Multibagger semiconductor software company partners with C-DAC and Socionext; details inside!

The stock gave multibagger returns of 100 per cent in just 1 month, 300 per cent in 1 year and a whopping 9,000 per cent in 10 years.

The Centre for Development of Advanced Computing (C-DAC) is taking a major step towards India's self-reliance in high-performance computing (HPC) technology. They have partnered with MosChip Technologies, an Indian company, and Socionext Inc., a Japanese company, to design and develop a new HPC processor named AUM. This processor will be built using the latest 5nm technology from Taiwan Semiconductor Manufacturing Company (TSMC).

This collaboration is a significant milestone in India's National Supercomputing Mission (NSM), which aims to make the country a leader in supercomputing and equip it to tackle complex scientific and technological challenges. C-DAC is already working on indigenizing HPC systems, having developed compute nodes like RUDRA and the Trinetra interconnect. The AUM processor will be another key component in this effort. It will be based on the powerful Arm Neoverse V2 CPU platform and incorporate advanced packaging technology, giving it a competitive edge. To ensure smooth project management, C-DAC has also engaged Keenheads Technologies, an Indian startup, as a Program Management Consultant (PMC).

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MosChip Technologies Limited, a publicly traded company headquartered in Hyderabad, India, is a leader in semiconductor, software, and system design solutions. Their team of over 1300 engineers across locations in the United States (Silicon Valley), India (Hyderabad, Bangalore, Ahmedabad, and Pune) offers a wide range of services including designing and manufacturing turn-key digital and mixed-signal ASICs, providing design services, SerDes IP (serializer/deserializer intellectual property), and software and system design. With over 20 years of experience, MosChip has a proven track record of success, having developed and delivered millions of connectivity ICs worldwide.

Today, shares of MosChip Technologies Limited gained 5 per cent upper circuit to Rs 303.80 per share. The stock’s 52-week high of Rs 326.80 per share while its 52-week low is Rs 74.45.

The company has a market cap of over Rs 5,600 crore and has delivered good profit growth of 20 per cent CAGR over the last 5 years. The stock gave multibagger returns of 100 per cent in just 1 month, 300 per cent in 1 year and a whopping 9,000 per cent in 10 years. Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.