zeebOt, thank you for that. In looking at an article regarding the ARM deal from the Wallstreet Journal, it appears that ARM's annual revenue is about $2billion, which is great to know as it validates my valuation multiple of 20X (20X $2billion = $40B valuation)
Having said that, if your "chips shipped number is right and will multiply times 4 quarters, that's about 25 billion chips and the price of the chip would not be $15. It would be about $0.08 per chip. Wow!!! that is cheap. But, that is from licensing, but I believe most of BrainChips revenue will be through licensing/IP as well.
So that means to get to a $25 share price we would need to be selling 25Billion chips annually. Formula ($0.08 per chip X 25 billion chips = $2 billion in revenue) then ($2B in revenue X a 20X multiple = $40B valuation) then ($40 billion valuation / 1.6B shares = $25)
BRN Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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