Anyone watching Fabric AI (FABC)?
Fabric.AI (Nasdaq: FABC) recently completed a strategic pivot, transitioning from digital assets into a fabless AI semiconductor and data center infrastructure company. Obviously, feels like someone just trying to ride the latest hype. But they have partnered with Kopin (KOPN), which looks like a small but legitimate company. Their idea, microled for optical interconnect, also does make sense (vs. copper and vs. laser) if possible.
What are people's thoughts?
Why did Kopin not do this directly? And partnered with Fabric AI?
It shows up as market cap of 20mm. Is this right? Looks like lots of converts, preferred shares. Not sure if this is the right metric to even look at.
u/Honest-Singer-8837 — 1 day ago