Shares & Derivatives
[Paywall] AEM share price in US$280 billion funding
By SG Wealth Builder  •  October 16, 2023
Is it light at end of tunnel for AEM share price? The past two years had been an absolute nightmare for investors as the AEM share price crashed from a high of $5.26 on 31 December 2021 to the current $3.70 level. The correction of AEM share price was largely caused by the slowdown in the semiconductor industry. However, AEM share price appears to have bottomed recently as the counter rose 6.7% year-to-date. What could be the driving factor behind the recent revival of AEM share price? In my view, the recent spike in AEM share price could be attributed to events unfolding in a small Central American nation – Costa Rica, which is Intel’s only assembly and test operations in the WestOn 30 August 2023, Intel announced that it would invest US$1.2 billion in the Costa Rica plant over the next two years. Now, how would this affect AEM if you may ask? Let me provide my insights...
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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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