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home / news releases / POET - POET: 2024 Could Be The Year For The Tide To Turn

POET - POET: 2024 Could Be The Year For The Tide To Turn

POET Technologies Inc.

2024-02-16 07:20:25 ET

Summary

  • POET Technologies has developed the world's first wafer-level optical interposer, with strong interest from data center customers and series production ramping up.
  • The company also aims to deliver photonics solutions for the AI market and has signed a partnership and sales agreement with Celestial AI.
  • It expects a $19 billion TAM by 2029 and plans to expand into other markets such as LIDAR and AR/VR.
  • Considering the technological potential, the stock appears cheap and has multi-bagger potential but the company needs to strengthen its cash position while keeping dilution at acceptable levels.

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For further details see:

POET: 2024 Could Be The Year For The Tide To Turn
Stock Information
Company Name: POET Technologies Inc.
Stock Symbol: POET
Market: NASDAQ
Website: poet-technologies.com
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