Kulicke & Soffa's Stock Surges 3.4% on New Memory Solutions and Power Assembly System Launch

Kulicke & Soffa (KLIC) shares rose 3.4% after the company announced an expanded portfolio of memory-focused solutions and a new power assembly system to address high-growth markets like AI and renewable energy. The expanded memory portfolio is expected to enable up to 20% higher throughput for memory assembly required by AI workloads. The company also launched the ASTERION-TW ultrasonic terminal welding system to support next-generation power modules for demanding applications. Shares have been volatile, with 17 moves greater than 5% over the last year.