Enovix Corporation (ENVX), an advanced silicon anode lithium-ion battery developer and manufacturer, rose by 33.9% to $16.25, reaching a new intraday high since August 2023. The company has reached an agreement with a technology company in California, USA, to supply it with silicon batteries and battery packs suitable for a hybrid headset. Analysts at JPMorgan and William Blair stated that the agreement verifies Enovix's battery technology, and estimated that the client may be Apple or the metaverse company Meta Platforms.