Crisis? What crisis? Following the Intel fiasco, AEM share price shrugged off all talks of impending crisis by staging a magnificent comeback after the announcement of a set of stellar 1HFY2020 financial results. But before AEM investors get carried away, dark clouds loom ahead that may derail AEM share price.
On 28 July 2020, it was reported that a group of US investors had filed a lawsuit against Intel for “failing to disclose material adverse facts about the company’s business”. The lawsuit alleged Intel for failing to disclose to shareholders that Intel had identified the defect mode in the 7-nm chip, resulting in the yield degradation.