How Much Can Micron’s New Fabs Earn?

A project-by-project estimate of Micron’s expansion spending, mature cash generation, payback milestones, and investment returns.

How Many Chips Does Cerebras Need to Sell to Justify Its Valuation?

A unit-based estimate of the revenue, margins, and share of advanced wafer production implied by Cerebras’ current market value.

What Is a $1B Fund Equivalent to as a Business?

A rough translation from AUM into fees, carry, and comparable operating-business revenue, with a calculator for changing the assumptions.