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MRAM News
MRAM Events
Everspin Appoints Vikas Choudhary to Board of Directors
Everspin Technologies (MRAM) announced the appointment of Vikas Choudhary to its board of directors, effective August 10, 2026. Choudhary currently serves as senior vice president and general manager of the Connectivity and Storage Business Unit at MaxLinear (MXL)
Everspin and MaxLinear Sign MOU to Evaluate Next-Gen Memory Architectures
Everspin Technologies and MaxLinear announced the signing of a memorandum of understanding, MOU, to evaluate next-generation memory architectures designed to improve efficiency and performance in AI servers. AI models and inference workloads continue to grow while server architectures are under pressure to support larger data sets, expanding key-value caches and increased data movement across systems. The MOU establishes a framework for the companies to evaluate the use of Everspin's persistent, low-latency MRAM technology with MaxLinear's storage compression, encryption and hardware acceleration platform.
Astro Digital Selects Everspin's 64Mb STT-MRAM for Satellite Mission
Everspin Technologies announced that Astro Digital has selected Everspin's PERSYST 64Mb STT-MRAM for use on an upcoming Raven bus geosynchronous Earth orbit, GEO, satellite mission. Astro Digital will use Everspin's EM064LXAQDG13IS1T 64Mb STT-MRAM as the primary fail-safe memory for the system boot process on its Raven bus. In satellite systems, boot memory stores the essential code needed to initialize spacecraft electronics and support system recovery. For this application, persistent MRAM provides non-volatile memory that can retain critical boot information without power and provide fast access during startup or recovery. "For this Raven bus application, Everspin's 64Mb STT-MRAM was selected to support primary fail-safe memory for the system boot process," said Billy Wahng, chief technology officer of Astro Digital. "Its non-volatility, endurance and fast access align with the requirements we evaluate for critical spacecraft functions in GEO satellite systems."
Significant Increases in Indicative Borrow Rates for Liquid Options
Latest data shows the largest indicative borrow rate increases among liquid option names include: T-REX 2X LONG MSTR DAILY TARGET (MSTU) 19.28% +1.44, Serve Robotics Inc (SERV) 26.46% +0.73, Defiance Daily Target 2x Long OKLO ETF (OKLL) 17.87% +0.73, Everspin Technologies (MRAM) 1.30% +0.72, Entravision (EVC) 1.96% +0.71, Direxion Daily Small Cap Bear 3X Shares (TZA) 6.50% +0.63, Rumble (RUM) 22.20% +0.60, Coursera (COUR) 0.90% +0.46, Xanadu Quantum Technologies Limited Class B (XNDU) 16.58% +0.37, and Mesoblast (MESO) 7.84% +0.32.
Dow Rises 790.33 Points, Nasdaq Gains 219.07 Points
The major averages closed broadly higher to cap of a strong performance in April. The spotlight remains on technology after mega-cap results reinforced the strength of AI-driven demand, with traders also eyeing Apple's quarterly report after the close.Looking to data, the Commerce Department reported that GDP increased at a 2% annualized pace in Q1, up from 0.5% in the previous quarter but below market expectations of 2.3%, according to a preliminary estimate.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Alphabetreported, increased its dividend 5%, and increased its FY26 capital expenditure guidanceMeta Platformsreported, with family DAP reaching an average of 3.56B in MarchAmazonreportedand provided upbeat Q2 revenue guidanceMicrosoftreported, with Cloud revenue up 29% year-over-yearCaterpillaralso reportedand guided for low-double digit FY26 revenue growth2. WALL STREET CALLS:JPMorganMetaon lack of AI product visibilityQualcommto Buy from Hold at Summit InsightsEtsyto Neutral from Buy at B. RileyAbbVieto Buy at BofA on durable growthOppenheimeron Palantir, initiated with an Outperform3. AROUND THE WEB:MetaCEO Mark Zuckerberg and AppleCEO Tim Cook are not planning to make offers for the NFL's Seattle Seahawks, refuting earlier reporting, Bloomberg saysStrong demand for Nvidia'sB300 servers in China has doubled its prices, with the equipment costing about $1M each, Reuters reportsApplehas told suppliers that it will maintain its current production share in India rather than expand, after local sites struggled without China-based teams, Nikkei Asia reportsSoftBankplans to create an AI and robotics company called Roze in the U.S. to build data centers and list it as early as 2026, seeking a $100B valuation, Nikkei Asia saysKKRis exploring the sale of Flora Food Group, the business carved out of Unilever, after increased dairy demand has led the company to abandon a plan to make its entire portfolio plant based, FT says4. MOVERS:Everspin Technologiesgained afterfor Mil-Aero MRAM applicationsVistance Networksincreased after, announcing a $100M share repurchase program, and agreeing to sell RUCKUS to Belden for $1.846BBandwidthand Novocurewere higher in New York afterOption Care Healthand Acadia Healthcarewere lower afterWaystarfell afterand providing guidance for FY265. EARNINGS/GUIDANCE:Eli Lillyand raised its guidance for FY26Illinois Tool Works, with CEO commenting on "a solid start to the year"Newmarkand raised its guidance for FY26Melco Resorts, with EPS missing consensusCheck Pointand provided guidance for Q2 and FY26INDEXES:The Dow rose 790.33, or 1.62%, to 49,652.14, the Nasdaq gained 219.07, or 0.89%, to 24,892.31, and the S&P 500 advanced 73.06, or 1.02%, to 7,209.01.
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