Adeia's Disney Deal Boosts Revenue Forecast

Adeia, a tech licensing company, secured a major deal with Disney, boosting its revenue forecast and stock price. The company, known for inventing tech for content discovery and semiconductors, also won a patent case and is suing AMD. Analysts praise the deal, with a moderate buy rating and over twenty percent upside potential.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.