ACEV - ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market
- In January 2021, the Special Purpose Acquisition Corporation (SPAC) ACE Convergence Acquisition Corp. announced intent to acquire Achronix Semiconductor Corp.
- Since an initial run up, semiconductor supply chain concerns as well as the market rotation from growth to value stocks since have opened a window of opportunity for long positions.
- Achronix offers a superior long-term growth and profitability profile to peers due to its eFPGA product which offers significant exposure to secular megatrends such as AI and 5G.
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ACEV And Achronix Offer Fairly Priced Upside To The Red Hot Semi Market