Impinj: RFID Pioneer Brings IoT Technology to Everyday Products and Reaches 5 Billion Chip Milestone!
Reading Time: 4 minutes
Investors are showing caution after the US Producer Price Index (PPI) rose by 0.9 % in July, and concerns are growing that the Fed may delay its planned interest rate cuts. The technology sector remains strong. Impinj stands out as a clear driving force in the "Semiconductors" industry with a monthly gain of over 44%. Why has the stock surged recently? Impinj develops RFID chips and readers in the IoT sector Milestone of 5 billion delivered M800 tag chips reached Despite a decline in revenue, gross margins increase in Q2...
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