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Allegro Microsystems (ALGM) Stock News

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Welcome to our dedicated page for Allegro Microsystems news (Ticker: ALGM), a resource for investors and traders seeking the latest updates and insights on Allegro Microsystems stock.

Allegro MicroSystems develops power and sensing semiconductor solutions for motion control and energy-efficient systems, including magnetic sensing devices, sensor ICs and application-specific analog power ICs used in automotive, clean energy, industrial automation, AI data center and robotics applications.

Recurring news for ALGM covers quarterly and fiscal-year results, business outlook, product launches and portfolio expansions. Company updates include Hall-effect and TMR current sensors such as ACS37017, ACS37100 and ACS37200, Power-Thru isolated SiC gate drivers, term-loan financing actions, leadership appointments, analyst-day materials and strategy discussions tied to electrification, automation and high-voltage power conversion.

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Allegro MicroSystems, Inc. (Nasdaq: ALGM) announced it will release its fourth quarter and fiscal year 2023 financial results on May 10, 2023, following market close. A conference call hosted by President and CEO Vineet Nargolwala and CFO Derek D’Antilio will take place on May 11, 2023, at 8:30 a.m. EDT to discuss these results and the company’s business outlook. Interested analysts and investors can participate via a registration link provided, which is required for dial-in participants. A live and archived audio webcast will be available on the company’s website for 90 days. Allegro MicroSystems specializes in sensor integrated circuits and application-specific analog power ICs, targeting automotive and industrial markets, focusing on technologies that promote vehicle electrification and energy efficiency.

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Allegro MicroSystems has expanded its ClearPower module solutions by introducing two new switching regulators, the APM81803 and APM81911, designed for industrial and automotive applications. These modules significantly enhance electromagnetic compatibility (EMC) while reducing development costs and time to market. They achieve a 70% reduction in PCB footprint compared to conventional solutions and can lower electromagnetic interference (EMI) by up to five times. Both regulators are AEC-Q100 qualified and operate within a voltage range of 3.5V to 36V, with a low quiescent current of 6 µA. Pricing and availability details are also provided.

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Allegro MicroSystems has announced the availability of samples for the ACS37601 sensor, designed for electric vehicles, offering advanced safety and accuracy features. This ASIL C-rated sensor achieves high precision with low noise and fast response times, meeting new automotive safety requirements for battery management systems.

The ACS37601 provides measurement capabilities exceeding 200 Amperes and is designed for efficient power management in EVs, with customer collaboration highlighted by Littelfuse. Samples are available in a thin package suitable for surface-mount assembly.

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FAQ

What is the current stock price of Allegro Microsystems (ALGM)?

The current stock price of Allegro Microsystems (ALGM) is $55 as of June 15, 2026.

What is the market cap of Allegro Microsystems (ALGM)?

The market cap of Allegro Microsystems (ALGM) is approximately 9.4B.