NVE Corp. engages in the development and sale of devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company is headquartered in Eden Prairie, Minnesota and currently employs 46 full-time employees. The firm manufactures spintronic products, including sensors and couplers that are used to acquire and transmit data. The firm has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Its parts are primarily used in industrial, scientific, and medical applications, as well as the Industrial Internet of things. The firm's products include sensors, couplers, DC-to-DC Convertors and MRAM products. Its sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed. Its spintronic couplers combine a giant magnetoresistance (GMR) sensor element and a microscopic coil. MRAM uses spintronics to store data. Its isolated direct current (DC)-to-DC convertors transfer energy between systems without direct electrical connections.
Follow-Up Questions
What is NVE Corp (NVEC)'s P/E Ratio?
The P/E ratio of NVE Corp is 21.1924
Who is the CEO of NVE Corp?
Dr. Daniel Baker is the President of NVE Corp, joining the firm since 2001.
What is the price performance of NVEC stock?
The current price of NVEC is $66.46, it has decreased 0.85% in the last trading day.
What are the primary business themes or industries for NVE Corp?
NVE Corp belongs to Semiconductors industry and the sector is Information Technology
