Intel $6bn acquisition of Mellanox !!, page-79

Great point about old fabs! You’re right, that will make WBT’s silicon oxide ReRAM solution even more appealing as cost (and getting to scale to reduce unit costs) is what governs success within chipmaking.

Intel’s 3D Xpoint was run at a loss, hence the fall out with Micron. So Intel is, in my opinion, **looking** for an alternative and one that can be rolled out **fast**.

Weebit, coincidentally, is looking for a key strategic partner, and having a large chipmaker like Intel as partner would allow Weebit to grow substantially as a company.

Dadi Perlmutter was No 2 at Intel and is Chairman of Weebit and is also a director of Israel-based Mellanox which reportedly has received a $6bn takeover offer from Intel only last week. Also announced last week is that Intel is spending $11B on a new Fab in Israel.

The State One analyst report from 30 Jan says Weebit has a risk-adjusted fair value of 6c right now. Right now we’re at 2.6c, and cash is a healthy proportion of market cap because our market cap is low because we were oversold due to seed sellers exiting (now ended) and the general tech sell-down of 2018 (now reversing).

Hope the above gives a good overview for new readers.

Opinion only, not advice, dyor etc