Like most here I am very satisfied with the depth and detail of the update. Funnily enough, although I am ignorant about much of what AXE is doing, I do know that, broadly speaking, historically, conventional chip development from concept to completed product has been a relatively speedy process. A couple of years would suffice for most. But of course, we could expect the 12CQ to take longer as it’s a new beast altogether. I admit I was unaware of a “pecking order” amongst semiconductor fabricators and would-be customers. The Taiwanese mob must have seen something special in what AXE is developing to take them on, IMO.
Like some others I am deeply underwater in AXE (indeed, on EVERY SINGLE STOCK I have) and it’s painful to endure. Just have to have belief that eventually a paradigm-breaking product will be created. Or maybe Archer will be approached to sell out for a good sum.
Cheers. Have a good WE RE-reading the update! FHC
AXE Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held
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