Alpha And Omega - AOSL STOCK NEWS

Alpha and Omega Semiconductor (AOSL) has launched two advanced protection switches: the AOZ13937DI Type C sink and AOZ15333DI Type C source, enhancing USB Type-C power delivery capabilities up to 140W. The AOZ13937DI targets 28V Type C sinking applications while the AOZ15333DI serves Type C sourcing applications, suitable for high-performance laptops and monitors. Both switches bring safety features including overvoltage, short-circuit, and over-temperature protections. The switches are available at $0.84 and $1.10 for 1,000-piece quantities, respectively, with a lead-time of 16 weeks.

Alpha and Omega Semiconductor Limited (AOSL) has announced that it does not have any cash deposits or securities held at Silicon Valley Bank. This disclosure comes amid concerns regarding the financial stability of the bank, which has faced recent scrutiny. AOSL emphasizes its focus on developing power semiconductors and integrating advanced technology into its high-performance management solutions, targeting applications in various sectors including computing, consumer electronics, and industrial controls. The company continues to maintain a strong position in the semiconductor market.

Alpha and Omega Semiconductor (AOSL) is showcasing its innovative 650V and 750V SiC MOSFET platform at the Applied Power Electronics Conference (APEC), happening from March 20-22, 2023 in Orlando, FL. These products target enhanced switching performance in automotive and industrial applications. The exhibit will also feature advanced power management solutions, including high voltage Super Junction MOSFETs, Hot Swap MOSFETs, and new silicon carbide MOSFETs that are AEC-Q100 automotive qualified with RDS(ON) ranging from 15mohm to 500mohm. For more details, visit www.aosmd.com.

Alpha and Omega Semiconductor (AOSL) announces the launch of the AOZ7203AV, an advanced self-powered dual driver IC designed to enhance efficiency and lower standby power consumption in high-power AC-DC adapters and power supplies. Suitable for high-end laptops, TVs, and desktops, this device boasts features such as high voltage withstand, a wide operating temperature range, and reduced rectifier losses by up to 50%. Priced at $1.68 in quantities of 1,000, the product is available now with a 14-week lead time. The AOZ7203AV's capabilities support the growing demand for efficient power solutions in gaming and computing technologies.

Alpha and Omega Semiconductor (AOSL) has announced a new licensing agreement with a leading automotive power semiconductor supplier. This agreement includes AOS’s Silicon Carbide (SiC) MOSFET and diode technology, along with engineering support. SiC technology is pivotal for developing more efficient electric vehicle (EV) powertrains and charging systems, aiming to tap into a projected $6 billion total addressable market by 2027. The agreement is expected to enhance product market entry and provide customers with a geographically diverse supply chain, thereby reducing risks.

Alpha and Omega Semiconductor Limited (AOSL) reported Q2 2023 financial results, revealing a revenue drop to $188.8 million, down 9.5% from Q1 2023 and 2.4% from Q2 2022. GAAP gross margin fell to 28.1%, while operating income decreased to $8.8 million. Net income attributable to AOS was $6.3 million, translating to $0.21 per diluted share. AOSL's cash flow from operations significantly declined to $0.3 million. CEO Dr. Mike Chang noted challenges due to industry-wide inventory corrections and decreased customer demand but expressed confidence in long-term fundamentals and growth prospects, aiming for a recovery in Q2 2023 and a $1 billion annual revenue target.

Alpha and Omega Semiconductor Limited (AOSL) will release its financial results for the fiscal 2023 second quarter, ending December 31, 2022, on February 6, 2023, after market close. Following the release, a public conference call is scheduled for 2:00 PM PT / 5:00 PM ET to discuss the results and other business matters. Investors can join the call by dialing +1 (844) 200-6205 (US) or +1 (929) 526-1599 (international). Access to the live webcast will be available on the company's investor relations website.

Alpha and Omega Semiconductor Limited (AOSL) will participate in the 25th Annual Needham Growth Conference on January 11, 2023, at the Lotte New York Palace Hotel in New York, NY. Company management will also be available for one-on-one meetings with institutional investors. Interested portfolio managers and analysts should contact their Needham institutional sales representatives to request meetings. AOSL specializes in a broad range of power semiconductors, providing innovative power management solutions for various high-volume applications.

AOSL announces a leadership change effective March 1, 2023, with Dr. Mike Chang transitioning to Executive Chairman and Mr. Stephen Chang becoming CEO. Dr. Chang, a founder with over 22 years of leadership, will focus on strategic relationships and technology development as Executive Chairman. Mr. Stephen Chang, previously President, will oversee all business operations and maintain strategies that have driven recent success, including the goal to exceed $1 billion in annual revenues. The Board supports this transition, citing Mr. Chang's proven track record.