AXE is 'working with' and 'closely working with'. GlobalFoundries.
1. Am happy AXE is going to be very hands-on and not using the 'collaboration' word just yet. 2. AXE is using access to fabs to work out a way to integrate its qubit material only at this stage 3. No details of IP vendor (AXE) and Foundry (GF) agreement yet 4. Welcome to the US semiconductor industry which can be like a daily soap with its takeovers, spin-offs, rumours, which all help to bring things into the financial press. GF is a spin-off of AMD and there were rumours Intel wants to buy GF foundries rather than build its own from scratch. 5. Qualcomm is a major client of GF. Lots of smartphone chips designed 6. GF lists plenty of IoT, edge inference, AI, ultra low power, low noise, wireless chips, so they will know a thing or two about how best to design the 12CQ into a mass produced chip 7. AXE has entered the world of mass market chips. Finally.
Stay tuned,
AXE Price at posting:
79.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)