We recently published 10 Small Caps With Big Double-Digit Gains. Sealsq Corp. (NASDAQ:LAES) is one of the top performers of last week.
Sealsq saw its share prices jump by 18.57 percent week-on-week, primarily bolstered by the appointment of a new executive to lead its artificial intelligence efforts.
During the week, Sealsq Corp. (NASDAQ:LAES) announced the appointment of Ballester Lafuente as its new chief of staff and Group AI officer who will lead the integration of artificial intelligence into its businesses in a bid to drive operational efficiency, enable smarter process, and accelerate innovation across its semiconductor, public key infrastructure (PKI) solutions, Internet of Things (IoT), satellite, and post-quantum product lines.
Prior to joining Sealsq Corp. (NASDAQ:LAES), Lafuente served as the Head of IT Innovation at the International Institute for Management Development—a global business school where he led technology innovation strategy and workplace AI platforms.
In other news, Sealsq Corp. (NASDAQ:LAES) reaffirmed its revenue growth guidance of $17.5 million to $20 million for full-year 2025, or an implied growth of 59 to 82 percent from last year.
For next year, the company is targeting revenues to jump by 50 to 100 percent to be driven by the full effect of newly launched post-quantum chips, completion of its consolidation with IC’ALPS, and higher revenues from Quantix Edge.
While we acknowledge the potential of LAES as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
