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Stock impact report

Enovix: Setting The Stage For Exponential Growth [Seeking Alpha]

Enovix Corporation (ENVX) 
Company Research Source: Seeking Alpha
Enovix is engaged with multiple smartphone OEMs and expects multiple smartphone launches in 2025. The company has signed a development agreement with a leading automaker for EV batteries to validate its cell architecture. The R&D team continued to make improvements to Enovix's battery, differentiating the company's performance relative to peers. 2024 will be an interesting year for Enovix as the company sends its first samples to customers from Fab-2. This idea was discussed in more depth with members of my private investing community, Outperforming the Market. Learn More » Enovix NASDAQ: ENVX reported Q4'23 results recently. The key here is for the team to get the manufacturing going and through providing customers with samples, get some large wins in the near-term, which will get the stock price going. For now, it does seem the company is set up well, with Fab-2 progressing well and expected to produce first samples in April this year, while the R&D team has progresse Show less Read more
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