Short interest for QuickLogic gives investors a sense of the degree to which investors are betting on the decline of QuickLogic's stock. Short interest data is updated every two weeks.

QuickLogic Stock (NASDAQ:QUIK), Short Interest Report

QuickLogic

QuickLogic Corp provides programmable silicon and software platforms to enable its customers to develop custom hardware products in a fast time-to-market and cost-effective way. QuickLogic is a fabless semiconductor company with a product range: embedded FPGA (eFPGA) intellectual property (IP), low power, multi-core semiconductor system-on-chips (SoCs), discrete FPGAs, and AI software. The full range of platforms, software tools, and eFPGA IP enables the practical and efficient adoption of AI, voice, and sensor processing across Aerospace, and Defense, Consumer/Industrial IoT, and Consumer Electronics markets.

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QuickLogic unveiled a couple of important contract wins leveraging its expertise in field-programmable gate array (FPGA) circuits.

QuickLogic Shares Zoom 616% In 4 Years: Could This Chipmaker Be On A Nvidia-Style Trajectory? (CORRECTED)

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As of March 4, 2024, four stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 4 Tech Stocks That May Implode This Month

Movers

QuickLogic Corporation (NASDAQ: QUIK) shares are trading higher by 15.96% to $7.34 Thursday morning after the company announced it was awarded a $6.9 million base contract to develop strategic radiation hardened FPGA technology.

Why QuickLogic Shares Are Skyrocketing Today

QuickLogic Corp

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Shares of semiconductor stocks are trading lower amid this week's Fed meeting. Investors also assess weakness in SMCI as well as NVIDIA's Monday GCT announcements.

<h3>Gainers</h3>
<ul>
<li><strong>XTI Aerospace</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) stock increased by 12.2% to $2.85 during Thursday's after-market session. The company's market cap stands at $18.0 million. </li>
<li><strong>Soluna Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) shares rose 8.38% to $3.75. The market value of their outstanding shares is at $9.9 million. </li>
<li><strong>Cyngn</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock increased by 7.02% to $0.17. The company's market cap stands at $13.9 million. </li>
<li><strong>AEye</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) shares rose 6.83% to $1.25. The market value of their outstanding shares is at $7.8 million. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) shares rose 5.73% to $18.44. The market value of their outstanding shares is at $260.3 million. </li>
<li><strong>MMTEC</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) stock increased by 5.66% to $1.68. The company's market cap stands at $334.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Frequency Electronics</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEIM#NASDAQ">FEIM</a>) shares fell 17.5% to $9.0 during Thursday's after-market session. The market value of their outstanding shares is at $84.7 million. As per the news, the Q3 earnings report came out today. </li>
<li><strong>Adobe</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) stock declined by 10.75% to $509.17. The market value of their outstanding shares is at $230.4 billion. As per the news, the Q1 earnings report came out today. </li>
<li><strong>PagerDuty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>) shares decreased by 10.12% to $20.61. The market value of their outstanding shares is at $1.8 billion. As per the news, the Q4 earnings report came out today. </li>
<li><strong>Smartsheet</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMAR#NYSE">SMAR</a>) shares decreased by 9.96% to $36.29. The market value of their outstanding shares is at $4.9 billion. As per the press release, Q4 earnings came out today. </li>
<li><strong>Kopin</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOPN#NASDAQ">KOPN</a>) stock declined by 6.85% to $2.04. The market value of their outstanding shares is at $225.4 million. As per the news, the Q4 earnings report came out today. </li>
<li><strong>EverCommerce</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVCM#NASDAQ">EVCM</a>) stock decreased by 4.82% to $8.9. The company's market cap stands at $1.6 billion. As per the news, the Q4 earnings report came out today.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Information Technology Stocks Moving In Thursday's After-Market Session

<p><em>Editor&#8217;s note: This story has been corrected to make clear that QuickLogic is profitable</em>.</p>
<p><strong>QuickLogic Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) is a rare example of a semiconductor stock that is not even close to its record highs. Those were hit more than a decade ago, but analysts are warming to <a href="https://www.benzinga.com/quote/QUIK">the stock</a>.</p>
<p>Just this week, the company unveiled a couple of important contract wins leveraging its expertise in field-programmable gate array (FPGA) circuits. </p>
<p>FPGAs can be programmed of reconfigured after production to perform specific functions, unlike more traditional application-specific integrated circuits (ASIC), designed for a single purpose.</p>
<p>Like many of its rivals, such as <strong>Nvidia Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and <strong>Advanced Micro Devices Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), QuickLogic is a fabless designer and developer of chips, that outsources their manufacture to foundries, such as those operated by <strong>GlobalFoundries Inc. </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) or <strong>Taiwan Semiconductor Manufacturing</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NASDAQ">TSM</a>).</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/14082629/newplot-2024-03-14T122608.934.png" alt="" class="wp-image-251699" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/14082629/newplot-2024-03-14T122608.934.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/14082629/newplot-2024-03-14T122608.934-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure></p>
<p><em>Also Read: <a href="https://www.benzinga.com/general/entertainment/24/03/37664282/tiktok-bill-passes-house-vote-influencers-on-edge-chinese-owned-app-used-by-150m-americans">TikTok Bill Passes House Vote, Influencers On Edge: Chinese-Owned App Used By 150M Americans</a></em></p>
<h3 class="wp-block-heading">Record Highs A Decade Back</h3>
<p>QuickLogic&#8217;s record highs were hit in early 2010s during the first chip explosion as demand for smartphones first started to peak. Its shares then experienced a sharp decline and several years of trading sideways, until it refocused on intellectual property (IP) in system-on-chip (SoC) design.</p>
<p>Since 2020, the shares have broadly been on the up. From their 2020 low to their current six-year high, the shares have climbed 616%.</p>
<p>&#8220;That's really not even the most exciting part about the stock,&#8221; said David Bartosiak, stock strategist at<br />Zacks Investment Research.</p>
<p>&#8220;It's all about the growth numbers. Looking at the earnings side of the equation, QuickLogic is set to enter an era of profitability this year, with profits multiplying next.&#8221;</p>
<p>The company&#8217;s stand-out model, as an expected explosion of artificial intelligence-driven demand hits the semiconductor sector, is its Austalis Platform.</p>
<p>Austalis is a proprietary eFPGA IP generator, an open-source community platform which the company says will drive forward software development at a much faster pace and at lower costs.</p>
<p>&#8220;This segment can help provide the sticky revenue numbers that companies look for,&#8221; said Bartosiak.</p>
<p>He added: &#8220;Rather than just being a hardware company that makes money one time, when they sell the product, QuickLogic's software business creates ongoing revenue.&#8221;</p>
<h3 class="wp-block-heading">Defense Spending Boost?</h3>
<p>QuickLogic&#8217;s products are chiefly used in the defense and aerospace sectors, and there&#8217;s great potential growth in that, given ongoing geopolitical tensions, that doesn&#8217;t appear to be going away anytime soon.</p>
<p>&#8220;QUIK is well-positioned to capture these opportunities, given its track record in supplying and designing unique eFPGA IP and SoC offerings for high-profile defense clients,&#8221; said analysts at Seeking Alpha.</p>
<p>&#8220;Furthermore, the US — where QUIK&#8217;s largest share of revenue is from geographically — will continue to be the biggest defense spender in the world.&#8221;</p>
<p>Could this be a Nvidia-style rags-to-riches story? If it has hit on niche intellectual property, and if this is compatible with forecast growth in the AI industry — and if the company can grow enough to keep pace with demand, then — as Nvidia has shown — the sky is the limit.</p>
<p><em>Now Read: <a href="https://www.benzinga.com/news/earnings/24/03/37593551/is-nvidia-stock-becoming-too-volatile-to-buy-best-performing-stock-on-s-p-500-tests-investors-nerve">Is Nvidia Stock Becoming Too Volatile To Buy? Best-Performing Stock On S&amp;P 500 Tests Investors&#8217; Nerves</a></em></p>
<p><em>Image via Shutterstock</em></p>


<p>- Australis&#x2122; IP Generator creates eFPGA IP that is optimized to meet customers' unique PPA requirements</p>
<p>- ZES's radiation-hardened-by-design cell libraries deliver 3.5x better PPA than current solutions, with proven reliability</p>


QuickLogic, Zero-Error Systems Announce Partnership

<p>QuickLogic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, is proud to announce its selection by a large multi-national company for eFPGA IP targeting the TSMC N12e, 12nm process.&nbsp; IP delivery for this contract is scheduled for fiscal year 2024.</p>
<p>&nbsp;</p>
<p>This design is for a new, ultra-low-power SoC that leverages the benefits of AI for a variety of commercial and industrial IoT applications. &nbsp;The customer selected QuickLogic's eFPGA technology because it can quickly adapt to changing algorithms used for AI data acceleration while consuming substantially less power than software solutions and with much faster throughput than a processor.&nbsp; &nbsp;</p>
<p>"With over three decades of experience as a fabless programmable logic company, QuickLogic is in a unique position to help our customers accelerate development schedules and lower risks," said Brian Faith, QuickLogic CEO.&nbsp; "By leveraging our time-tested IP, collaborative workflow and our proprietary Australis IP Generator, we deliver completed IP solutions quickly and can target any foundry and fabrication node."</p>
<p>&nbsp;</p>


QuickLogic Announces eFPGA IP Contract For TSMC N12e Process Technology

<p>As of March 4, 2024, four stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.</p>
<p>The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.</p>
<p>Here&rsquo;s the latest list of major overbought players in this sector.</p>
<h3><strong>Box, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/box#NYSE">BOX</a>)</h3>
<ul>
<li>Box will replace Forrester Research in the S&amp;P SmallCap 600 effective prior to the open of trading on Monday, March 18. The company&rsquo;s stock gained around 4% over the past five days and has a <a href="https://www.benzinga.com/quote/BOX"><em>52-week high of $31.94 </em></a>.</li>
<li><strong>RSI Value:</strong> 70.23</li>
<li><strong>BOX Price Action: </strong> Shares of Box gained 2.9% to close at $26.54 on Friday.</li>
</ul>
<h3><strong>QuickLogic Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/quik#NASDAQ">QUIK</a>)</h3>
<ul>
<li>On Feb. 27, QuickLogic reported better-than-expected fourth-quarter financial results. &quot;I am very proud of the record profitability and the 31% annual revenue growth we posted for fiscal year 2023,&quot; said Brian Faith, CEO of QuickLogic. &quot;With the expansion of our customer base and end markets that we anticipate this year, we expect our growth trend and profitability to continue in 2024 and beyond.&quot; The company&rsquo;s stock gained around 26% over the past five days and <a href="https://www.benzinga.com/quote/QUIK"><em> has a 52-week high </em></a> of $16.25.</li>
<li><strong>RSI Value:</strong> 70.84</li>
<li><strong>QUIK Price Action: </strong> Shares of QuickLogic gained 8.4% to close at $16.17 on Friday.</li>
</ul>
<h3><strong>Iveda Solutions, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ivda#NASDAQ">IVDA</a>)</h3>
<ul>
<li>On Feb. 26, Iveda Solutions was awarded a $3.2 million contract for confidential application by Taiwanese Government Agency. The company&rsquo;s stock gained around 80% over the past month has a <a href="https://www.benzinga.com/quote/IVDA"><em> 52-week high </em></a> of $1.90.</li>
<li><strong>RSI Value:</strong> 71.65</li>
<li><strong>IVDA Price Action: </strong> Shares of Iveda Solutions gained 1% to close at $1.01 on Friday.</li>
</ul>
<h3><strong>Cheetah Mobile Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmcm#NASDAQ">CMCM</a>)</h3>
<ul>
<li>On Dec. 4, Cheetah Mobile announced acquisition of controlling stake in Beijing OrionStar. The company&rsquo;s stock jumped around 24% over the past month and has a 52-week high is $2.98.</li>
<li><strong>RSI Value:</strong> 75.06</li>
<li><strong>CMCM Price Action: </strong> Shares of Cheetah Mobile fell 2.3% to close at $2.58 on Friday.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/news/earnings/24/03/37448052/sea-aerovironment-and-3-stocks-to-watch-heading-into-monday"><em> Sea, AeroVironment And 3 Stocks To Watch Heading Into Monday </em></a></p>


QuickLogic shares are trading higher after the company reported better-than-expected Q4 financial results. Also, Oppenheimer reiterated an Outperform rating on the stock and raised its price target from $12 to $16.

<h3>Gainers</h3>
<ul>
<li><strong>ACM Research</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACMR#NASDAQ">ACMR</a>) shares rose 41.0% to $30.72 during Wednesday's regular session. The market value of their outstanding shares is at $1.8 billion. The company's, Q4 earnings came out today. </li>
<li><strong>Movella Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVLA#NASDAQ">MVLA</a>) stock rose 32.66% to $0.33. The market value of their outstanding shares is at $16.7 million. </li>
<li><strong>MMTEC</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) shares rose 25.7% to $1.34. The company's market cap stands at $267.8 million. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) stock rose 22.42% to $15.56. The market value of their outstanding shares is at $216.4 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li><strong>DatChat</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) stock moved upwards by 18.7% to $1.84. The market value of their outstanding shares is at $4.5 million. </li>
<li><strong>CCSC Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares moved upwards by 15.8% to $3.15. The market value of their outstanding shares is at $35.8 million. The company's, H1 earnings came out 3 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>SMX (Security Matters)</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) stock fell 26.1% to $0.26 during Wednesday's regular session. The market value of their outstanding shares is at $6.3 million. </li>
<li><strong>Infobird Co</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IFBD#NASDAQ">IFBD</a>) stock declined by 19.21% to $1.03. The market value of their outstanding shares is at $11.0 million. </li>
<li><strong>AXT</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>) shares declined by 12.39% to $4.71. The company's market cap stands at $205.3 million. As per the news, the Q4 earnings report came out 4 days ago. </li>
<li><strong>XIAO-I</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) shares declined by 11.12% to $2.16. The company's market cap stands at $155.6 million. </li>
<li><strong>Formula Sys (1985)</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORTY#NASDAQ">FORTY</a>) stock fell 10.81% to $68.67. The company's market cap stands at $1.0 billion. </li>
<li><strong>Jamf Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAMF#NASDAQ">JAMF</a>) shares declined by 10.67% to $17.84. The market value of their outstanding shares is at $2.2 billion. As per the news, the Q4 earnings report came out yesterday.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Information Technology Stocks Moving In Wednesday's Intraday Session

Contracts

QuickLogic Signs 7-Figure eFPGA IP Contract For GlobalFoundries' 12LP Process

<h3>Gainers</h3>
<ul>
<li><strong>Presto Automation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares moved upwards by 32.3% to $0.75 during Wednesday's pre-market session. The company's market cap stands at $60.9 million. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) shares rose 20.29% to $15.29. The company's market cap stands at $212.6 million. As per the press release, Q4 earnings came out yesterday. </li>
<li><strong>ARB IOT Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) stock rose 17.49% to $1.88. The company's market cap stands at $49.7 million. </li>
<li><strong>Perfect</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PERF#NYSE">PERF</a>) shares rose 15.26% to $2.94. The market value of their outstanding shares is at $346.9 million. As per the press release, Q4 earnings came out today. </li>
<li><strong>Quantum</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares increased by 13.37% to $0.57. The market value of their outstanding shares is at $53.8 million. </li>
<li><strong>SMX (Security Matters)</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) stock rose 12.57% to $0.39. The company's market cap stands at $9.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>DoubleVerify Hldgs</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DV#NYSE">DV</a>) stock declined by 13.4% to $36.0 during Wednesday's pre-market session. The company's market cap stands at $6.1 billion. As per the news, the Q4 earnings report came out today. </li>
<li><strong>Jamf Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAMF#NASDAQ">JAMF</a>) shares fell 13.27% to $17.32. The market value of their outstanding shares is at $2.1 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li><strong>Bit Origin</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) shares fell 7.29% to $5.6. The company's market cap stands at $35.2 million. </li>
<li><strong>ASE Tech Holding Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASX#NYSE">ASX</a>) shares decreased by 6.25% to $9.0. The company's market cap stands at $19.4 billion. </li>
<li><strong>ReAlpha Tech Corp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) shares declined by 5.79% to $1.79. The market value of their outstanding shares is at $78.9 million. </li>
<li><strong>Inpixon</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INPX#NASDAQ">INPX</a>) stock fell 5.43% to $0.05. The company's market cap stands at $8.8 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

<p>Oppenheimer  analyst Martin Yang   reiterates QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) with a Outperform and raises the price target from $12 to $16.</p>


Price Target

Reiteration

Oppenheimer Reiterates Outperform on QuickLogic, Raises Price Target to $16

<p><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:05 PM.</p>
<p>Here's what investors need to know about the announcement.</p>
<h3>Earnings</h3>
<p>QuickLogic beat estimated earnings by 38.0%, reporting an EPS of $0.18 versus an estimate of $0.13.</p>
<p>Revenue was up $3.40 million from the same period last year.</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed on EPS by $0.01 which was followed by a 2.0% increase in the share price the next day.</p>
<p>Here's a look at QuickLogic's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.14</td>
<td>-0.02</td>
<td>-0.06</td>
<td>-0.05</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.13</td>
<td>-0.12</td>
<td>-0.04</td>
<td>-0.04</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>6.50M</td>
<td>5.00M</td>
<td>4.30M</td>
<td>4.33M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>6.67M</td>
<td>2.92M</td>
<td>4.13M</td>
<td>4.08M</td>
</tr>
</tbody>
</table>
</p>
<p>To track all earnings releases for QuickLogic <a href="https://www.benzinga.com/quote/QUIK/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Recap: QuickLogic Q4 Earnings

<p>QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.13 by 38.46 percent. This is a 550 percent increase over losses of $(0.04) per share from the same period last year.  The company reported quarterly sales of $7.48 million which beat the analyst consensus estimate of $7.40 million by 1.07 percent.  This is a 83.13 percent increase over sales of $4.08 million the same period last year.</p>


Earnings Beats

QuickLogic Q4 2023 Adj EPS $0.18 Beats $0.13 Estimate, Sales $7.48M Beat $7.40M Estimate

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Earnings Scheduled For February 27, 2024

<h3>Gainers</h3>
<ul>
<li><strong>AppFolio</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPF#NASDAQ">APPF</a>) stock moved upwards by 28.3% to $223.69 during Friday's regular session. The market value of their outstanding shares is at $7.9 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li><strong>Mawson Infra Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIGI#NASDAQ">MIGI</a>) shares rose 22.07% to $2.48. The market value of their outstanding shares is at $41.2 million. </li>
<li><strong>Synchronoss Technologies</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNCR#NASDAQ">SNCR</a>) shares rose 18.71% to $6.85. The market value of their outstanding shares is at $71.0 million. </li>
<li><strong>Cipher Mining</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) stock moved upwards by 18.06% to $2.79. The company's market cap stands at $716.2 million. </li>
<li><strong>Cyngn</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares rose 16.51% to $0.25. The company's market cap stands at $13.3 million. </li>
<li><strong>Soluna Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNHP#NASDAQ">SLNHP</a>) stock moved upwards by 16.06% to $3.54. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Mobilicom</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOB#NASDAQ">MOB</a>) shares declined by 24.0% to $1.39 during Friday's regular session. The market value of their outstanding shares is at $6.7 million. </li>
<li><strong>Ostin Technology Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares decreased by 20.88% to $0.47. The company's market cap stands at $6.6 million. </li>
<li><strong>Dave</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) shares decreased by 15.98% to $14.07. The market value of their outstanding shares is at $169.6 million. </li>
<li><strong>GSI Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) shares fell 13.29% to $1.92. The company's market cap stands at $48.3 million. As per the press release, Q3 earnings came out yesterday. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) shares fell 12.31% to $13.4. The company's market cap stands at $186.3 million. </li>
<li><strong>Intel</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) shares declined by 11.39% to $43.91. The company's market cap stands at $185.1 billion. The company's, Q4 earnings came out yesterday.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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CIFR

DAVE

GSIT

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

SLNHP

SNCR

12 Information Technology Stocks Moving In Friday's Intraday Session

<h3>Gainers</h3>
<ul>
<li><strong>MariaDB</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRDB#NYSE">MRDB</a>) shares moved upwards by 32.5% to $0.37 during Wednesday's regular session. The company's market cap stands at $25.1 million. </li>
<li><strong>MicroAlgo</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock increased by 20.83% to $2.03. The market value of their outstanding shares is at $89.0 million. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) stock moved upwards by 12.59% to $13.59. The market value of their outstanding shares is at $189.0 million. </li>
<li><strong>DatChat</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) stock increased by 10.27% to $1.93. The company's market cap stands at $4.0 million. </li>
<li><strong>Opera</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRA#NASDAQ">OPRA</a>) stock rose 9.69% to $11.99. The company's market cap stands at $1.0 billion. </li>
<li><strong>Strong Global</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGE#AMEX">SGE</a>) stock rose 8.86% to $1.46. The market value of their outstanding shares is at $11.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Blackboxstocks</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLBX#NASDAQ">BLBX</a>) shares fell 28.3% to $2.76 during Wednesday's regular session. The company's market cap stands at $8.8 million. </li>
<li><strong>Saverone 2014</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares decreased by 22.01% to $0.53. The market value of their outstanding shares is at $3.2 million. </li>
<li><strong>Glimpse Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRAR#NASDAQ">VRAR</a>) stock decreased by 19.72% to $1.14. The company's market cap stands at $19.0 million. </li>
<li><strong>EMCORE</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock fell 19.06% to $0.42. The company's market cap stands at $32.1 million. The company's, Q4 earnings came out yesterday. </li>
<li><strong>Intrusion</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) stock decreased by 16.24% to $0.2. The company's market cap stands at $6.8 million. </li>
<li><strong>SemiLEDs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) shares fell 13.8% to $1.5. The company's market cap stands at $7.4 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


BLBX

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<h3>Gainers</h3>
<ul>
<li><strong>Minim</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MINM#NASDAQ">MINM</a>) shares rose 572.4% to $6.12 during Thursday's regular session. The company's market cap stands at $11.6 million. </li>
<li><strong>SemiLEDs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) stock moved upwards by 22.0% to $1.33. The market value of their outstanding shares is at $6.5 million. </li>
<li><strong>Strong Global</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SGE#AMEX">SGE</a>) shares increased by 17.37% to $1.62. The company's market cap stands at $12.7 million. </li>
<li><strong>Powerbridge Technologies</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) shares increased by 15.74% to $0.81. The market value of their outstanding shares is at $3.7 million. </li>
<li><strong>Nortech Systems</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) shares rose 15.35% to $9.69. The company's market cap stands at $26.5 million. </li>
<li><strong>BIO-key Intl</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock increased by 14.84% to $0.2. The market value of their outstanding shares is at $2.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Nvni Group</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) shares declined by 14.5% to $2.0 during Thursday's regular session. The market value of their outstanding shares is at $55.4 million. </li>
<li><strong>Pure Storage</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) shares declined by 13.04% to $32.98. The company's market cap stands at $10.2 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li><strong>FOXO Technologies</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#AMEX">FOXO</a>) shares fell 11.91% to $0.28. The company's market cap stands at $1.7 million. </li>
<li><strong>SEALSQ</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares decreased by 11.15% to $1.1. The market value of their outstanding shares is at $9.9 million. </li>
<li><strong>Fastly</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>) shares declined by 10.03% to $16.7. The market value of their outstanding shares is at $2.1 billion. </li>
<li><strong>QuickLogic</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) shares decreased by 9.82% to $11.68. The company's market cap stands at $162.5 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


BKYI

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PSTG

12 Information Technology Stocks Moving In Thursday's Intraday Session

<p>QuickLogic Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>), a leading developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI/ML solutions, today announced that it has been selected by a leading global semiconductor company for an eFPGA IP targeting the UMC 22nm platform.</p>


QuickLogic Secures New eFPGA IP Contract on UMC's 22nm Process, Terms Undisclosed

QuickLogic Launched Version 2.4 Of Its Aurora eFPGA Development Tool Suite With Enhancements For Reconfigurable Computing

<p>Craig-Hallum  analyst Richard Shannon   maintains QuickLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUIK#NASDAQ">QUIK</a>) with a Buy and raises the price target from $11 to $13.</p>


Craig-Hallum Maintains Buy on QuickLogic, Raises Price Target to $13

Wednesday, February 28, 2024 - Quicklogic Corp (QUIK) reported upside earnings and revenues today.The consensus among analysts for Quicklogic Corp was for an earnings per share (EPS) of $0.13. The firm was able to surpass those projections, reporting an EPS of $0.18, a positive surprise of $0.05 (38%). Profits rose 550% ye

Quicklogic Corp Up 17.62% To $14.95 After Earnings Beat

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>You may be short-sighted if you think generative artificial intelligence is the best thing happening to <a href="https://investorplace.com/industries/technology/">technology stocks</a> this decade. There also are great opportunities right now in A-rated <a href="https://investorplace.com/industries/technology/quantum-computing/">quantum computing stocks</a>.</p>



<p>Quantum computing will surely change the computer industry as we know it. It will be the next great breakthrough in technology. Quantum computing uses computer hardware and algorithms to use quantum mechanics to solve problems that classic computers can&rsquo;t touch.</p>



<p>Simply put, classic computers operate on chips that use bits for computations. The bits can show either a value of zero or one and a combination of zeros and ones used to complete tasks in modern computers.</p>



<p>But quantum computers operate at subatomic particles, such as electrons or photons. Quantum bits allow these particles to exist in more than one state (zero or one) simultaneously, greatly increasing processing speeds.</p>



<p>Quantum hardware is relatively new (roughly three decades) but we&rsquo;re just now starting to see some inroads in everyday computing. According to a Zapata <a href="https://zapata.ai/wp-content/uploads/2023/02/Survey-2022_FINAL.pdf">survey</a>, more than two-thirds of companies with revenues of $250 million and computing budgets of at least $1 million are spending more than $1 million yearly to develop quantum computing applications.</p>



<p>The Portfolio Grader analyzed quantum computing stocks with the best fundamentals, earnings performance and momentum today. These are the best of the best A-rated quantum computing stocks to buy.</p>



<p>Here are seven that all get &ldquo;A&rdquo; ratings in the Portfolio Grader.</p>



<h2>International Business Machines (IBM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/IBM1600-300x169.jpg" alt="Quantum computing stocks: Sign of IBM with Canada Head Office Building in background in Markham, Ontario, Canada. IBM is an American multinational technology company."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p><strong>International Business Machines</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ibm-stock-quote/"><strong>IBM</strong></a>) is perhaps the most established of the quantum computing companies. </p>



<p>In 2016 it put the first quantum processor on the cloud, which made it possible for anyone to run experiments. In 2019, it launched the first circuit-based commercial quantum computer, the Quantum System One.</p>



<p>The innovations keep coming. Its first universal quantum computer with over 1,000 qubits rolled out in 2023, as well as new modular quantum processors.</p>



<p>In December it announced Quantum System Two, its first modular quantum computer that it <a href="https://newsroom.ibm.com/2023-12-04-IBM-Debuts-Next-Generation-Quantum-Processor-IBM-Quantum-System-Two,-Extends-Roadmap-to-Advance-Era-of-Quantum-Utility">calls</a> &ldquo;the cornerstone of IBM&rsquo;s quantum-centric supercomputing architecture.&rdquo;</p>



<p>IBM has deep pockets for this research, which will surely continue to pay off down the road. The company has a market cap of nearly $170 billion and more than $13 billion of cash on hand to pour into research. And the stock is doing well, up 42% in the last year on the strength of $17.4 billion in revenue in the fourth quarter, up 4% from a year ago.</p>



<p>IBM stock gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Microsoft (MSFT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/msft1600e-300x169.jpg" alt="The Microsoft (MSFT) logo on a corporate office building during the day time."><div>Source: The Art of Pics / Shutterstock.com</div></div><p><strong>Microsoft</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/msft-stock-quote/"><strong>MSFT</strong></a>) gets a lot of publicity and credit for its work in generative AI and its investment in OpenAI, the creator of ChatGPT. But its work with quantum computing is equally impressive.</p>



<p>Microsoft&rsquo;s Azure Quantum is a cloud service that allows users to build and refine quantum algorithms. It includes tools to accelerate scientific discovery, as well as to use natural language to work through chemistry and materials sciences problems.</p>



<p>Microsoft&rsquo;s advanced work with AI is notable when you consider the potential of quantum computing. As Forbes writes, &ldquo;Quantum computing, an entirely new way of processing information, when combined with AI, has the potential, without exaggeration, to bring about a new computing revolution. Transformation may be an understatement.&rdquo;</p>



<p>MSFT stock is up 60% in the last 12 months and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Nvidia (NVDA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/nvda-1600-300x169.png" alt="Closeup of mobile phone screen with logo lettering of nvidia corporation on computer keyboard. NVDA stock."><div>Source: Shutterstock</div></div><p><strong>Nvidia</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a>) already is staking its claim as the most influential stock of the decade. NVDA stock is up 238% in the last year as the company closes in on the $2 trillion mark in market capitalization.</p>



<p>While Nvidia is known for its powerful graphics processing units that make generative AI possible, the company also has its Cuda Quantum platform, a first-of-its-kind open-source platform that allows developers to integrate and program quantum processing units, GPUs, and central processing units (CPUs) into a single system.</p>



<p>It&rsquo;s impossible to ignore Nvidia&rsquo;s efforts in quantum computing when you consider its massive success in creating the technology to power generative AI. Nvidia&rsquo;s revenue in the fiscal fourth quarter was $22.1 billion, up 265% from a year ago, and the company brought in $60.9 billion in revenue for the full year.</p>



<h2>Advanced Micro Devices (AMD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/amd_stock1600-2-300x169.png" alt="Sign of AMD office in Markham, Ontario, Canada. Advanced Micro Devices, Inc. is an American multinational semiconductor company."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p><strong>Advanced Micro Devices</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/"><strong>AMD</strong></a>) is making some impressive gains this year up 20% so far in 2024 and 128% in the last 12 months as it finally starts competing with Nvidia in the generative AI market.</p>



<p>It partnered with the quantum computing company <strong>Riverlane</strong>, which is using AMD&rsquo;s Zinq UltraScale+ RFSoC as a <a href="https://www.amd.com/content/dam/amd/en/documents/resources/case-studies/riverlane-case-study.pdf">platform</a> to act as an interface between Riverlane&rsquo;s control software and the high-speed pulse lasers that are fired to control qubits.</p>



<p>AMD&rsquo;s <a href="https://d1io3yog0oux5.cloudfront.net/_6add71bc7b0ebb9e7ffa372fcc741448/amd/news/2024-01-30_AMD_Reports_Fourth_Quarter_and_Full_Year_2023_1180.pdf">revenue in the fourth quarter</a> was $6.16 billion, up 10% from a year ago. Net income jumped more than 3,000% to $667 million, and earnings per share rose from 1 cent a year ago to 41 cents per share in the most recent quarter.</p>



<p>AMD stock gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>QuickLogic (QUIK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600c-300x169.jpg" alt="AI. Circuit board. Technology background. Central Computer Processors CPU concept. Motherboard digital chip. Tech science background. Integrated communication processor. 3D illustration representing semiconductor stocks. Semiconductors Stocks to Sell"><div>Source: Shutterstock</div></div><p>Based in California, <strong>QuickLogic</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/quik-stock-quote/"><strong>QUIK</strong></a>) makes low-power, multi-core semiconductor platforms and hardware for industrial, aerospace, defense, edge and endpoint AI, consumer, and computing applications.</p>



<p>Its subsidiary, SensiML, also makes AI and machine learning software. The company&rsquo;s products are designed for mobile devices, such as those used by medical professionals, industrial workers and consumers.</p>



<p>The company also partners with <strong>Xiphera</strong>, which makes hardware-based cryptographic security products. Xiphera&rsquo;s is implementing its xQlave quantum-secure cryptographic IP cores on QuickLogic&rsquo;s eFPGA architecture.</p>



<p>The companies say the partnership will help keep products secure from quantum threats, which it says is the next step ahead in cybersecurity.</p>



<p>QUIK stock is up 123% in the last 12 months and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Broadcom (AVGO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/AVGO1600-300x169.jpg" alt="broadcom (AVGO) logo outside office building"><div>Source: Sasima / Shutterstock.com</div></div><p><strong>Broadcom</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/avgo-stock-quote/"><strong>AVGO</strong></a>) makes semiconductors for data centers, networking, software, storage, wireless and industrial applications.</p>



<p>As a semiconductor manufacturer, Broadcom needs to be at the cutting edge of quantum computing research. That&rsquo;s one of the reasons why it teamed up with the California Institute of Technology in a multi-year <a href="https://www.caltech.edu/about/news/caltech-and-broadcom-announce-quantum-research-and-development-partnership?utm_medium=social-organic&amp;utm_campaign=institute-news&amp;utm_source=linkedin&amp;utm_content=&amp;utm_term=">partnership</a> to conduct quantum science research.</p>



<p>The Broadcom Quantum Laboratory at Caltech will support collaboration in quantum computing, sensing, measurement and engineering, and is scheduled to open next year.</p>



<p>Broadcom&rsquo;s revenue in the fourth quarter was $9.25 billion, up 4% from a year ago. Net income was $3.52 billion and $8.25 per share, up from $3.35 billion and $7.83 per share a year ago.</p>



<p>AVGO stock is up 110% in the last year and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Super Micro Computer (SMCI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/02/smci1600-300x169.png" alt="In this photo illustration, the Super Micro Computer, Inc. (SMCI) logo seen displayed on a smartphone screen"><div>Source: rafapress / Shutterstock.com</div></div><p><strong>Super Micro Computer</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/smci-stock-quote/"><strong>SMCI</strong></a>) has been on an amazing run in the last year. Its investments in quantum computing will help ensure that the company will continue to prosper as research and development of quantum computing continues to grow.</p>



<p>Supermicro works closely with chip manufacturers like AMD and Nvidia to design architecture, such as server racks and storage clusters, that will be important for companies building quantum computing products.</p>



<p>Its products include AI traThe company is supporting Nvidia&rsquo;s HGX H200 8-GPUs systems to help it train larger language models in less time. &nbsp;It has more than 1,000 customers for its high-end servers that are helping to make machine learning, AI and quantum computing possible.</p>



<p>SMCI stock is up 750% in the last year, including nearly 200% in the first two months of 2024. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<p><em>On the date of publication, Louis Navellier had a long position</em>&nbsp;in&nbsp;<em>MSFT, NVDA and SCMI. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article.</em></p>



<p><em>The InvestorPlace Research Staff member primarily responsible for this article had a long position in NVDA. The staff member did not hold (either directly or indirectly) any other positions in the securities mentioned in this article.</em></p>
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<p>The post <a href="https://investorplace.com/market360/2024/02/7-a-rated-quantum-computing-stocks-to-buy-before-q1-ends/">7 A-Rated Quantum Computing Stocks to Buy Before Q1 Ends</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 A-Rated Quantum Computing Stocks to Buy Before Q1 Ends

QuickLogic and Zero-Error Systems enter partnership

The 65 rating InvestorsObserver gives to QuickLogic Corp (QUIK)  stock puts it near the top of the Semiconductors industry. In addition to scoring higher than 97 percent of stocks in the Semiconductors industry, QUIKâ€&#x2122;s 65 overall rating means the stock scores better than 65 percent of all stocks. QUIK has an Overall Score

Should You Hold QuickLogic Corp (QUIK) in Semiconductors Industry?

Overall market sentiment has been high on QuickLogic Corp (QUIK)  stock lately. QUIK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator. QuickLogic Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on QUIK!See Full QUIK ReportWhat is Stock Sentim

Is QuickLogic Corp (QUIK) a Stock to Watch After Losing -3.68% This Week?

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<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The world is a different, and better, place because of semiconductors. These little devices have become vital to everyday life in the 21st century. That&rsquo;s why it&rsquo;s a good idea to consider <a href="https://investorplace.com/industries/technology/semiconductor/">semiconductor stocks</a> to buy in April.</p>



<p>Semiconductors are tiny but powerful. They play an important role in powering smartphones, laptop computers, vehicles, and medical equipment. Semiconductors are responsible for the sophisticated electronic equipment that we use every day.</p>



<p>Semiconductors are also becoming more powerful, allowing companies to develop applications that use artificial intelligence, machine learning, and the Internet of Things. Generative AI has become one of the biggest growth drivers for tech companies over the last year, making its advances possible by semiconductors.</p>



<p>We&rsquo;re using the Portfolio Grader today to look for A-rated and B-rated semiconductor stocks that you can buy in April to capitalize on this trend. The names on this list stand out because of their growth, earnings performance and momentum.</p>



<p>They represent the best opportunities for anyone looking for semiconductor stocks to buy in April, and to capitalize on the backbone of the digital revolution.</p>



<h2>Nvidia (NVDA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/08/nvda1600-5-300x169.png" alt="Nvidia corporation (NVDA) logo displayed on smartphone with stock market chart background. Nvidia is a global leader in artificial intelligence hardware."><div>Source: Evolf / Shutterstock.com</div></div><p>Any examination of the best semiconductor stocks to buy in April has to start with <strong>Nvidia</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a>). The company&rsquo;s stock rocketed 239% higher in 2023 and is well on its way to matching that gain in 2024.</p>



<p>Nvidia is dominating the market because of its enormous position in generative AI. It manufactures roughly 90% of the most powerful graphics processing units used in generative AI applications.</p>



<p>And now its rolling out its <a href="https://nvidianews.nvidia.com/news/nvidia-blackwell-platform-arrives-to-power-a-new-era-of-computing">Blackwell GPUs</a>, which will allow organizations to run real-time generative AI with trillion-parameter large language models at 25 times less cost and energy consumption.</p>



<p>Look for the biggest tech companies in the world to incorporate the Blackwell chip into their designs, and for profits to continue to flow for Nvidia. NVDA stock is up 73% so far in 2024 and gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<h2>Broadcom (AVGO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/AVGO1600-300x169.jpg" alt="broadcom (AVGO) logo outside office building"><div>Source: Sasima / Shutterstock.com</div></div><p>Semiconductor manufacturer <strong>Broadcom</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/avgo-stock-quote/"><strong>AVGO</strong></a>) makes chips used in data centers, networking, software, storage, wireless and industrial applications. </p>



<p>Broadcom products power Ethernet switching and routing silicon products, controllers and transceivers.</p>



<p>Perhaps the most exciting thing for Broadcom, however, is its acquisition of VMware, which allows it to capitalize on VMware&rsquo;s hybrid cloud platform. The platform provides large corporate customers with the power of a cloud network with on-premise data centers, and uses Nvidia GPUs to allow its customers to run AI models on-site.</p>



<p>While Broadcom has a heavy reliance on mobile chip customers, I like the moves it is making to expand into infrastructure software. Broadcom expects roughly half of its revenue to be from this category in 2024, and I wouldn&rsquo;t be surprised if it&rsquo;s the biggest growth opportunity for AVGO moving forward.</p>



<p>AVGO stock is up 18% in 2024 and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Advanced Micro Devices (AMD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/amd_stock1600-2-300x169.png" alt="Sign of AMD office in Markham, Ontario, Canada. Advanced Micro Devices, Inc. is an American multinational semiconductor company."><div>Source: JHVEPhoto / Shutterstock.com</div></div><p><strong>Advanced Micro Devices</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/"><strong>AMD</strong></a>) has long been a top competitor to Nvidia, but it was left behind by Nvidia&rsquo;s massive gains in 2023.</p>



<p>And AMD faced a fresh challenge in recent weeks when it was announced that China plans to phase out the use of AMD chips in its government PCs and servers. That helped push AMD stock from more than $200 per share just a month ago to around $165 today.</p>



<p>But I think there are brighter days ahead, and the bull thesis continues to hold for AMD. AMD&rsquo;s Mi300 GPU accelerator is expected to generate $3.5 billion in revenue this year as an alternative to NVDA chips.</p>



<p>AMD also has a huge opportunity to provide AI-PC chips for AI-compatible central processing units for the personal computer market.</p>



<p>AMD reported fourth-quarter revenue of $6.1 billion, up 10% from a year ago. Earnings were $667 million and 41 cents per share, an improvement from $21 million and 1 cent per share in the same quarter of 2022.</p>



<p>AMD stock is attractive here on the dip. It gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Taiwan Semiconductor Manufacturing (TSM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/03/tsm-stock-1-300x169.jpg" alt="image of TSM semiconductor office building"><div>Source: Sundry Photography / Shutterstock.com</div></div><p>Whether you think it&rsquo;s Nvidia, AMD or another company that will be the dominant force in providing Big Tech with the best semiconductors, it remains a smart bet to invest in <strong>Taiwan Semiconductor Manufacturing</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/tsm-stock-quote/"><strong>TSM</strong></a>).</p>



<p>The company, commonly known as TSMC, is the biggest chip manufacturer in the world, responsible for more than half of all contract chip manufacturing. And when it comes to making the most powerful chips on the planet, TSMC has roughly a 90% market share.</p>



<p>Nvidia, AMD and Broadcom all rely on TSMC to make their semiconductors. So, if you are betting on any or all of those companies, you&rsquo;re also banking on TSMC to realize profits.</p>



<p>TSMC <a href="https://investor.tsmc.com/english/encrypt/files/encrypt_file/reports/2024-01/b65d7a92d8dc9da3f66817946d941401fa4b2cda/4Q23EarningsRelease.pdf">issued guidance</a> for first-quarter revenue between $18 billion and $18.8 billion, with strong demand for high-performing chips. If it can top those numbers when it issues its report, you can expect TSM stock to jump.</p>



<p>TSM is up 34% so far in 2024 and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Micron Technology (MU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/mu1600f-300x169.jpg" alt="Micron (MU) logo on a mobile phone that's on a table"><div>Source: Piotr Swat / Shutterstock.com</div></div><p><strong>Micron Technology</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/mu-stock-quote/"><strong>MU</strong></a>) is a semiconductor manufacturing company headquartered in Boise, Idaho. The company makes products for memory and storage technologies, including DRAM, NAND and NOR technology.</p>



<p>DRAM chips are used in every computing system, and AI systems require a lot of high-speed DRAM capacity. &ldquo;We believe Micron is one of the biggest beneficiaries in the semiconductor industry of the multi-year opportunity enabled by AI,&rdquo; CEO Sanjay Mehrotra said.</p>



<p>Micron posted its biggest sales gain in 12 years after posting guidance for the fiscal third quarter of $6.4 billion to $6.8 billion, far exceeding analysts&rsquo; consensus estimates for $5.99 billion. That comes on the heels of Micron reporting fiscal Q2 revenue of $5.82 billion, an increase from $3.69 billion just a year ago. Income of $476 million and 42 cents per share improved from a loss of&nbsp; $2.08 billion and $1.91 per share in fiscal Q2 2023.</p>



<p>MU stock is up 45% in 2024 and gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>Photronics (PLAB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/shutterstock_2043923687-300x169.jpg" alt="PLAB stock: Electronic board, pen, processor on the background of schematic circuit diagram and photomask for manufacture of printed circuit boards."><div>Source: Mentor57 / Shutterstock</div></div><p><strong>Photronics</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/plab-stock-quote/"><strong>PLAB</strong></a>) is another way to play the semiconductor space without investing in an actual semiconductor manufacturer. Instead, you can invest in a company that makes products that work with semiconductors.</p>



<p>That&rsquo;s where we get with Photronics, a Connecticut company that makes semiconductor photomasks. These are opaque plates with transparent areas that allow light to shine through in specific patterns on semiconductors.</p>



<p>The market for semiconductor photomasks is estimated at $4 billion. Photronics earned $892.1 million in revenue for 2023 and $216.3 million for the first fiscal quarter of 2024, so there&rsquo;s plenty of runway for this company.</p>



<p>PLAB stock is down 11% so far in 2024 but registered a 77% gain in the last 12 months. It gets a &ldquo;B&rdquo; rating in the Portfolio Grader.</p>



<h2>QuickLogic (QUIK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600a-300x169.jpg" alt="Close-up Presentation of a New Generation Microchip. Gloved Hand Holding Piece of Technological Wonder. Semiconductor stocks are in the news."><div>Source: Shutterstock</div></div><p><strong>QuickLogic</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/quik-stock-quote/"><strong>QUIK</strong></a>) makes low-power, multi-core semiconductor platforms and software. Its products are used in industrial, aerospace, defense, consumer, computing and AI applications.</p>



<p>QuickLogic also has an interesting subsidiary, SensiML, which makes AI and machine learning software. Its products are used in mobile devices used by medical professionals and industrial workers.</p>



<p>The company is growing fast. <a href="https://ir.quicklogic.com/press-releases/detail/687/quicklogic-reports-record-fourth-quarter-net-income-and">Fourth-quarter revenue</a> was $7.47 million, up from $4.08 million in the same period last year. The company posted a profit of $2.04 million and 15 cents per share a year after losing $1.23 million and 9 cents per share.</p>



<p>QUIK stock is up 7% this year and 149% in the last 12 months. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader.</p>



<p><em>On the date of publication, Louis Navellier and InvestorPlace Research Staff member primarily responsible for this article had long positions&nbsp;in&nbsp;NVDA. They did not have (either directly or indirectly) any other positions in the securities mentioned in this article.</em></p>
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<p>The post <a href="https://investorplace.com/market360/2024/04/7-standout-semiconductor-stocks-to-buy-in-april/">7 Standout Semiconductor Stocks to Buy in April</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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