Yahoo · Oct 23, 2026
Allegro MicroSystems (ALGM) Expands Robotics Chips, Is The Discount Too Steep?
Allegro MicroSystems (ALGM) has pushed deeper into robotics hardware by rolling out new precision sensing and 48V power management chips aimed at physical AI systems used in humanoids and collaborative industrial robots. Recent trading has been choppy for Allegro MicroSystems, with the share price at $31.69 after declining 8.17% over the last day and 31.15% over the past 90 days. This comes even though the year-to-date share price return is up 17.76% and the 3-year total shareholder return...

