Enovix Corporation shares rise 1.98% premarket after appointing Srikanth Kethu as Head of Enovix India.

Enovix Corporation rose 1.98% in premarket trading, with the company announcing the appointment of Srikanth Kethu as Head of Enovix India. Mr. Kethu will oversee the Hyderabad R&D center and support the ramp-up of Enovix’s high-volume manufacturing facility in Malaysia, driving strategic growth across India. His extensive experience in product development and systems engineering is expected to bolster Enovix's operational capabilities and market expansion.