Ann: Appendix 4E & Annual Report, page-170

The notion that this can fetch $3 billion USD is gamblers fallacy.

WD have their eye on this sure. But they also are developing several competing internal options.

if 4DS can't produce a significant benefit then this is dead in the water.

hiding behind their NDA with imec is certainly cause for concern. And truly convenient for 4DS to hide poor retention results. Not even mention of retention order of magnitude, anything would be reassuring for real serious investment.

and cycling endurance in the tens of millions or 10^7... Intel's Optane had cycling figures at 10^8 during development and in production they struggle to achieve 10^5.

fully expecting +12 months extension with imec to try and fix terrible retention.