SEALSQ Announces Intention To Establish 'Open Semiconductors Assembly And Test' Center In The U.S.
Portfolio Pulse from Benzinga Newsdesk
SEALSQ Corp (NASDAQ:LAES) announced plans to establish an Open Semiconductors Assembly and Test Center in the US, focusing on semiconductor technology, post-quantum cryptography, and AI. The initiative aims to enhance supply chain resilience and security, supported by the CHIPS Act in the US and the EU Chips Act. The US-based center will integrate quantum-resistant cryptographic capabilities into semiconductor architectures, offering protection against quantum computing threats.

February 06, 2024 | 1:45 pm
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SEALSQ Corp plans to open a US-based Open Semiconductors Assembly and Test Center, focusing on cutting-edge semiconductor technology and quantum-resistant cryptography.
The establishment of the US-based OSAT Center by SEALSQ Corp is likely to be viewed positively by investors and the market due to its strategic importance in enhancing semiconductor supply chain resilience and security. The focus on post-quantum cryptography and AI within semiconductor technology positions SEALSQ at the forefront of addressing emerging quantum computing threats. This initiative, supported by significant legislative measures like the CHIPS Act in the US and the EU Chips Act, underscores the critical nature of the project and its potential to secure a competitive advantage in the semiconductor industry. The announcement could lead to increased investor confidence in SEALSQ's future growth and innovation capabilities, potentially driving up the stock price in the short term.
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