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Transphorm, Inc. - TGAN STOCK NEWS

Welcome to our dedicated page for Transphorm news (Ticker: TGAN), a resource for investors and traders seeking the latest updates and insights on Transphorm stock.

Transphorm, Inc. (NASDAQ: TGAN) is a pioneering semiconductor company specializing in the development of gallium nitride (GaN) transistors and modules tailored for high-voltage power conversion applications. Leveraging an industry-leading intellectual property portfolio and over 300 years of combined GaN engineering expertise, Transphorm stands at the forefront of innovation in the semiconductor industry.

At its core, Transphorm is dedicated to delivering the highest performance and reliability in GaN devices. Its cutting-edge products aim to revolutionize power conversion, moving beyond the limitations of traditional silicon-based systems to substantially reduce energy losses—up to 90% compared to existing solutions. The company’s vertically integrated business model encompasses every stage of development, from design and fabrication to application support. This comprehensive approach ensures unmatched innovation and quality control.

Transphorm's portfolio includes JEDEC and AEC-Q101-qualified GaN FETs, recognized for their exceptional reliability and performance. The company boasts the industry's only fully-qualified 650V GaN devices, rigorously tested beyond standard JEDEC requirements to ensure long-term reliability. This commitment to quality has positioned Transphorm as a trusted partner for a growing customer base seeking best-in-class, application-driven design support.

Recent achievements highlight Transphorm's role as a market leader in GaN technology. The company continues to expand its product offerings and forge strategic partnerships, further solidifying its position in the semiconductor landscape. With a focus on reducing energy consumption and driving technological advancements, Transphorm is poised to make significant contributions to various industries, from consumer electronics to automotive and industrial sectors.

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Transphorm, Inc. (NASDAQ:TGAN), a leader in gallium nitride (GaN) power conversion, will participate in three investor conferences in August 2022. The events include the Canaccord Genuity Growth Conference in Boston from August 8-11, featuring President Primit Parikh's presentation on August 10 at 9:30 AM EST, the Oppenheimer Technology Conference from August 9-11, with CFO Cameron McAulay presenting on August 10 at 2:05 PM EST, and the Jefferies Semiconductor Conference in Chicago on August 30-31. One-on-one meetings can be scheduled via KCSA Strategic Communications.

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Transphorm, Inc. (NASDAQ: TGAN) announced its collaboration with Phihong to launch a new 65W USB PD adapter, leveraging Transphorm’s SuperGaN® Gen IV technology. This adapter supports charging three devices simultaneously and boasts a compact design, yielding a 17% reduction in power loss compared to silicon alternatives. The global AC-to-DC adapter market is projected to reach $1.854 billion by 2026, with a CAGR of 12.7%. Transphorm’s innovative FETs are gaining traction with ODMs in Asia and a major Fortune 100 company, highlighting its growing market presence.

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Transphorm, Inc. (NASDAQ: TGAN) has launched the TP65H050G4BS, a new 650V SuperGaN FET designed for high power systems in data centers and industrial applications. This surface mount device (SMD) features a low on-resistance of 50 milliohms, enhancing thermal performance and efficiency in PCB assembly. The product will aid engineers in developing multi-kilowatt systems and is available via Digi-Key and Mouser. This addition marks a significant step in leveraging Transphorm’s GaN technology to simplify system development and accelerate market entry.

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Transphorm, Inc. (NASDAQ: TGAN) announced its anticipated inclusion in the FTSE Russell 2000® and Russell 3000® Indexes after the US market closes today. This inclusion enhances visibility among institutional investors and recognizes the value created for shareholders. Membership in these indexes, which handle approximately $16 trillion in assets, is determined by market-capitalization rankings. Transphorm, a leader in GaN power conversion, aims to innovate beyond silicon limitations, achieving over 99% efficiency and lower system costs.

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Transphorm, Inc. (NASDAQ: TGAN) has introduced seven reference designs for GaN-based USB-C PD power adapters, designed to enhance the development of high-performance adapters ranging from 45W to 140W. Utilizing SuperGaN Gen IV 650V FETs, these designs promise improved efficiency and reliability. Key features include five open frame USB-C PD options with power densities from 18 to 30 W/in³ and peak efficiency exceeding 94.5%. Transphorm aims to simplify the design process for users, emphasizing their unique position in the GaN market.

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Transphorm, Inc. (NASDAQ: TGAN) announced a significant financial boost, securing $16 million from the exercise of a green shoe option linked to a November 2021 private placement. This increases total equity financing proceeds to approximately $61 million since October 2021. As of June 3, 2022, the company's cash and equivalents exceed $45 million. CFO Cameron McAulay highlighted that this capital enhances operational flexibility to support future growth.

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Transphorm, Inc. (TGAN) announced that its GaN technology enhances the LEMURIA ME3000, a lithium-ion power storage device by Nayuta Power Energy Co. Ltd., achieving 99% efficiency in a fanless design. This device is Japan’s first certified power storage for medical applications, demonstrating a 73% reduction in power loss compared to traditional systems. The LEMURIA ME3000 offers a continuous output of 1.5 kW and a storage capacity of 3.3 kWh, ensuring up to 33 hours of operation. The product targets various markets, including medical and telecommunications.

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Transphorm, Inc. (NASDAQ:TGAN) announced its participation in three investor conferences in June 2022. The 19th Annual Craig-Hallum Institutional Investor Conference and the Loop Capital Markets 2022 Investor Conference will both be virtual on June 1, 2022. Additionally, the Stifel Cross Sector Insight Conference will take place in-person from June 7-9, 2022, with CFO Cameron McAulay presenting on June 8 at 9:10 AM. Transphorm’s leadership will be available for one-on-one meetings with investors.

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Transphorm, Inc. (NASDAQ: TGAN) reported a remarkable 89% year-over-year revenue growth for fiscal 2022, reaching $24.1 million. The fourth quarter revenue increased by 103% to $4.93 million. Significant milestones included securing the largest order for SuperGaN® Gen IV FETs and numerous design wins from major corporations. Despite operational challenges, the company holds $34 million in cash. The leadership emphasized strong demand for GaN solutions and plans to manage supply chain issues while expanding their manufacturing capacity.

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Transphorm, Inc. (NASDAQ: TGAN), a leader in gallium nitride (GaN) power conversion products, will host a conference call on May 24, 2022, at 5:00 p.m. ET to discuss its fiscal 2022 financial results. The fiscal year ended on March 31, 2022. Investors can join the call by dialing 1-888-330-2446 or through the webcast available on the company's website. A replay will be accessible for 90 days following the event. Transphorm is recognized for its significant GaN IP portfolio and innovative semiconductor devices that surpass silicon capabilities.

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FAQ

What is the current stock price of Transphorm (TGAN)?

The current stock price of Transphorm (TGAN) is $5.1 as of June 20, 2024.

What is the market cap of Transphorm (TGAN)?

The market cap of Transphorm (TGAN) is approximately 323.1M.

What does Transphorm, Inc. specialize in?

Transphorm, Inc. specializes in the development of gallium nitride (GaN) transistors and modules for high-voltage power conversion applications.

What makes Transphorm’s GaN devices unique?

Transphorm’s GaN devices are known for their high performance and reliability, offering up to 90% reduction in energy losses compared to traditional silicon-based systems.

What qualifications do Transphorm’s products have?

Transphorm's products include JEDEC and AEC-Q101-qualified GaN FETs, ensuring they meet rigorous industry standards for reliability and performance.

How does Transphorm ensure quality in its products?

Transphorm ensures quality through its vertically integrated business model, encompassing design, fabrication, device, and application support stages, and rigorous testing beyond standard JEDEC requirements.

What industries benefit from Transphorm’s GaN technology?

Transphorm's GaN technology benefits various industries including consumer electronics, automotive, and industrial sectors.

What recent achievements has Transphorm made?

Transphorm has expanded its product offerings, forged strategic partnerships, and continues to lead in GaN technology innovation.

What is the significance of Transphorm’s 650V GaN devices?

Transphorm's 650V GaN devices are the only fully-qualified products in the industry, offering unmatched reliability for high-voltage power applications.

How does Transphorm contribute to energy efficiency?

Transphorm's GaN devices significantly reduce energy losses by up to 90%, contributing to more efficient power conversion systems.

Who are the key partners and customers of Transphorm?

Transphorm serves a growing customer base and collaborates with various industry leaders in consumer electronics, automotive, and industrial sectors.

Where can I find the latest news about Transphorm, Inc.?

You can find the latest news about Transphorm, Inc. on stock market websites like StockTitan, under the symbol TGAN.

Transphorm, Inc.

Nasdaq:TGAN

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TGAN Stock Data

323.12M
63.36M
20.89%
65.99%
1.47%
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