Insights

Here’s why the 4DS (ASX:4DS) share price is surging today

The 4DS Memory Ltd (ASX: 4DS) share price rocketed up in early trade today. Here’s why this ‘Silicon Valley company’ is on fire.
The post Here’s why the 4DS (ASX:4DS) share price is surging today appeared first on The Motley Fool Australia. –

Man looking excitedly at ASX share price gains on computer screen against backdrop of streamers

The 4DS Memory Ltd (ASX: 4DS) share price shot up in early trade today, reaching 13.5 cents a share before retreating slightly to its current price of $12.75, up 5.8%.

Today’s gains mean that the 4DS share price is up more than 166% year to date, and up 150% since the start of September.

4DS Memory is a company that works in the provision of computer memory devices, namely RAM (random access memory) and similar products. Based in Silicon Valley (in California, USA), it describes itself as a “semiconductor development company of non-volatile memory technology… for next generation gigabyte storage in mobile and cloud”. 

It holds a number of patents in the United States for RAM technology, with additional patents in the pipeline (more on that later). As such, 4DS reckons that it “is well-positioned to address the massive memory demands of tomorrow”.

So what’s behind this sudden rush for 4DS shares?

4DS share price benefits from US patent approval

The 4DS Memory share price appears to be benefitting today from an announcement the company made to the markets this morning just after open. In this announcement, 4DS advised that it has been granted approval by the United States for yet another patent. That brings the company’s total to 29.

This particular patent (Patent No. 10,862,028) is titled Resistive Memory Device Having A Template Layer. The company notes this patent “broadens the claims of previous patent grants”.

4DS CEO and managing director, Dr Guido Arnout, had this to say on the development:

4DS is extremely pleased to receive another USA patent grant which broadens its claims in Interface Switching ReRAM.

The company is working with patent attorneys and the US Patent and Trademark Office to have three more strategically important patents granted as soon as possible and will continue to file additional patents around new internal innovations.

4DS also noted in this release that, “the company has filed an additional three USA patent applications to protect its stream of internal innovations and to strengthen its intellectual property portfolio in the area of Interface Switching ReRAM for Storage Class Memory near to DRAM”.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post Here’s why the 4DS (ASX:4DS) share price is surging today appeared first on The Motley Fool Australia.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!