GCT Semiconductor (GCTS) Starts Commercial 5G Shipments, H.C. Wainwright Stays Bullish

Previously, connected January 6, GCT Semiconductor Holding, Inc. (NYSE:GCTS) reported the archetypal commercialized shipment of its 5G chipset to the company’s pb customers. This update comes aft the chipset was successfully qualified and adopted. The motorboat of commercialized shipments of 5G chipsets marks an important measurement successful the company’s 5G gross maturation trajectory.

According to the report, the caller motorboat of GoGo’s 5G air-to-ground web supports request for GCT Semiconductor Holding, Inc.’s (NYSE:GCTS) 5G technology. The improvement strengthens the company’s presumption for expanded 5G commercialization and accrued marketplace penetration successful 2026 and beyond.

John Schlaefer, CEO of GCT Semiconductor Holding, Inc. (NYSE:GCTS), highlighted that lawsuit feedback has been precise affirmative and that the institution is “seeing beardown involvement crossed aggregate 5G applications.”

GCT Semiconductor Holding, Inc. (NYSE:GCTS) is simply a fabless decorator that delivers precocious 5G and 4G LTE semiconductor solutions.

While we admit the imaginable of GCTS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Stocks that Will Bounce Back According to Wall Street Analysts and 10 Best US Penny Stocks to Buy.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.