$QCOM latest Chip to have Silicon Battery. Only one co in the world can do this $ENVX

- Qualcomm's latest Snap Dragon chips (SD8 Gen4) will utilize Silicon Batteries for increased power - Enovix is the only company capable of producing Silicon Batteries - Stock ticker for Enovix is $ENVX - Qualcomm is unveiling the Snapdragon 8 Gen 4 chipset for top-of-the-line smartphones - The new chipset includes silicon batteries for increased battery capacity and LPDDR5T memory for faster performance - Integrating these technologies will increase costs for manufacturers, potentially leading to higher retail prices for smartphones - The Snapdragon 8 Gen 4 chipset promises superior performance but may pose challenges in balancing costs and market competitiveness - Qualcomm's CEO hinted that the new chipset will be pricier than its predecessor, the Snapdragon 8 Gen 3.

🚨 Reddit sentiment: mixed - Comments indicate a mix of bullishness due to potential movement in stock price and new developments, but also confusion and disputes about the technology and other contenders. Summarized comments: - There is confusion about which company developed the silicon battery technology. - Some believe the technology is attributed to Enevate, not Enovix. - $ENVX is heavily shorted and may see a large move up before earnings if the rally continues. - The stock is very volatile and has already seen a significant increase. - $ENVX's Fab2 grand opening is on August 8th in Malaysia, considered bullish news. - Mixed opinions exist about companies using 100% active silicon anode for their batteries. - Some users claim Amprius also uses 100% active silicon anode technology. Stock tickers discussed: $QCOM, $ENVX, $NVVE