WBT 4.46% $1.82 weebit nano ltd

Industry related on topic, page-743

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    Excellent find. Thanks for posting.

    "Amir also described the work underway to qualify Weebit’s ReRAM under extended automotive conditions. He mentioned the excellent results so far on temperature cycling provide a strong foundation for automotive qualification."

    Given GlobalFoundries supply agreement with GM ... ramifications of successful automotive qualification for WBT could be substantial.

    “We see our semiconductor requirements more than doubling over the next several years as vehicles become technology platforms,” said Doug Parks, GM executive vice president of Global Product Development, Purchasing and Supply Chain. “The supply agreement with GlobalFoundries will help establish a strong, resilient supply of critical technology in the U.S. that will help GM meet this demand, while delivering new technology and features to our customers.”

    https://gf.com/gf-press-release/globalfoundries-and-gm-announce-long-term-direct-supply-agreement-for-u-s-production-of-semiconductor-chips/
 
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