Just today I got an email from an investing company that I use that it is starting to ditch Intel. This prompted some reading which led me to believe that there is a very good chance that Intel could be a partner announced this year, or possibly a buyer of WBT. Since last year there has been concerns on Intel not innovating useful products fast enough. According to MF's article this is because Intel's innovations are not economical to manufacture. Additionally, Intel is only manufacturing for themselves, they can’t compete as ferociously as AMD or Taiwan Semiconductor.
Even Apple is ditching Intel as they think Intel's future is not looking bright.
Surely Intel has had conversations with WBT already given Dadi Perlmutter's connections. WBT is directly addressing the problems that Intel is experiencing - a wide array of applications and cheap manufacturing. We have an all-star BOD so they will surely pull this off. WBT may well make a lot of people rich in the future, hopefully management pulls it off. I think I need to buy more shares.
A few links below but if you do some Googling you will find plenty.
https://www.fool.com/investing/2018/04/18/dont-be-ridiculous-of-course-intel-is-innovating.aspx
https://blog.spaceshipinvest.com.au/sensation-seeking/
http://parnell-eng.com/cpu-trends-apple-is-moving-on-from-intel-because-intel-is-not-innovating/
Did anyone else find it strange that they voluntarily escrowed only until 31 March 2019 and not longer?
All IMO
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$3.19 |
Change
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Mkt cap ! $353.2M |
Open | High | Low | Value | Volume |
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2 | 7000 | 1.915 |
3 | 23879 | 1.910 |
3 | 4434 | 1.905 |
25 | 104490 | 1.900 |
Price($) | Vol. | No. |
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1.945 | 4000 | 1 |
1.950 | 2979 | 1 |
1.955 | 2979 | 1 |
1.960 | 2979 | 1 |
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