Austin Gold Corp. shares rise 1.16% intraday after SkyWater Technology completes acquisition of Infineon's 200 mm fab in Austin, Texas.

Austin Gold Corp. rose 1.16% intraday, with SkyWater Technology completing the acquisition of Infineon Technologies' 200 mm semiconductor fab in Austin, Texas. This acquisition adds approximately 400,000 wafer starts per year in capacity, enhancing SkyWater's advanced technology services and expanding domestic manufacturing for foundational semiconductor technologies.