the growing demand for photomasks in the semiconductor industry, offering modern, energy-efficient technology that enhances performance and reliability, thus reinforcing Mycronic’s position in the market.
The most recent analyst rating on (SE:MYCR) stock is a Buy with a SEK237.00 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: 152,883
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK41.71B
For an in-depth examination of MYCR stock, go to TipRanks’ Overview page.