Right-hand column, page 5 of the PDF: "The current size of the ReRAM market may seem insignificant to the big memory players like Samsung, Micron and SK Hynix, but the projected growth of the “flash flood” looms as a transformative opportunity. Even assuming Weebit Nano is able to command only one-third of the total ReRAM market by 2030, it would have a revenue-generation potential more than $300 million, equivalent to the company’s stock market capitalization in U.S. dollars today."
Clearly this report assumes $2.9B Embedded NVM, and $1B for ReRAM, and $300M for WBT are Revenue figures, not a market size where 1.5% is then applied. So the confusion is in the term "market size" being used interchangeably with "market revenue". Which is it?
WBT Price at posting:
$8.69 Sentiment: Buy Disclosure: Held
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