Professional
Added to YB: 2024-06-13
Pitch date: 2024-05-01
SIMO [bullish]
Silicon Motion Technology Corporation
+11.08%
current return
Author Info
No bio for this author
Company Info
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.
Market Cap
$2.6B
Pitch Price
$68.99
Price Target
N/A
Dividend
2.61%
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Ave Maria Growth Fund New Position: Silicon Motion Technology Corporation
SIMO: Fabless semi co specializing in low-end flash memory controllers. Rising chip dev costs driving memory makers to outsource commodity controller dev to SIMO. New enterprise controller to capitalize on outsourcing trend expanding from consumer to server markets.
Read full article (1 min)