That release is from October 22. And I interpret that language to be we will have it nailed soon.
Compare to this quote from August 24:
“We are developing new selector technology and it will take some time to get it working but once we have a new selector technology we might be more efficient, we are working on several and I don’t know which one will win. Some disengage from the transistor and theoretically allow you to go 3D. Right now though Weebit is so focussed on getting the 1T1R process with foundries. We are working on it in parallel but the top priority is anything that can bring agreements and revenue with the foundries, with the IDMs.”
No longer our selector (one!) but several and not sure which one will one. So implementation not just over the horizon.
This is to key to my concern.
I remember when I first invested, discrete was the target, but then there was a pivot to embedded was the way to got. Possibly even then because larger memory array were elusive.
Is this a replay and the technical hurdles will cause a pivot reducing the available market to embedded under 1Mbyte. So much smaller market than we might be anticipating.
WBT Price at posting:
$2.15 Sentiment: None Disclosure: Held
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