Shares & Derivatives
[Paywall] AEM share price rocked by Intel
By SG Wealth Builder  •  July 26, 2020
AEM share price suffered an explosive meltdown on 24 July 2020 followings news of Intel’s announcement of delay in production of 7nm-based CPU for about 6 months. The bombshell revelation caused AEM share price to drop by as much as 7% the next trading day. Is this the beginning of the end for AEM share price or should investors buy on the dip? AEM share price to rocket to $5.00? AEM share price in fist of fiery AEM share price to rock and roll with Singtel? AEM share price to sink or swim with Huawei ban? AEM share price to hit $50 on NASDAQ listing? AEM share price in explosive bull run! To be fair to Intel, the 2Q financial result was actually quite decent as revenue increased by a staggering 20% year-on-year to reach USD19.7 billion. This performance exceeded most analysts’ predictions. On the basis of Intel’s stellar results, I expect AEM’s upcoming 1HFY2020 financial result to be robust as well, thereby turbo-charging AEM share price....
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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