Movement Alert｜Allegro MicroSystems Rises 8.11% in After-Hours Trading, Launches Industrys First Safety PMIC with Integrated Wheel-Speed Sensor Interface

Market Focus

Jul 07

On July 7, Allegro MicroSystems rose 8.11% in after-hours trading, trading at $61.13/share, with turnover of $870,900.

On the news front, the company officially launched the A81415 — the industry's first ASIL-D certified power management IC integrating a wheel-speed sensor interface, specifically designed for next-generation electromechanical brake-by-wire systems. The single-chip solution pairs Allegro's sensing leadership with a complete ASIL-D safety PMIC architecture, eliminating up to nine discrete components from traditional brake system designs.

Allegro MicroSystems is a global leader in sensor ICs and application-specific power ICs, primarily serving the automotive and industrial markets including AI data centers, robotics, and energy infrastructure. The company is the world's leading magnetic sensor IC supplier by market share, with a portfolio of over 1,500 products. It is a subsidiary of Sanken Electric Co., Ltd. and is headquartered in Manchester, New Hampshire.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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