MACOM (MTSI) Technology Solutions entered into an agreement with HRL Laboratories to license and manufacture HRL’s proprietary 40nm T3L GaN-on-silicon carbide process technology. HRL and MACOM will work collaboratively on a rapid process transfer of this proprietary semiconductor process from HRL’s facility to one of MACOM’s U.S. Trusted Foundries. Under the agreement, MACOM will have an exclusive license to manufacture products based on the T3L process. HRL is jointly owned by Boeing (BA) and General Motors (GM) (GM0.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTSI:
- Macom Technology Solutions (MTSI) Q4 Earnings Cheat Sheet
- 3 Stocks That Technical Analysis Flags as Must-Buys Today
- Macom initiated with a Buy at TD Cowen
- Strategic Growth and Market Alignment Justify Buy Rating for MACOM Technology Solutions
- Macom supports PCIe, CXL connectivity with high performance chipset
