Why the 4DS (ASX:4DS) share price is rallying today
Why the 4DS (ASX:4DS) share price is rallying today
The 4DS share price has increased 200% over the past year but it’s still under the radar of most.
Brendon’s passion for shares started by accident in 2003 and he has worked in various roles around capital markets ever since as a trader, stock analyst and markets reporter with the Australian Financial Review. Most of his wealth has come from share investing than any other asset class, and that has given him the financial freedom not to work full-time, if he chooses to.
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4DS Memory (ASX:4DS) share price lifts on patent news
Aaron Teboneras | March 17, 2021 2:14pm |
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4DS Memory Ltd(ASX: 4DS) share price is rising against the tide of today’s negative ASX market trend following its recent patent approval.
After flatlining all morning then surging 5.4% around midday, the memory storage provider’s shares are now swapping hands for 19 cents apiece, up 2.7% at the time of writing.
Patent update
After digesting the announcement, investors are gearing up momentum, pushing the 4DS Memory share price higher.
In today’s release, 4DS Memory advised that it has been granted an additional patent to add to its portfolio. Approved by the United States Patent & Trade Mark Office, this brings the company’s total number of granted patents within the US to 30.
ExtremeTech
Micron Ends 3D XPoint Development, Will Sell Its Optane Fab By Joel Hruska on March 17, 2021 at 2:01 pm
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Back in 2015, Micron and Intel announced the development of a new type of memory. Dubbed 3D XPoint (Crosspoint), the new type of memory offered endurance levels NAND flash couldn’t match and theoretically higher performance. Intel marketed its brand as Optane while Micron intended to launch its own QuantX products. Micron never actually shipped hardware to the wider public, and Intel has recently scaled back its own Optane efforts to focus on the enterprise.