Allegro MicroSystems: Revenue Record with Data Centers – AI Racks Drive Higher Component Share!
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Allegro MicroSystems (ALGM) is regarded as a market leader in magnetic sensing technologies, supporting precise current measurements, as well as the determination of speeds, rotational speeds, or positions of objects. According to CEO Michael Doogue, customers view the leading TMR sensors as a "key factor for next-generation platforms." Additionally, power ICs are included to efficiently manage and convert electrical energy. Overall, over 10,000 customers are served, with the automotive business accounting for 72% of revenues. An important driver...
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