Nano micro semiconductor landed in US stocks, with a current market value of US $1.62 billion

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On October 20 US Eastern time, gallium nitride power chip company nanomicro semiconductor (“nanomicro”) officially landed on NASDAQ with the stock code of “nvts” and closed at US $12.8/share, with a market value of US $1.617 billion. On October 19, nanomicro completed the merger with live oak acquisition Corp. II, a special purpose acquisition company (SPAC).
At present, nanomicro’s ganfast power chips are used in more than 130 models of mobile chargers. As of October 2021, nanomicro has delivered more than 30 million ganfast power chips.