SEALSQ Shares Climb 33% On Partnership To Develop U.S.Made Quantum Secure Chips

(RTTNews) - SEALSQ Corp. (LAES) shares rose 32.80 percent, gaining $1.43 to $5.79 on Thursday, after announcing a strategic partnership with Trusted Semiconductor Solutions to co-develop U.S.-made Post-Quantum Cryptography enabled secure semiconductor solutions.

The stock is currently trading at $5.25, compared with a previous close of $4.36 on the Nasdaq. Shares opened at $4.63 and have traded between $4.40 and $5.50 so far today, with trading volume soaring to 78.5 million shares, well above the average of 12.6 million.

Over the past 52 weeks, SEALSQ shares have ranged between $0.31 and $11.00, with today's rally highlighting investor optimism around the company's push into quantum-secure defense technologies.