WBT 0.49% $2.06 weebit nano ltd

True but not all media are looking at it that way. Gurus on the...

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  1. 1,449 Posts.
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    True but not all media are looking at it that way. Gurus on the Money channel believe there might be a bounce early next year and are more bullish for the Aussie sector than the American. Trade talks and interest rates will be closely watched. But even through times of doom and gloom there's always those niche markets, or companies within those markets, that do well. AI and the IOT will be huge. Just think of the farming sector - worldwide. Little gadgets monitoring everything from water flow at the trough, to the locality displaying chips embedded in an animal's ear tag. And that's one industry.


    There must be a very good reason - or reasons - for why Weebit have decided to pursue embedded rather than the chip. I'd presume it's because the AI market has taken to Weebit's technology and that they both must already be deep into their discussions. The fact that Weebit have stated their position publicly certainly implies this.


    There's no doubt in my mind that AI and the IOT are a big part of our technological futures. Very much looking forward to see what part we'll the taking in this.      

 
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