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Tuesday, 07/23/2024 8:04:24 AM

Tuesday, July 23, 2024 8:04:24 AM

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TOMKiLA $NLST I like that! Wiz rejects Google’s $23 billion acquisition offer, eyes IPO instead

Why I like this news?

many shareholders expect netlist to sell to the first bidder just because we could see some cash and a decent valuation BUT here in finance the independent wins. netlist with its patents will become a direct partner of all 3 giants + probably also with the Chinese companies who are investing in DRAM products (see Huawei with HBM).

Netlist as an independent company could relist on the Nasdaq in the future at a super valuation, much higher than a sale to a giant. Never limit yourself because the memory business is one of the strongest and growing markets for the coming decades.

https://www.calcalistech.com/ctechnews/article/hjpwti2dr
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