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Intel said to consider 'significant increase' in Vietnam, expand existing plant Intel $Intel(INTC)$ is reportedly giving thought to making a "significant increase" in its existing investment in Vietnam to add further production at its chip testing and packaging plant. The potential increase in investment could be worth as much as $1B, Reuters reported, citing sources familiar with the matter. Intel (INTC) has previously invested $1.5B in the country. Intel (INTC) has an existing plant in Ho Chi Minh City, which is the company's largest chip packaging and testing factory. One of the sources added that Intel's (INTC) increased investment could be made over several years and could grow to more than $1B. Another source added that Intel (INTC) may
Movement toward B2B payments, a historically under-penetrated sector for payment processors.Strong background for growth in megatrends, 15% 5-year-CAGR expected for eCommerce.#1 player in card issuance, top 5 in payment processing globally.Expecting 6% company-wide revenue growth in 2023, and 15% growth in merchant solutions.Investment ThesisGlobal Payments$Global Payments(GPN)$ is an omnichannel payment processor with 4 million customers across 100 countries. 4Q22 saw many moving parts for GPN, focusing on a shift toward capturing some of the estimated $125 trillion B2B (business to business) payment processing market. This included acquiring EVO payment processing and divestiture from the Casino Gaming business.GPN’s share price has bee
I want to make sure that I said it here again, a further expansion of wave (v) is ABSOLUTELY POSSIBLE. In order to sustain this bullish wave (5) alternative, bitcoin needs to massively retrace back above 25'000$ and from there on anything above 26K is possible.Everything important is marked on the chart, feel free to ask questions if something may be unclear.The market may have lost momentum and as of now it may look like we established the top of the big wave (i), but just keep in mind that especially in crypto, wave 5 impulses can expand drastically. The upcoming days should clear things up, and we will update you guys about this in time.Personally, I wouldn't be surprised if the whole market could expand further, and therefore we won't close any positions in bitcoin or other cryptocurre