Fermi Could Be the Next SanDisk: The $17.50 Case for FRMI
· financefeeds.com
Fermi trades at $6.40 vs a $17.50 consensus target. The SanDisk re-rating says the trigger is contracted revenue, not commodity prices. Here's the math.
Fermi Could Be the Next SanDisk: The $17.50 Case for FRMI
The received wisdom about SanDisk is that it got lucky on a commodity. NAND flash went short, spot pr...