Alpha and Omega Semiconductor unveils new MOSFET technology

Published 01/05/2025, 13:12
Alpha and Omega Semiconductor unveils new MOSFET technology

SUNNYVALE, Calif. - Alpha and Omega Semiconductor Limited (NASDAQ:AOSL), a global provider of a wide array of power semiconductors with a market capitalization of $554 million, announced the release of its latest MOSFET, the AOTL66935, designed to enhance 48V hot swap operations in AI servers and telecom applications. According to InvestingPro analysis, the company maintains a strong financial position with more cash than debt on its balance sheet, currently trading below its Fair Value. The new device, based on the company’s proprietary 100V AlphaSGT™ technology, is said to manage higher peak currents, offering a blend of high performance and reliability while remaining cost-effective.

The AOTL66935 MOSFET aims to prevent system damage by controlling the high inrush current commonly experienced during hot swap events, when components are added or removed without shutting down the system. With the company’s upcoming earnings report scheduled for May 7, investors tracking AOSL’s product innovations can access comprehensive analysis through InvestingPro’s detailed research reports, which provide in-depth coverage of the company’s market position and growth prospects. Its low on-resistance (RDS(ON)) is engineered to minimize power losses and improve efficiency in demanding conditions, which is crucial in advanced AI server designs.

This MOSFET comes in a TO-Leadless (TOLL) package, which offers a 30% smaller footprint compared to the traditional TO-263 (D2PAK) package, facilitating integration into compact systems. Additionally, the TOLL package is compatible with automated optical inspection (AOI), a requirement for modern manufacturing processes.

Peter H. Wilson, Sr. Director of MOSFET product line at AOS, commented on the product’s launch, highlighting its ability to handle continuous and pulsed drain currents with a maximum RDS(ON) of 1.95 mOhms at 10V. This technical capability positions the AOTL66935 as a competitive option for designers seeking robust solutions for 48V hot swap requirements.

The AOTL66935 is available immediately for production with a lead time of 14-16 weeks, and a unit price of $4.2 for 1,000-piece orders.

AOS’s portfolio includes power devices such as MOSFETs, wide bandgap power devices, power management ICs, and modules. The company’s extensive intellectual property and technical knowledge enable it to launch products addressing complex power requirements for a variety of electronics.

The press release also contains forward-looking statements regarding the product’s performance and market potential. These statements are based on current expectations and projections about future events and are subject to risks, uncertainties, and changes in circumstances that could cause actual results to differ materially from the expectations described.

This news is based on a press release statement from Alpha and Omega Semiconductor Limited. Despite recent stock volatility, with shares down about 45% over the past six months, InvestingPro data shows the company maintains healthy liquidity with a current ratio of 2.72, indicating strong ability to meet short-term obligations. Analysts remain optimistic about the company’s prospects, with forecasts pointing to profitability in the current fiscal year.

In other recent news, Alpha & Omega Semiconductor has been the focus of several analyst reports and corporate developments. Stifel analysts have raised their price target for the company to $30, maintaining a Sell rating amid concerns that upcoming revenue guidance may not meet expectations. Concurrently, Benchmark analysts increased their price target to $42, reaffirming a Buy rating, citing the company’s potential collaboration with NVIDIA’s Blackwell product family as a significant growth opportunity. B.Riley maintained a Buy rating with a $47 target, despite adjusting earnings projections for fiscal years 2025 through 2027 due to competitive pricing pressures impacting gross margins.

In addition to analyst activity, Alpha & Omega Semiconductor announced executive role changes. Dr. Mike F. Chang transitioned from Executive Chairman to Executive Vice President of Strategic Initiative, with adjustments to his compensation package. The company also introduced a new cash bonus plan for executives, tied to performance goals related to non-GAAP earnings per share and revenue.

These developments come amid Alpha & Omega Semiconductor’s recent financial performance, where second-quarter results exceeded expectations, though challenges remain with projected revenue for the June quarter. Investors will be closely monitoring the company’s progress in capitalizing on its strategic initiatives and partnerships, particularly in light of its association with NVIDIA.

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