Pixelworks Inc. (NASDAQ:PXLW) Stock Sees Buying Interest At Lower Levels: More to Come?

August 11, 2021

Pixelworks Inc. (NASDAQ:PXLW) jumped 15.5% after announcing 50% sequential and YOY growth in revenue in Q2 2021. The growth is attributable to string projector business recovery and continued growth in mobile revenue. Mobile revenue increased QOQ and YOY driven by enhanced adoption of software and hardware-based visual processing solutions in the increasing number of smartphone launches. ASUS unveiled Zenfone 8 flip and Zonefone 8 flagship phones that incorporate the company’s…