This has been an amazing year for Inphi (IPHI),
as the market has woken up to not only the company’s strength in
physical layer technologies for the data center and telecom markets but
also its ability to execute on those technical capabilities. Looking
into 2020, Inphi has the chance to leverage 400G ZR, 200G/400G PAM4, and
its M200 coherent DSP into even larger addressable markets, keeping the
company on a trajectory to a served addressable market of $2 billion in
2022 against a likely 2019 revenue figure around $365 million.
Inphi’s
qualities are certainly no longer overlooked, with the shares up over
130%. While I realize that growth/momentum investors will not be
discouraged by valuation, it’s harder and harder to work the numbers to
support such a robust valuation.
Continue reading here:
Inphi Riding Great Data Center Momentum Into 2020
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