- Relative to the multiple ams should get under normal situations, considering both ams and Osram's near-term prospects, the market continues to assign a steep discount to these shares.
- Rumors will not go away that ams is going to lose its front-facing 3D structured light iPhone business, with the most popular theories assuming STMicro will get it.
- Opportunities like BOLED ASV and structured light, a comprehensive ToF solution, auto lidar, and mLED are all promising, but unproven with respect to actual orders and revenue.
- If ams keeps the Apple business, the shares are substantially undervalued, but there is still near-term downside risk if they don't, making the shares a high-risk, high-reward opportunity now.
For further details see:
With Outsized Business Uncertainty, The Market Still Basically Hates ams AG Right Now