Movement Alert|Keysight Rises 3.1% in Regular Trading, Electromagnetic Design Software Certified for Intel Foundry Latest Process Nodes

Market Focus07-31

On July 31, Keysight rose 3.1% in regular trading, trading at $320.15/share, with turnover of $29.28 million.

On the news front, the company announced that its RFPro electromagnetic design software has been certified for Intel Foundry's Intel 14A and Intel 18A-P process technologies, enabling RFIC and mixed-signal design engineers to verify the accuracy of electromagnetic simulation results before chips enter production. This certification extends the company's longstanding collaboration with Intel Foundry on advanced process and packaging technologies, covering applications ranging from AI and high-performance computing to mobile devices.

Keysight had experienced consecutive declines earlier in the week, falling 3.16% on July 28 and 3.17% on July 29, before rebounding 3.3% on July 30. The Intel certification news appears to have provided further upward momentum, with the stock recovering above the $320 level. The company is scheduled to report its next earnings on August 18, with consensus EPS estimates at $2.16.

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