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Benzinga

Business

Evette Mitkov

Why Is SEALSQ Stock Soaring Thursday?

SEALSQ Semiconductor TSS LAES United States

Stock,Graph,And,Financial,Chart.,Analyze,Stock,Market,Finance,Volume

SEALSQ Corp (NASDAQ:LAES) shares are trading higher Thursday after the company announced a strategic partnership with Trusted Semiconductor Solutions (TSS) to develop post-quantum cryptography (PQC) semiconductor solutions for U.S. defense and government agencies.

What Happened: SEALSQ, a semiconductor and post-quantum cryptography solutions company, is partnering with TSS, a Category 1A Trusted-accredited firm, to co-develop “Made in USA” secure chips designed to resist future quantum computing threats.

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