May 2022

Everspin reports its Q1 2022 financial results

Everspin Technologies announced its financial results for Q1 2022, with revenues of $14.3 million (up 39% from 2021) and a net income of $1.9 million (compared to a $0.5 million net loss in 2021).

Everspin Technologies chip photo

Everspin says its product backlog for the rest of 2022 is at an all-time high, as demand continues to outpace supply. The company continues to work with its foundry partners to increase production capacity, but it expects the supply chain constraints to tighten in H2 2022.

Read the full story Posted: May 12,2022

Everspin launches a new family of SPI interface MRAM products

Everspin Technologies launched a new family of SPI/QSPI/xSPI interface MRAM products. Everspin says that the new EMxxLX family offers the world's highest performance persistent memory with full read and write bandwidth of 400 Megabytes per second through the new JEDEC expanded Serial Peripheral Interface (xSPI) standard interface.

With densities ranging from 8Mbit up to 64Mbit, this family of products is targeted for use in industrial IoT and embedded systems applications. Everspin began sampling the new chips for customers, and the company expects to commence volume production in the second half of 2022.

Read the full story Posted: May 04,2022