Atomera is trading at $5.45 (5.21%) up today following a broad semiconductor sector rebound and news of an expanded technical partnership.
- The company announced an expanded collaboration with Synopsys focused on gallium nitride (GaN) device modeling for RF and power semiconductor applications.
- Shares are tracking wider strength in the chip sector, with the SOXX ETF trading higher during the morning session as risk appetite improves across growth stocks.
- While the Synopsys news provides a specific catalyst, the sector-led recovery appears to be the primary driver of the day's gains.