Why Indie Semiconductor Rallied Today

A major financial publication leaked that the high-growth chip company was exploring options, including a sale. While Indie is still a rather small company, with just $235 million in trailing-12-month revenue and a$1.25 billion market cap, it has actually assembled a rather broad array of automotive technologies, spanning lidar, radar, and computer vision for autonomous applications, as well as wireless charging inside the cabin and plug- in fast charging technologies for EVs. Indie has developed these tec ...