GCTS is Rolling out a new 5g chip. They have a partnership in place with Max Linear already. Announced they have a deal with a major satelite company, but no news on who yet. Amazon seems to be the best guess amongst the people following this stock. After years of cash burning to develop the chip, its time to start bringing cash in with the rollout of new chip.
Stock was as high as $3 recently and trading around $1.85 now. Earnings coming out on Aug 10 with possible news on who the partnership is with. $5 by end of August is possible with good news.
long 10k shares $2.25
[https://finance.yahoo.com/technology/articles/gct-semiconductor-holding-inc-business-105500597.html](https://finance.yahoo.com/technology/articles/gct-semiconductor-holding-inc-business-105500597.html)
