Semiconductor related info

As stated by Mana - as to not upset him and cause further polution to informative threads ive started this one to attain information regarding the industry WBT is in and what future implications or possibilties are to come in the future.

I want to start with this article of significant relevence towards capitol investments foundries are making in the coming years.

https://www.cnbc.com/2021/04/02/globalfoundries-ceo-on-semiconductor-shortage-and-ipo.html

GlobalFoundries, the third-largest foundry, is planning to invest $1.4 billion in its chip factories this year, and will likely double that investment next year

Taiwan-based TSMC, the biggest company in the space with a 54% market share, said on Thursday it plans to invest $100 billion over the next three years to increase its capacity to meet demand.


Intel, which designs and manufactures its chips, announced on March 23 it plans to become a foundry and manufacture chips for other companies. It’s investing $20 billion U.S. chipmaking plants.


The semi industry going into Covid was projecting a 5% annual growth rate for five years. We’re projecting that to almost double now,” Caulfield said. “It’s not a one-time thing. It’s a structural shift, that the pervasive need for semiconductors is accelerating.”

Make what you will with the information attached but there is likely to be a large shortage within a multi billion dollar industry that requires future proofing and billions of dollars in capitol investment.

Big industry about to get bigger and Wbt are on the forefront of new tech to be developed and integrated into this market.

Future growth was proposed at 5% but now to be doubled also places Wbts growth once the board has cracked the market at an incredible 'accelerated' speed. Commercial agreements will come flooding in.

I percieve the time is right and we're in the right place.

Good luck LTHs and welcome aboard all new comers to the prodigy that is Weebit Nano.

P.s - the hammer and low volume in the last week in the charts suggest we have found our next low at 2.30 and are now headed higher imo.