QuickLogic (QUIK) Announces New $2.7M Discrete FPGA Contract

2 days ago 4

Maham Fatima

Mon, May 18, 2026 astatine 9:39 AM CDT 1 min read

QuickLogic Corp. (NASDAQ:QUIK) is 1 of the best performing semiconductor stocks truthful acold successful 2026. On May 13, QuickLogic Corporation announced a caller discrete FPGA declaration with a ceiling worth of $2.7 million. Revenue designation for the statement is scheduled to statesman successful Q2 2026 and volition widen done Q1 2027.

Under the scope of the contract, QuickLogic volition plan and portion retired FPGA trial chips utilizing the GlobalFoundries 12LP fabrication process. The tape-out is slated for 2026, and the resulting trial chips volition beryllium integrated into a caller valuation kit scheduled for merchandise successful precocious 2026.

The upcoming valuation kit volition diagnostic compatibility with modular third-party improvement environments, allowing some commercialized and Defense Industrial Base/DIB customers to trim costs and accelerate plan timelines. Moving forward, QuickLogic Corp. (NASDAQ:QUIK) is besides exploring plans to leverage this discrete FPGA arsenic a chiplet for storefront devices to brace with third-party microcontrollers.

Deutsche Bank Raises its Price Target connected  Lam Research (LRCX) to $300

Deutsche Bank Raises its Price Target connected Lam Research (LRCX) to $300

QuickLogic Corp. (NASDAQ:QUIK) is simply a fabless semiconductor institution specializing successful customizable, low-power programmable logic solutions, including eFPGA Hard IP and radiation-hardened FPGAs. The institution combines precocious exertion with open-source tools to service the aerospace, defense, industrial, computing, and user markets.

While we admit the imaginable of QUIIK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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