Allegro MicroSystems Introduces High-Bandwidth Current Sensors Incorporating XtremeSense™ TMR Technology
Allegro MicroSystems, Inc. (ALGM)
Company Research
Source: GlobeNewswire
MANCHESTER, N.H., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient systems, announced today two new XtremeSense™?TMR sensors that streamline high power density designs, provide space and cost savings while improving energy efficiency. Allegro’s latest solutions, CT455 and CT456, offer high-bandwidth and low noise that enable precise current measurements for AI data center and automotive powertrain applications. Today’s prevalent market applications use current sensor modules that are bulky, intrusive and inefficient. As a result, these solutions often lack desired accuracy and resolution, and are prone to potential system failures. These issues can create major design complexities for engineers that often lead to increased cost and longer production time. Allegro’s new current sensors, using XtremeSense TMR
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News
- Allegro MicroSystems, Inc. (NASDAQ: ALGM) is now covered by analysts at Morgan Stanley. They set an "equal weight" rating and a $21.00 price target on the stock.MarketBeat
- ‘Load Up,' Says UBS About These 2 ‘Strong Buy' Stocks [Yahoo! Finance]Yahoo! Finance
- Allegro MicroSystems Unveils Innovative Power Products for a More Energy Efficient FutureGlobeNewswire
- Allegro MicroSystems, Inc. (NASDAQ:ALGM) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates [Yahoo! Finance]Yahoo! Finance
- Allegro MicroSystems, Inc. (NASDAQ: ALGM) had its price target lowered by analysts at Barclays PLC from $32.00 to $25.00. They now have an "overweight" rating on the stock.MarketBeat
ALGM
Earnings
- 10/31/24 - Beat
ALGM
Sec Filings
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- 11/4/24 - Form SC
- ALGM's page on the SEC website