Quicklogic shares surge 14.38% intraday as contract with US DoD expands to GlobalFoundries' 12LP process, raising value to $88M.
ByAinvest
Thursday, Dec 18, 2025 10:02 am ET1min read
QUIK--
Quicklogic surged 14.38% intraday as the company announced the expansion of its U.S. Department of Defense radiation-hardened FPGA contract to GlobalFoundries' 12LP process, with the contract's maximum value increased to $88 million and the completion of test chip design. The company is a leading developer of embedded FPGA hard IP and endpoint AI/ML solutions for defense and space systems.
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