Streetbeat News

LAES

SEALSQ Corp

https://www.sealsq.com

Industry

Semiconductors

SEALSQ Corp develops and sells semiconductor chips for private and public sectors. The company offers semiconductors and smart card reader chips; identity provisioning services; and managed PKI for IoT solutions. It serves consumer electronics, aerospace and military, satellite and telecommunications, smart energy and smart building, smart industries, logistics, medical, and consumer industries. SEALSQ Corp was incorporated in 2022 and is based in Cointrin, Switzerland. SEALSQ Corp is a subsidiary of WISeKey International Holding AG.

Open

2.86

Mkt cap

347M

Volume

24M

High

3.35

P/E Ratio

-6.38

52-wk high

11.00

Low

2.85

Div yield

N/A

52-wk low

0.29

SEALSQ (NASDAQ:LAES) reported a significant decline in its financial performance for the first half of the year, with EPS dropping from $(0.06) to $(0.37) and sales falling from $14.75 million to $4.83 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:07 pm

SEALSQ is planning to enhance its Public Key Infrastructure (PKI) offerings by integrating post-quantum cryptography and semiconductors. This move aims to ensure future-proof security solutions.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:22 pm

Semiconductor stocks are experiencing a decline in share prices due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:14 pm

Semiconductor and chip stocks are experiencing a downturn. SMCI's shares are falling due to a short report and a delay in its 10-K filing. NVIDIA is set to release its quarterly earnings after market close.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:53 pm

SEALSQ is integrating its QS7001 quantum-resistant platform into the next generation of WISeSat satellites, with a prototype launch planned for November 2024. This integration aims to enhance space performance and secure communications.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:02 pm

SEALSQ has introduced advanced features for its digital crypto wallet to safeguard against threats from quantum computing. This development is crucial as quantum computing poses potential risks to digital security.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 11:16 am

SEALSQ shares rose following the company's announcement of using ultra-secure data centers in Switzerland to enhance data storage and processing capabilities for its sensors and semiconductors.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:09 pm

SEALSQ is enhancing IoT data security by using ultra-secure Swiss data centers and AI-driven techniques for optimized operations and decision-making. This aligns with Switzerland's Digital Sovereignty Initiative.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:05 pm

SEALSQ Corp (NASDAQ:LAES) is strengthening its position in the Autonomous Aerial Vehicles market through key partnerships with major drone manufacturers. Their semiconductors, compliant with NIST FIPS 140-2 and 140-3, are being adopted for secure data transmission and cyber threat protection.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:32 pm

SEALSQ shares are experiencing an upward trend following the announcement of their new QS7001 chip.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 6:46 pm

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