Pax Silica Initiative: The U.S. is launching the Pax Silica initiative to strengthen supply chains for semiconductors and AI by forming agreements with eight allied nations, including Japan and the UK.
Inaugural Summit: The first Pax Silica Summit will take place at the White House on December 12, bringing together key partners that are crucial to the global AI supply chain.
Strategic Goals: The initiative aims to reduce dependencies on coercive sources, protect essential materials for AI, and enable aligned nations to develop transformative technologies collaboratively.
Historical Context: Pax Silica builds on previous efforts from the Trump administration and is part of the U.S. strategy to decrease reliance on China for critical minerals and technologies.
Wall Street analysts forecast LIT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LIT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast LIT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LIT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 72.530
Low
Averages
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Current: 72.530
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
