Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,060 full-time employees. The company went IPO on 2020-10-29. The firm is a global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific power ICs, enabling the important emerging technologies in the automotive and industrial markets. Its sensor ICs enable its customers to measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode (LED) driver ICs and isolated gate drivers. Its product portfolio includes over 1,500 products across a range of high-performance analog mixed-signal semiconductors. The firm also offers tunneling magnetoresistance (TMR) sensor solutions that provide the highest magnetic sensitivity, lowest power consumption, and the smallest size by comparison to other magnetic technologies.
Follow-Up Questions
What is the price performance of ALGM stock?
The current price of ALGM is $27.44, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Allegro Microsystems Inc?
Allegro Microsystems Inc belongs to Semiconductors industry and the sector is Information Technology
What is Allegro Microsystems Inc market cap?
Allegro Microsystems Inc's current market cap is $5.0B
Is Allegro Microsystems Inc a buy, sell, or hold?
According to wall street analysts, 14 analysts have made analyst ratings for Allegro Microsystems Inc, including 5 strong buy, 11 buy, 2 hold, 0 sell, and 5 strong sell
