Allegro Microsystems, Inc.

Allegro Microsystems (ALGM) designs and manufactures analogue and mixed‑signal integrated circuits, primarily magnetic sensors and power‑management ICs used across automotive, industrial and consumer markets. The company is well‑known for components that support electric vehicle powertrains, motor control, battery management and advanced driver‑assistance systems (ADAS). With a market capitalisation around $5.75 billion, Allegro’s growth is tied to automotive production cycles and the broader electrification and automation trends that increase sensor and power semiconductor content per vehicle. Strengths include a specialised product portfolio, engineering expertise in analogue and power technologies, and established customer relationships with OEMs and tier‑one suppliers. Key risks are market cyclicality, semiconductor supply constraints, competitive pressure from larger analogue players, and pricing dynamics. This summary is educational and not personal advice; stock prices can fall as well as rise and past performance does not guarantee future results.