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Enovix Corporation - ENVX STOCK NEWS

Welcome to our dedicated news page for Enovix Corporation (Ticker: ENVX), a resource for investors and traders seeking the latest updates and insights on Enovix Corporation .

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Enovix Corporation 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Enovix Corporation 's position in the market.

Rhea-AI Summary
Enovix (ENVX) will release its first-quarter 2024 financial results on May 1, 2024, followed by a live 'Ask Me Anything' video call with CEO Dr. Raj Talluri on May 6, 2024. The company aims to discuss business updates, key milestones, and financial performance during the call.
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End-of-Day
-9.35%
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Enovix , a global high-performance battery company, completes Factory Acceptance Testing for its Gen2 Agility Line and is set to produce first silicon battery samples from Fab2 in Q2 2024. The company's patented manufacturing process enables the use of a 100% active silicon anode for higher energy density.
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2.84%
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Enovix (ENVX) has been granted 15-year Pioneer Status by the Malaysian Investment Development Authority (MIDA) for manufacturing lithium-ion batteries in Malaysia. This status exempts Enovix from income tax, provided certain conditions are met. Enovix's Fab2 facility in Penang Science Park is set to ramp up manufacturing, with collaborations and significant progress in place.
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5.24%
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Enovix Corporation to present at J.P. Morgan Industrials Conference with CFO Farhan Ahmad. The webcast will be available on March 14, 2024, at 8:30 AM ET. Investors can access the live stream via the company's website.
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-3.31%
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Enovix Corporation announces financial results for Q4 and full year 2023, highlighting record revenue of $7.4 million, scale-up of Fab2 in Malaysia, technical milestones, customer engagements, and plans for high-volume manufacturing and high-energy density batteries in 2024.
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End-of-Day
-8.91%
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Enovix Corporation, a leading silicon battery company, will release its financial results for the fourth quarter and full year 2023 on February 20, 2024. The company will hold a live video call to discuss business updates, key milestones, and financial results. Investors can register for the call through the provided link and submit questions for management to address.
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-4.71%
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Enovix Corporation (ENVX) collaborates with Group14 Technologies to develop advanced silicon battery using SCC55® for 100% of the anode material, aiming to enhance performance and efficiency of lithium-ion batteries.
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6.81%
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Enovix Corporation (ENVX) President and CEO, Dr. Raj Talluri, receives the Business Intelligence Group’s BIG Award for Business in the “Executive of the Year” category. Dr. Talluri has led the company since January 2023, shifting from R&D to high-volume manufacturing, implementing a vertical business strategy, and re-organizing operations for growth.
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ENVX - Enovix Corporation Named CES® 2024 Innovation Awards Honoree for BrakeFlow™ Safety Technology. Enovix, a Nasdaq-listed advanced silicon battery company, has been recognized for its pioneering safety technology, BrakeFlow™, by the Consumer Technology Association (CTA)®. The technology aims to enhance safety in next-generation lithium-ion battery technology by incorporating a unique safety system inside the battery cell to reduce the risk of overheating. Enovix President and CEO, Dr. Raj Talluri, expressed gratitude for the recognition and emphasized the company's commitment to pioneering new innovations in high energy density batteries. The CES Innovation Awards program received a record number of over 3,000 submissions, highlighting the significance of Enovix's achievement. For more information on Enovix BrakeFlow technology, visit: https://www.enovix.com/brakeflow/
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End-of-Day
-2.07%
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ENVX: Enovix Corporation's Vice President of Product Strategy, Samira Naraghi, appointed to 2024 Consumer Technology Association (CTA) Board of Industry Leaders. The CTA represents the $505 billion U.S. consumer technology industry and supports over 18 million U.S. jobs. Naraghi brings nearly two decades of experience in the enterprise, datacenter, and consumer electronics sectors to the board.
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3.48%
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Enovix Corporation

Nasdaq:ENVX

ENVX Rankings

ENVX Stock Data

1.09B
142.29M
16.13%
53.2%
21.78%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
FREMONT

About ENVX

california-based enovix is pioneering a silicon lithium-ion battery for mobile products. enovix has built a new battery platform with an orthogonal approach which enables much greater innovation in materials, design, production, and packaging than a conventional lithium-ion battery. with strategic investments and support from industry leaders cypress semiconductor, intel, and qualcomm, enovix is enabling engineers and designers to deliver on the promise of an extraordinary mobile future for global consumers.