Australian semiconductor company Weebit Nano (ASX:WBT) announced a record financial performance for the first half of fiscal year 2026, driven by a massive surge in revenue and a major commercial partnership.
For the six months ended Dec. 31, 2025, the company reported a record revenue of $5.6 million, representing more than an eightfold increase compared to the same period last year.
The strong result puts Weebit well on track to meet its full-year revenue guidance of $10 million.
A central component of this growth is a newly secured licensing agreement with Texas Instruments, a top-tier semiconductor manufacturer.
The deal, along with technical milestones achieved at foundries DB HiTek and onsemi, solidifies Weebit’s position as a leader in resistive random-access memory technology.
The company has successfully taped-out and received the first test chips manufactured at onsemi, which are performing according to expectations.
Weebit Nano CEO Coby Hanoch highlighted that the technical and commercial momentum is building rapidly as the industry pivots toward ReRAM for next-generation applications, particularly in AI.
To support the demand and growing product adoption, Weebit has established a new subsidiary in the United States and expanded its focus on artificial intelligence solutions.
At the time of reporting, Weebit Nano's share price was $4.95.