Allegro MicroSystems launched two current sensor ICs, ACS37030MY and ACS37220MZ, enhancing precision and reliability in various applications.
Quiver AI Summary
Allegro MicroSystems, Inc. has announced the launch of two new current sensor integrated circuits (ICs), the ACS37030MY and the ACS37220MZ, designed for automotive, industrial, and consumer applications. These ICs feature low internal conductor resistance, high bandwidth, and a compact design that reduces size by 40% while enhancing isolation. The ACS37030MY offers the fastest response time in the industry for protecting wide bandgap GaN devices, combining Hall-effect and inductive coil technology for wide frequency current sensing. Meanwhile, the ACS37220MZ is targeted at value-line applications, building on the legacy of the ACS724/5 family with improved performance and lower power dissipation. Allegro's advancements in sensor technology aim to enhance efficiency and support a smarter, more efficient future.
Potential Positives
- Allegro MicroSystems launched two new current sensor ICs, ACS37030MY and ACS37220MZ, enhancing their product lineup in power and sensing technology.
- The new sensors provide low internal conductor resistance and high operating bandwidth, making them suitable for a wide range of applications in automotive, industrial, and consumer sectors.
- The innovative designs allow for a 40% smaller footprint and 5x faster response time compared to existing solutions, positioning Allegro as a leader in compact, efficient current sensing technology.
- These advancements support Allegro's commitment to driving efficiency, performance, and sustainability in key markets, reinforcing their status as a pioneer in "automotive-grade" technology.
Potential Negatives
- There is no mention of specific customer or market demand for the new sensor ICs, which raises concerns about their market reception and potential sales performance.
- The press release does not provide any details on pricing or competitive positioning, which could impact the perception of value among potential customers.
FAQ
What are the new current sensor ICs launched by Allegro MicroSystems?
Allegro MicroSystems has launched the ACS37030MY and ACS37220MZ current sensor ICs.
What advantages do the new current sensors offer?
The new sensors provide low internal conductor resistance, high operating bandwidth, and reliable performance in various applications.
How do the ACS37030MY and ACS37220MZ compare in size?
Both sensors are designed with a 40% smaller footprint compared to existing 16-pin packages on the market.
What industries can benefit from Allegro's current sensor ICs?
The sensors are suitable for automotive, industrial, and consumer applications, enhancing efficiency and performance.
Who can I contact for more information about Allegro MicroSystems?
You can contact Tyler Weiland at [email protected] for media inquiries or Laura Kozikowski for marketing inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ALGM Congressional Stock Trading
Members of Congress have traded $ALGM stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ALGM stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 2 times. They made 1 purchase worth up to $15,000 on 10/17 and 1 sale worth up to $15,000 on 09/16.
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$ALGM Insider Trading Activity
$ALGM insiders have traded $ALGM stock on the open market 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $ALGM stock by insiders over the last 6 months:
- MICHAEL DOOGUE (SVP, CTO) purchased 15,000 shares.
- VINEET A NARGOLWALA (President and CEO) has traded it 2 times. They made 2 purchases, buying 5,000 shares and 0 sales.
- ELECTRIC CO., LTD. SANKEN has traded it 2 times. They made 0 purchases and 2 sales, selling 38,767,315 shares.
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$ALGM Hedge Fund Activity
We have seen 151 institutional investors add shares of $ALGM stock to their portfolio, and 127 decrease their positions in their most recent quarter.
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Full Release
MANCHESTER, N.H., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy-efficient systems, today announced the launch of two new current sensor ICs - the ACS37030MY and the ACS37220MZ. Leveraging Allegro’s cutting-edge sensing technology, these ICs provide low internal conductor resistance, high operating bandwidth and reliable performance across a wide range of automotive, industrial and consumer applications.
“We’re excited to introduce our latest current sensor ICs, as Allegro continues to push the boundaries of sensor IC technology,” said Ram Sathappan, Vice President of Global Marketing and Applications at Allegro MicroSystems. “Our newest sensors establish new standards for precision and reliability, empowering customers to overcome design and efficiency standards, while also demonstrating how our technology is driving a smarter, more efficient future.”
Allegro’s new current sensor ICs are designed for precise current sensing in a compact and durable package. Featuring a widebody design, the ACS37030MY and ACS37220MZ deliver higher isolation in a 40% smaller footprint compared to the existing 16-pin packages on the market. The new innovative designs also incorporate lower resistance, which helps to reduce power dissipation.
The ACS37030MY is a fully integrated current sensor IC with industry’s fastest response time for protection of wide bandgap GaN devices. It uses a combination of Hall-effect and inductive coil signal paths to sense current over a wide frequency range. This innovative package offering enables a product which is both 5x faster than existing solutions, but also 40% smaller. ACS37030 is also available in a narrow-body package for lower isolation requirements.
The ACS37220MZ fully-integrated, Hall-effect current sensor features a 150 kHz bandwidth and fault pin. This device is designed for value-line current sensing applications as a successor to the popular ACS724/5 family of products. The new package of the ACS37220MZ offers a 40% smaller solution size and lower resistance for lower power dissipation.
To learn more about Allegro MicroSystems latest current sensor ICs, visit
ACS37030MY
and
ACS37220MZ
.
About Allegro MicroSystems
Allegro MicroSystems, Inc. is leveraging more than three decades of expertise in magnetic sensing and power ICs to propel automotive, clean energy and industrial automation forward with solutions that enhance efficiency, performance and sustainability. Allegro’s commitment to quality drives transformation across industries, reinforcing our status as a pioneer in "automotive-grade" technology and a partner in our customers' success. For additional information, visit
https://www.allegromicro.com/en/
.
Media Contact:
Tyler Weiland
Corporate Communications
(972) 571-7834
[email protected]
Allegro Contact:
Laura Kozikowski
Sr. Director of Global Marketing
[email protected]
