Is SKYT immune from the reduced demand of semiconductors.? Not entirely I am sure however they certainly remain upbeat as to future growth and earnings (extract from Q3 SKYT report below)
”While the overall semiconductor industry is experiencing softening business conditions, as we enter 2023, we at SkyWater believe our business is relatively decoupled from the drivers of overall macro weakness. This is due to our unique business model, in which R&D programs and strategic long-term investments drive the majority of our revenues, as well as our focus on end markets and applications that continue to experience strong levels of investment. Furthermore, we believe we are particularly well-positioned to benefit from the increased level of investments in the domestic semiconductor ecosystem that are expected to strengthen through the remainder of the decade.”
Nice play WBT, only pick the winners!!
Weebit - 2023 and beyond, page-23
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