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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 58.56-1.1%12:21 PM EDT
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To: Elroy who wrote (2570)7/18/2022 6:33:51 PM
From: Maurice H. Norcott  Read Replies (1) of 2791
 
I don't know if it makes any sense but maybe SIMO isn't yet big enough to be of interest to a major Semi company in the dollar sense. I recently learned that one of the cigarettes/cigar brands I used to indulge in was discontinued by the parent company, the reason was it only earned $500mil a year as a boutique brand so it was deemed too small a contributor to the bottom line.
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