U.S. Stock Movement | SEALSQ Corp, set to launch post-quantum encryption chips, rises over 8%

On Friday, SEALSQ Corp's stock price rose, and as of the time of writing, the stock was up over 8%, trading at $6.889. In terms of news, the company will launch post-quantum cryptography chips and develop Quantum ASICs and related intellectual property, while building secure systems based on chiplet architecture as one of the core strategies to integrate its newly acquired French ASIC design company IC’Alps. Sealsq stated that the first chip prototype is expected to be released next year. The company noted that the integrated team will be able to provide a diverse range of secure hardware products, including standard chips, custom integrated circuits, and security IP solutions, to meet the growing market demand for quantum-resistant and localized semiconductor research and development