By Iain Gilbert
Date: Monday 03 Apr 2023
LONDON (ShareCast) - (Sharecast News) - Chip maker EnSilica has secured a contract with an existing European-based customer for approximately $2.4m.
EnSilica said on Monday that its most recent award, with "a longstanding" customer, followed a period of "strong new business momentum" over the last four months, with contracts announced and others secured since 30 November coming to a total of roughly $13.5m.
The AIM-listed group added that the contract, the third secured with the mystery customer, was to develop a TSMC 12nm FinFET ASIC using multiple high-speed Ethernet network interfaces, with revenue spanning the current and next financial year.
Chief executive Ian Lankshear said: "We are delighted to have been awarded this further contract with a valued EnSilica customer; strengthening our ongoing association with them and demonstrating their continuing confidence in our design and delivery capabilities."
As of 0750 BST, EnSilica shares were up 3.96% at 74.85p.
Reporting by Iain Gilbert at Sharecast.com
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Currency | UK Pounds |
Share Price | 55.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 75.50 |
52 Week Low | 30.50 |
Volume | 62,496 |
Shares Issued | 85.05m |
Market Cap | £46.77m |
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Time | Volume / Share Price |
15:35 | 7,135 @ 55.98p |
13:51 | 439 @ 55.98p |
12:40 | 17,864 @ 55.95p |
13:19 | 4,034 @ 54.38p |
12:03 | 19,071 @ 54.38p |
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