A 6% rise in the SP so far in no way reflects the enormity of today's announcement ... even if the ASX is having a bleak day. Successful 22nm tape out at a tier 1 fab ... which of course would have its own large array of end-user customers ... is huge news and leaves only qualification to be completed before it can begin to be mass produced.
That we don't know the name of the tier 1 yet doesn't matter. It can only be one of around 8 companies that includes the likes of Samsung, Intel, GlobalFoundries and TSMC. That a tier 1 even consented to allocating part of its production line to transfer WBT's ReRam was huge ... and to now have confirmation of successful tape out even bigger. So why on earth would anyone sell a single share if they don't have to? Sorry, can't answer that one.
Not financial advice ... my opinion only
Weebit - 2023 and beyond, page-31
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Last
$3.06 |
Change
-0.110(3.47%) |
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Change
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