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Microsoft reported blowout earnings and showed that it's AI investments are paying off (Intelligent Cloud up 32% with Azure up 43%; and Copilot has 30mil users)! In other words, AI capex will continue!
Meta reported disappointing results but they're not AI cloud providers and known for failing (e.g. metaverse)
As always if you follow Uncle you too can gain unparalleled insights and predictions on the markets it is free forever Uncle promise
TP is more than 50 sen ?? Got 2 Contracts to test their Products.? Seems got factory in Suzhou China ? Since it's at ATH, worth to go in Uncle Wong ?? Same business as THMY ??
Hi Ee, Uncle seldom put a hard TP on a growth stock. That's because things are rapidly changing, if they win new contracts then how...
Instead you should focus on the downside, historically, where does the current share price sit? How does it compare to the all time highs (and their revenues will most certainly break the previous records); how does it compare to the other ATE companies (Vitrox, Mi, Penta etc who are at ATH or close to it..)
