Silicon Motion shares rise after completing first EU Cyber Resilience step
Shares of Silicon Motion Technology rose after the company said it completed the first phase of its compliance program for the European Union Cyber Resilience Act. Stock was up 7.3% to $252.99 on Friday.
By Elias SchisgallShares of Silicon Motion Technology Corp. rose after the company said it completed the first phase of its compliance program for the European Union Cyber Resilience Act.Shares were up 7.3% to $252.99 on Friday.
The stock has risen 173% this year.The flash-memory controller supplie…