GCT Semiconductor Holding, Inc.

Earnings data Q1 2024

Earnings data Q2 2024

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GCT Semiconductor Holding, Inc. designs, develops, and supplies semiconductor products. It offers baseband modem, wireless broadband, and chip radio frequency transceivers. The company was founded on June 15, 1998 and is headquartered in New York. NY.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Reports First Quarter 2024 Financial Results.

GCT Semiconductor Holding, Inc. Reports First Quarter 2024 Financial Results

GCT Semiconductor (NYSE:GCTS) stock is climbing higher on Friday after the chipmaker announced a deal with Aramco for 5G and 4G semiconductor ecosystems. According to a press release from the company, this deal will bolster Aramco's 5G and 4G ecosystems in Saudia Arabia.

Why Is GCT Semiconductor (GCTS) Stock Up 60% Today?

SAN JOSE, Calif. & DHAHRAN, Saudi Arabia--(BUSINESS WIRE)--Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, setting the stage for a strategic collaboration that would further develop the 4G/5G ecosystem in Saudi Arabia for both mission-critical and public safety networks. The collaboration aims to design and co-develop chipsets and modules tailored for LT.

Aramco and GCT Semiconductor Holding, Inc. Sign MOU to Accelerate the Development of the 4G and 5G Ecosystem in Saudi Arabia

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4g--GCT Semiconductor Holding, Inc. (“GCT” or the “Company”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced the appointment of Nelson C. Chan to its Board of Directors, effective March 26, 2024. “We are pleased to welcome Nelson Chan to our Board of Directors,” said John Schlaefer, Chief Executive Officer of GCT. “Mr. Chan's extensive and prominent board experience, deep understanding of 5G and AI techn.

GCT Semiconductor Appoints Nelson C. Chan to Board of Directors

Chip designer GCT Semiconductor's (NYSE: GCTS ) stock jumped 568% on its first day of trading as the market's appetite for tech ideas remained unabated. GCT's merger into special purpose acquisition company (SPAC) Concord Acquisition III, which traded as “CNDB,” gave it an initial value of $461 million.

GCTS Stock: GCT Semiconductor Pops Nearly 600% in First Trading Day

GCT Semiconductor (NYSE: GCTS ) stock is falling on Thursday after the fabless semiconductor company's shares made their public debut on Wednesday. GCT Semiconductor stock went public via a special purpose acquisition company (SPAC) merger with Concord Acquisition Corp III.

Why Is GCT Semiconductor (GCTS) Stock Down 25% Today?

SAN JOSE, Calif. & NEW YORK--(BUSINESS WIRE)-- #4G--GCT Semiconductor, Inc. (“GCT Semiconductor” or “GCT”), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions, is pleased to announce the completion of its business combination, previously announced on November 3, 2023 with Concord Acquisition Corp III (NYSE: CNDB) (“Concord”) today. Concord's sponsor is affiliated with Atlas Merchant Capital LLC, an investment firm that offers debt and equity investment strateg.

GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS"

News for GCT Semiconductor Holding, Inc. Stock (GCTS)