US tech and the NASDAQ slid Tuesday with Oracle and Apple disappointing the crowd. Personally I view most of what NASDAQ represents as old and will have to give way to the Quantum Leap. iPhone15 has hit a brick wall. Nothing more to innovate. The AI sensation is based on old tech that NVIDIA has expertly leveraged and this too will have to find a better way. The semiconductor supply chain is stuck with massive investment in the old ways. Will take a while to unwind, de couple and engage with quantum hardware.
AXE has an interesting conundrum - embed 12CQ in consumer electronics like a smartphone and try to cash in on volume of sales or license the IP to forward thinking like minded smaller companies, defence contractors or continue with a plan to bring a quantum electronic device to market with a strategic partner.
IMO it's perfect that the 12CQ is not quite ready to sell to current big tech. Timing is a very big factor. It's time I'm investing while waiting for the shift to quantum to happen. When suddenly everyone will want quantum and want it yesterday, I had it yesterday and today.
But for now I ignore the SP which is currently a sentiment indicator of the old tech
AXE Price at posting:
45.5¢ Sentiment: None Disclosure: Held
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