ASP Isotopes Stock Is Rising Today: What's Going On?

Comments
Loading...
Zinger Key Points

ASP Isotopes Inc ASPI on Thursday announced the start of commercial production at its second enrichment facility.

What Happened: ASP Isotopes announced that it commenced commercial production of enriched Silicon-28 at its second Aerodynamic Separation Process (ASP) enrichment facility in South Africa.

ASP Isotopes noted that enriched Silicon-28 is likely to be required by next-gen semiconductor manufacturers because of its ability to process superior information like qubits and conduct heat 150% more efficiently than natural Silicon.

“To create faster, smaller next-generation semiconductors, the world is likely going to require materials that are currently not available in commercial quantities”, said Paul Mann, chairman and CEO of ASP Isotopes.

Check This Out: Alibaba Strikes Back With New AI Model To Rival DeepSeek In China

ASPI Isotopes previously announced two supply agreements with U.S.-based customers. The company said Thursday that it’s currently in discussions with “multiple” other potential customers and expects to sign more supply agreements over the next six months.

The company expects to ship the first commercial batches of its highly enriched Silicon-28 during the second quarter of 2025.

ASPI Price Action: ASP Isotopes shares were up 3.58% at $4.34 at the time of publication Thursday, according to Benzinga Pro.

Photo: Shutterstock.

ASPI Logo
ASPIASP Isotopes Inc
$5.38-7.87%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
96.56
Growth
-
Quality
-
Value
5.36
Price Trend
Short
Medium
Long
Got Questions? Ask
Which semiconductor companies will benefit from Silicon-28?
How might U.S. tech firms react to ASP's supply agreements?
Could next-gen semiconductor manufacturers see increased demand?
What impact will Silicon-28 have on AI technologies?
Which investors should watch for ASP's growth trajectory?
How does ASP's production affect global silicon supply?
Are there investment opportunities in alternative semiconductor materials?
What will be the market response to increased supply agreements?
How might ASP Isotopes influence energy-efficient technologies?
Which emerging markets could benefit from ASP's expansion?
Market News and Data brought to you by Benzinga APIs

Posted In: