With the markets in a sudden sharp downtrend, its important to take a reality check and remember that WBT's progress on commercialisation is going full steam ahead, as shown in that key update 5 days ago (below). This tape-out is a big step forward. Nothing has changed in the fundamentals or direction of the company, we are just seeing external market forces that are impacting general investor sentiment.
"Weebit Nano Announces Tape-Out of ReRAM module in BCD process with DB Hitek
31/07/2024 8:31AM
Weebit Nano announced Tape-Out of ReRAM module in BCD process with DB Hitek. The integrated demo chips will be used for testing and qualification ahead of customer production, while demonstrating the performance and robustness of the Company's technology. This important milestone in the collaboration between the Company and DB HiTek (previously announced on 19 October 2023) was completed on-schedule as part of the technology transfer process. The companies are working to make Weebit ReRAM available to DB HiTek customers for integration in their systems on chips (SoCs) as embedded non-volatile memory (NVM), and aim to have the technology qualified and ready for production in the second quarter of the 2025 calendar year."
All IMHO, DYOR
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