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GCT Semiconductor's shipments rose 71% and cash tripled to $30.2M, but revenue fell 18%, and gross margin turned negative. A margin turnaround could see the stock surge higher in the latter part of the year.
SAN JOSE, Calif., August 26, 2026--GCT Semiconductor Forms Strategic Partnership to Advance Next-Generation UAV Control and Communications
By Lisa Thompson NASDAQ: GCTS READ THE FULL GCTS RESEARCH REPORT GCT Semiconductor (NASDAQ: GCTS) missed second quarter expectations as customer orders slipped. Its 5G chipset shipments increased by 71% sequentially to over 5,100. Most of the product shipments were to four customers this quarter; the volumes were small, with three taking only about 1,500 5G chips each. Each of these customers is
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