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Faraday's 1Q25 revenue is expected to increase by 150% quarterly, but gross margin may drop to 20%

Monica Chen, Hsinchu; Elaine Chen, DIGITIMES Asia 0

Credit: Faraday

On February 21, leading ASIC design service and silicon intellectual property (IP) provider Faraday held its earnings call. The company's fourth quarter of 2024 gross margin declined by 3.6% due to product mix impacts, causing a 26.2% year-over-year...

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