ALGM
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+1.73%
Today
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Information
Name
Allegro Microsystems
Currency
USD
Market Cap
6.28B
Avg Daily Volume
2.65M
52 Week High
71.77 USD
52 Week Low
22.41 USD
Trading Hours
See hours
Business Summary
Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for sensing, motion control, and power management functions of complex electromechanical or power conversion systems. Its products include magnetic sensor ICs, such as position, speed, and electric current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. The company serves automotive and industrial markets, including advanced industrial markets such as AI data centers, robotics, and energy infrastructure sectors. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.
Top News
Allegro.Micro
-5.85%
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Allegro MicroSystems, Entegris, Photronics, and Amtech shares skyrocket, what you need to know
tradingview.com
20h ago
Allegro.Micro
-5.85%
Weekly Recap: Q2 results beat estimates and AI data center product debut
tradingview.com
2d ago
Allegro.Micro
-5.85%
ALGM Q3 deep dive: demand momentum, design wins, and capacity constraints shape outlook
finance.yahoo.com
3d ago
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Frequently Asked Questions
Why are semiconductor stocks considered a vital part of tech portfolios?
Semiconductors power most modern technologies, making them essential for tech growth and innovation.
Which semiconductor stock is best?
NVIDIA is currently considered the best semiconductor stock for growth, while TSMC and Broadcom offer strong stability and income potential.
What factors influence the price of semiconductor stocks?
Prices are influenced by supply and demand, innovation, global demand, and geopolitical issues.
Is it worth investing in semiconductors?
Semiconductors enable virtually all modern technologies; including medical devices, communications, defense applications, AI, advanced transportation and others, and the long-term industry outlook is incredibly strong.
