Enovix Launches AI-1™: A Revolutionary Silicon-Anode Smartphone Battery Platform
FREMONT, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX) ('Enovix'), a leader in advanced silicon battery technology, today announced the launch of the AI-1TM platform, its Artificial Intelligence ClassTM batteries for the next generation of mobile smartphones that require significantly higher total energy storage and power to perform AI functions locally. This revolutionary silicon-anode smartphone battery platform is protected by 190 Enovix architecture-specific patents that enable the use of 100% active silicon anodes. Last week, the company sampled its first 7,350 milliampere-hour (mAh) AI-1 batteries to a leading smartphone OEM for qualification in the first ever 100% silicon-anode battery smartphone launch.
With energy density exceeding 900 watt-hours per liter (Wh/L) and advanced capabilities for high discharge rate and long cycle life, Enovix believes AI-1 is the highest energy density battery commercially available in the market today. The company's patented battery architecture overcomes the notorious silicon anode swelling problems, enabling exceptional performance without compromising safety or longevity. The higher energy density provided by the AI-1 enables smartphone manufacturers to take full advantage of AI-enabled applications without requiring frequent charging cycles.
AI-1 Performance Highlights*:
>900 Wh/L energy density – highest commercially available
Fast charging at 3C rates – 20% charged in 5 minutes, 50% charged in 15 minutes
900+ cycles in standard smartphone usage based on initial unit testing
High discharge capability across wide temperature ranges – ideal for AI applications
Passed Enovix Safety Test Suite (ESTS): drop, tumble, thermal abuse, and external short circuit test
* Based on internal testing
'Enovix invented technology that led the industry in energy density for wearables in 2023 thanks to our unique architecture and the use of 100% silicon-anode technology,' said Dr. Raj Talluri, CEO of Enovix. 'However, when I joined as CEO, I recognized that the portion of the wearables market immediately available to us would not be enough to support our full revenue plan, so I decided to take the opportunity to introduce our breakthrough battery to the much bigger smartphone market and the Enovix story to the smartphone accounts that I knew well from running Micron's $6 billion mobile memory division. With the launch of AI Class technology, we are now sampling production AI-1 batteries to those customers who demand not only industry-leading energy density, but have other stringent requirements for cycle life, fast charging, and safety. Enovix is now positioned to support the next generation of smartphones in a 1.2-billion unit market.'
T.J. Rodgers, Enovix Chairman, said, 'The AI Class technology is a breakthrough in utilizing the significant but difficult-to-realize benefits of silicon anodes to win in the AI Class smartphone market. The approximate 80,000 wearable batteries produced in our Fremont fab – and even the fab itself – all had to be re-engineered to meet the challenges of the first AI-1 battery. To move from small wearable batteries – with low power consumption and 500-cycle life – to the big, high-power, AI Class batteries, we had to change the anode (five times), the cathode (three times), the electrolyte (ten-plus times), and even the stainless-steel constraint and separator. Each experimental set took months to create and evaluate, and that effort was only possible because of the scale of our 50-engineer R&D group which touts 30 PhDs. Making these major changes was the primary cause of the delay between my January 3, 2023 presentation to shareholders and the sampling of the AI-1. That two-year delay was frustrating, but we are now on the other side of the problem with 100 R&D man-years of distance added between us and our competitors. We have also discovered that our AI Class process, which produces 900 smartphone Wh/L of energy density, will produce wearable batteries meeting 2023 smartwatch requirements with over 1,000 Wh/L of energy density due to the added capabilities of the AI Class process.
Rodgers continued, 'An AI-1 battery, built in our Malaysian production facility, is shown in Figure 1. While it is only 1.79 cubic inches in volume, it holds 7.35 amp-hours of charge and 26.3 watt-hours of energy. Humans cannot comprehend the high rate of energy use in the AI world because it is dissipated invisibly by charging and discharging the 100 billion transistors on a modern AI chip. In the Figure, we also show the same 26.3 Whrs of energy applied to a human-scale problem, lifting a 4,948-pound truck to a working height of 4.7 feet on a commercially available hydraulic lift – three times on one battery charge.
Rodgers concluded, 'We have over $200 million in the bank and thank our shareholders for supporting us on every step of our journey. I started at Enovix in 2012 and have learned that making a new state-of-the-art battery is a decade-long marathon, a lot more difficult than a one-generation change in semiconductors under Moore's Law. It all started that way for the Sony corporation, which took 10 years to bring the first lithium-ion battery to market in 1991. Fortunately, we expect future generations of the AI Class technology to reuse this foundation, allowing us to raise the bar on energy density progressively as we transfer each new AI process modification to our Malaysian factory.'
AI-1 is currently available to select smartphone OEMs. Broader availability is expected later in 2025.
Figure 1. The first AI-1 cell is just 1.79 cu. in. in volume, yet it contains 26.3 watt-hours of electrical energy, enough to power a typical car lift to raise and lower a 4,948-pound truck to a working height of 4.7 ft – three times per charge.
About Enovix Corporation
Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company's breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix's technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance and can be identified by words such as anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, should, would and similar expressions that convey uncertainty about future events or outcomes. Forward-looking statements in this press release include, without limitation, our expectations that AI-1 represents the highest energy density battery commercially available, that the AI-1 battery enables smartphone manufacturers to take full advantage of AI-enabled applications without compromising battery life, that our unique battery architecture enables exceptional performance without compromising safety or longevity, that the recently shipped smartphone samples exceed industry standards and meet certain demanding standards for fast charging, long cycle life, and temperature resilience, that we lead the industry in energy density for wearables, the benefits and the timing of our first expected commercial product launch, that we have upgraded our prior watch battery product to AI-1 standards and our long-term scale-up plans. Actual results and outcomes could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, those risks and uncertainties and other potential factors set forth in our filings with the SEC, including in the 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' sections of our most recently filed annual report on Form 10-K and quarterly reports on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. For a full discussion of these risks, please refer to Enovix's filings with the SEC, including its most recent Form 10-K and Form 10-Q, available at https://ir.enovix.com and www.sec.gov. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.
Contacts:
InvestorsRobert Laheyir@enovix.com
CFORyan Bentonrbenton@enovix.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f9db38ec-43e9-4d87-93de-22f1181c5b9d
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
Is Archer Aviation Stock Due to Take Off After Aug. 11?
Key Points According to analysts, there is loads of growth potential in the eVTOL market in the years ahead. Archer's business isn't generating any revenue right now and its losses have been high. An update on its business operations, however, could spark a rally. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is an emerging company that's looking to make it big in the world of electric vertical take-off and landing (eVTOL) aircraft. It has big plans for growth and for investors, presenting them with an exciting way to invest in a business that may have a ton of potential to become much more valuable in the years ahead. Analysts at Grand View Research project that the global eVTOL market will grow at a compound annual rate of 54.9% until the end of the decade. That's mind-boggling growth, and if Archer can be a part of that, there could be significant upside for the stock. Shares of Archer have more than doubled in the past 12 months. But year to date, things have cooled -- the stock is only up 3% since January. With earnings around the corner on Aug. 11, could now be a good time to consider buying shares of Archer? Could it be overdue for a big rally? How Archer's stock has done after recent earnings reports In the past few years, it's been a bit of a mixed bag for Archer's stock performance after earnings. Newsworthy items and announcements, rather than financials, are what tend to move the stock -- especially since the company isn't generating any revenue. What earnings could help with, however, is putting more of a spotlight on this seemingly overlooked stock this year. For all its potential, the excitement around Archer seems to have cooled. And what might give the stock a boost is any positive developments related to its operations and progress it is making toward certification of its Midnight aircraft. High short interest could make it a volatile holding One factor to consider when investing in Archer is that its short interest as a percentage of float is high, at around 20%. Although that has come down of late, it signifies that there are still a lot of short sellers and people betting against the company and its ability to succeed in the eVTOL market. If the company doesn't provide investors with an encouraging update to suggest that it may be on track for its goal of producing two aircraft per month by the end of the year, or making progress related to Midnight's test flights in Abu Dhabi (which began in July), then that could be the fuel that short sellers need to help drive the stock down lower. On the flip side, if there are positive signs that the business is going in the right direction, then it may result in a short squeeze and the stock taking off in value. Should you buy Archer stock today? Archer is a risky stock to invest in, because the company isn't generating any revenue today and it has burned through $377 million over the trailing 12 months, just from its day-to-day operating activities. With more than $1 billion in cash and cash equivalents on its books, it's not in any danger of running out of money anytime soon. But its cash burn will likely accelerate significantly as it ramps up production of its aircraft. The stock could be a good way to invest in the eVTOL market but this is an investment that may only be suitable to investors with a high risk tolerance. Archer's business, while promising, remains unproven. Given how early the company is in its growth, I don't see any urgency to buy the stock before it posts earnings on Aug. 11, and unless it releases some exciting developments, I wouldn't expect it to soar afterward, either. However, if you are bullish on the company's future and OK with the risk and uncertainty ahead, you may still be better off investing in Archer sooner rather than later, given that the eVTOL stock does appear to be flying under the radar these days. Do the experts think Archer Aviation is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Archer Aviation make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,019% vs. just 178% for the S&P — that is beating the market by 841.12%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Is Archer Aviation Stock Due to Take Off After Aug. 11? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
44 minutes ago
- Yahoo
3 Reasons XPO Stock Could Take Off in the Second Half of the Year
Key Points XPO beat estimates on the top and bottom lines in its second-quarter report. After an earlier investment cycle, management expects capex as a percentage of revenue to start to decline. XPO was the only one of the three major LTL carriers to improve its operating ratio in the quarter. 10 stocks we like better than XPO › The stock of XPO (NYSE: XPO) was one of the biggest winners of the last decade, and the less-than-truckload (LTL) carrier has continued in recent years, as the stock has quadrupled since early 2023. Those gains followed the spinoff of both GXO Logistics and RXO, its former truck brokerage division. Like its peers including Old Dominion Freight Lines and Saia, XPO continues to face headwinds from a "freight recession" that has lasted for about two to three years as manufacturing activity and industrial production have mostly contracted during that time. Nonetheless, the carrier has found new ways to grow its bottom line and improve margins, and those trends were on display in its second-quarter earnings report. XPO clears the Wall Street bar In a difficult macro environment, XPO reported flat revenue at $2.08 billion, which topped estimates at $2.05 billion. Revenue in the core North American LTL business (carriers that specialize in transporting smaller shipments that don't require a full truckload) was down 2.5% to $1.24 billion, while its European Transportation segment rose 4.1% to $841 million. Tonnage was down 6.7% per day, but the company made up for the decline in volume with an increase in yield (or price) of 6.1%, excluding fuel. Price increases were driven in part by service improvements like reducing damage claims and improved on-time performance that have allowed the company to raise prices. And it has found growth in the local market, serving small to medium-size businesses in need of local transportation. XPO was the only one of the three top LTL carriers to improve its adjusted operating ratio, which is the inverse of operating margin, in North America, which fell 30 basis points to 82.9% (a lower ratio is an indication of higher efficiency). Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were essentially flat, falling from $343 million to $340 million, while adjusted earnings per share (EPS) fell from $1.12 to $1.05 as it lapped a tax benefit from the year before. That result still beat the consensus at $0.99. Investors seemed to shrug off the news as the stock was down slightly following the results and the earnings call, but XPO could please investors in the back half of the year. Let's take a look at a few reasons why. 1. Share buybacks are set to resume Historically, share repurchases have been a key tool for XPO to generate shareholder value, and it has deployed them effectively. The company began repurchasing its stock again in the second quarter, buying back a modest $10 million, and chief strategy officer Ali Faghri said in an interview with The Motley Fool that he expected those repurchases to pick up in the second half of the year, the time of year when it brings in the vast majority of its free cash flow due to the seasonality of its capital expenditures (capex). After years of ramping up capex to invest in new tractors, trailers, and terminals, the company expects capex as a percentage of revenue to start to decline, freeing up cash to invest in share repurchases and paying down debt. Both of those moves should help lift EPS as debt reduction will lower its interest expense, which ate up more than a quarter of operating income in the second quarter, and lowering shares outstanding will boost per-share earnings even if net income remains flat. 2. Nearshoring could drive growth in the industrial economy Growth in the LTL sector and for XPO in particular is closely tied to manufacturing activity in the country, and according to the ISM Manufacturing Purchasing Managers Index (PMI), manufacturing activity has been declining for most of the last three years. It's unclear if trade negotiations have had an impact so far on XPO's business, but Faghri was optimistic that the new round of tariffs could help encourage nearshoring, or the return of manufacturing to the U.S., which would be a boon to XPO since two-thirds of its business comes from industrial customers. More U.S manufacturing would drive demand for LTL transportation, and could fuel a boom in the industry after years of stagnation. 3. Its local business is accelerating Despite the overall headwinds in tonnage, XPO is finding growth in the local channel, where a combination of investing in a local sales force and improvement in service quality through lower damage claims and improved on-time percentages have helped it attract more local business. That segment grew by high single digits in the second quarter, according to Faghri. That's also a key strategic initiative for the company since those tend to be higher-margin customers. Over the longer term, XPO aims to grow its share of revenue from the local channel from 20% to 30%. That figure is now in the low-to-mid 20% range, indicating more runway ahead as it grabs market share in that segment. Overall, XPO remains on track to achieve the 2027 goals it announced in 2021, which include compound annual revenue growth of 6% to 8%, compound annual adjusted EBITDA growth of 11% to 13%, and a 600-basis-point decline in adjusted operating ratio, meaning it would improve to 81%. With three potential growth drivers for the second half of the year, XPO appears to be in position to deliver strong results for investors, even as the broader freight market is still weak. Should you invest $1,000 in XPO right now? Before you buy stock in XPO, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XPO wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Jeremy Bowman has positions in GXO Logistics, RXO, and XPO. The Motley Fool has positions in and recommends Old Dominion Freight Line. The Motley Fool recommends GXO Logistics, RXO, and XPO and recommends the following options: long January 2026 $195 calls on Old Dominion Freight Line and short January 2026 $200 calls on Old Dominion Freight Line. The Motley Fool has a disclosure policy. 3 Reasons XPO Stock Could Take Off in the Second Half of the Year was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
44 minutes ago
- Yahoo
Why Prime Video Is One of Amazon's Most Underrated Assets
Key Points Prime Video is no longer a cost center. Prime Video has more than 200 million viewers. Commerce, content, and ads are converging for Amazon. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) is best known for its sprawling e-commerce empire, dominant cloud infrastructure business, and its ever-growing Prime membership base. But quietly sitting inside this flywheel is a business with surprising strategic upside: Prime Video. For years, Prime Video was viewed as just another perk -- a nice-to-have feature bundled into the Prime membership. But that's changing. Between a new ad-supported model, a powerful position in connected TV (CTV), and seamless integration into Amazon's broader retail ecosystem, Prime Video is emerging as one of Amazon's most underrated growth engines. Here's why smart investors should start paying closer attention. Prime Video's strategic shift from perks to platform When Amazon first launched Prime Video, it wasn't trying to compete directly with entertainment companies like Netflix or Disney. Instead, it used video content to increase Prime subscriptions, drive loyalty, and reduce churn. The focus was to delight its e-commerce customers, and that strategy worked. Happy customers became more engaged, spending more time and money on the e-commerce platform. But what started as a defensive move has become a strategic pillar. Today, in addition to getting free content as Prime members, customers can also subscribe to third-party channels offered by partners under the Amazon Channel. Besides, Amazon made another pivotal move in January 2024: it began running ads on Prime Video, instantly unlocking a massive audience of over 200 million globally to advertisers. The streaming arm is also increasingly investing in originals, live sports, and localized content across global markets. In other words, Prime Video is quietly building up its ecosystem of services, positioning it well to evolve from a cost-center to a hugely profitable entity of its own. Amazon Ads and Prime Video Amazon Ads is one of the next growth frontiers for Amazon, in which Prime Video is going to play a major role. By rolling out ads across Prime Video by default in key markets, Amazon steps up its monetization efforts of its gigantic Prime subscriber base. Prime members can pay a small monthly fee to go ad-free, but most don't, turning Prime Video into one of the largest ad-supported streaming platforms globally. To put the opportunity size into perspective, Netflix has 300 million subscribers, of which 94 million use the ad-supported service. On the other hand, Disney+ has 126 million global paid subscribers. With more than 200 million viewers, Prime Video is already among the biggest streaming services provided globally. But Prime Video doesn't run an ordinary advertising business. Its ad engine taps into its vast retail data, letting brands target viewers based on actual purchase behavior. A viewer watching an online video might see a relevant sponsored product ad and buy it on Amazon without ever leaving the app. It's a frictionless loop that few competitors can replicate. Owning the connected TV stack Prime Video isn't just a content platform -- it's Amazon's gateway to the living room. And through its connected TV (CTV) footprint, Amazon is building an end-to-end advertising and commerce engine few can match. Amazon Fire TV, now with over 200 million devices sold globally, gives the company direct control over the connected TV hardware and software stack. This integrated approach allows it to collect first-party data, control the user experience, and serve ads more effectively than most CTV players. While traditional media networks are still figuring out how to merge streaming, commerce, and advertising, Amazon already has all three pieces in place. The implications are enormous. Advertisers not only reach an engaged, high-intent audience on Prime Video, but they can also close the loop through Amazon's retail engine. That kind of direct attribution -- seeing a sponsored ad on Fire TV, clicking through, and buying the product on Amazon -- is a marketer's dream. With increasing demand for measurable, performance-based advertising, this positions Amazon as a formidable player in the future of CTV. In other words, Prime Video plays a strategic role in Amazon's expanding ecosystem, in which commerce, content, and advertising converge to form a defensible business model that strengthens both the parts and the whole. Now is the time to take a closer look at Prime Video Investors often think of Amazon in silos: retail, cloud, advertising, logistics, etc. But the company's greatest strength lies in how these pieces connect. Prime Video may have started as a "nice-to-have" feature bundled into Prime, but it's quickly becoming one of Amazon's most powerful strategic assets. By bringing together entertainment, commerce, and advertising into a seamless flywheel, Amazon is building a future where Prime Video not only entertains--but drives growth across the entire business. It's time investors gave this overlooked asset a much closer look. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Lawrence Nga has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Netflix, and Walt Disney. The Motley Fool has a disclosure policy. Why Prime Video Is One of Amazon's Most Underrated Assets was originally published by The Motley Fool Sign in to access your portfolio
