Bullboard - Stock Discussion Forum POET Technologies Ord Shs POET

Primary Symbol: V.PTK

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... see more

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POET Technologies Ord Shs > New Press Release - POET Streamlines its Global Engineering Organization in Response to AI Market Demand

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Post by PressRelease on Aug 29, 2024 7:00am

New Press Release - POET Streamlines its Global Engineering Organization in Response to AI Market Demand

Schedules closing of Allentown, PA operation, saving US$2M annually TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and...read article.

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Comment by lscfa on Aug 29, 2024 12:41pm

Not material info. Just an attempt to stop stock price from falling.

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Comment by daytrader18939 on Aug 29, 2024 1:00pm

Aka nuttinburger

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Comment by prophetoffactz on Aug 29, 2024 3:25pm

If the CEO has credibility it is material. He left no room for doubt about what is going to happen. He said he "fully" expects. That is very strong language concerning the path forward as he sees it. The nature of the product and partners add credibility. "Dr. Suresh Venkatesan, Chairman & Chief Executive Officer of POET. “We fully expect that the partnerships and customers ...more

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POET Technologies Ord Shs