POET's 20000 sq ft fab.
Isn't that just 1/3 of American football field?
It's the same size of my house..
u/SoSKnZaZa — 4 days ago
Isn't that just 1/3 of American football field?
It's the same size of my house..
If Lumilens exits their entire position at the current price, they’ll walk away with 200m$in gross profit. Even after accounting for the 50m they spent on POET’s products, they’re still up 150m$. Doesn't it look like they got the products for free and were handed an extra 150m$. It's as if POET paid them to take the deal.
Maybe the reason behind Marvell's order cancellation wasn't the technology itself, but the durability . Since Celestial AI has been working with POET for quite some time without any apparent tech issues, the only remaining problem might be the product's lifespan.