POET Technologies Ord Shs V.PTK

Alternate Symbol(s): POET

Technology Semiconductors

POET Technologies Inc. is a design and development company. It offers high-speed optical engines, light source products and custom optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. Its photonic integration solutions are based on the POET Optical Interposer, a novel, patented platform that allows the integration of electronic and photonic devices into a single chip using wafer-level semiconductor manufacturing techniques. Its Optical Interposer-based products consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition, it has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. Its Optical Interposer platform solves device integration challenges across a range of communication, computing and sensing applications.

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POET Technologies Ord Shs > New Press Release - POET Technologies Issues Letter to Shareholders

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Comment by maestrodrumboeon Dec 09, 2023 10:25am

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Post# 35776175

RE:RE:New Press Release - POET Technologies Issues Letter to Shareholders

Yeah!! He did admit that in 2023 ,POET had a bit of a rough time..Really?
Poet stock is down around 80%, to 1.40 from as high as $7.00 back in early January,2023.
but not to worry folks..Shearholders Value is never determined by the SP.
Meanwhile the Nasdaq recorded almost a 40% Gain for the year to date.
How disgraceful is that?Suresh has NO Shame for taking this Company to the Brink of Bankruptcy..
He and Mika need only to look in the mirror and point their finger in that direction, if they are going to lay blame.IMO

The tech-heavy Nasdaq Composite has gained around 37% in 2023. The blue chip Dow Jones Industrial Average is up about 11% on the year. Not only have they rebounded dramatically, but the high-growth, cyclical technology, telecom and consumer discretionary sectors have been the top-performing S&P 500 sectors of the year.5 days ago