Founders in 1983 by four post-graduates, Nordic Semiconductor, often referred to as "Nordic," is a Norwegian-based company known for its cutting-edge wireless communication technology products, particularly in the realm of short-range wireless and low-power cellular IoT (Internet of Things) solutions.
One of the pioneers in Bluetooth Low Energy (BLE) technology, Nordic's system-on-chips (SoCs) have found applications in an array of consumer products, from fitness trackers to smartwatches. Throughout its history, Nordic has been characterized by its relentless commitment to research and development, enabling it to stay at the forefront of the rapidly evolving wireless tech landscape.
As of August 2023, Nordic Semiconductor has a market cap of $2.68B.
Nordic Semiconductor's stock performance has reflected its pioneering role in the wireless communication technology sector. Key moments in its share price history have been influenced by the company's innovative strides in Bluetooth Low Energy (BLE) and cellular IoT solutions.
The company's commitment to R&D and its ability to stay ahead of market trends has garnered investor confidence, even during periods of broader market uncertainty. Nordic's share price achieved notable milestones in the past, indicating both the company's solid operational achievements and the evolving dynamics of the tech industry.
Over the past 5 years, its share price has experienced a low of $3.31 in March 2020 jumping to $37.00 in September 2021. As of August 10th, 2023, its share price is trading at $13.95.
Prominent among its competitors are Texas Instruments, STMicroelectronics, and Silicon Labs, all of which offer a range of microcontrollers and wireless connectivity solutions.
Additionally, companies like Qualcomm and NXP Semiconductors are key players in the broader semiconductor market, presenting competition in various domains. These companies, like Nordic, work to advance the frontier of wireless technologies, catering to the ever-evolving needs of consumer electronics, industrial IoT, and automotive sectors.
|Swap long||[[ data.swapLong ]] points|
|Swap short||[[ data.swapShort ]] points|
|Spread min||[[ data.stats.minSpread ]]|
|Spread avg||[[ data.stats.avgSpread ]]|
|Min contract size||[[ data.minVolume ]]|
|Min step size||[[ data.stepVolume ]]|
|Commission and Swap||Commission and Swap|
|Trading Hours||Trading Hours|
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.