Peraso is trading at $0.50, up 5.65%, as semiconductor and AI momentum supports smaller chip stocks during Tuesday’s session.

  • Peraso is presenting 60 GHz mmWave drone-communications technology at London’s UAV Technology Conference on September 22.
  • The announcement was issued September 11 and does not explicitly link the presentation to today’s move.
  • No fresh earnings, acquisition, or other company-specific catalyst was identified.