I went long $INDI 2 weeks ago and I'm up 20% on my original position already. Here's the setup in one line. Roughly $260M of expected revenue next year at high 50s gross margins post Wuxi, against a $900M market cap and $1.1B enterprise value. And that growth has real line of sight, driven by radar and rapidly accelerating vision revenue from the iND880. First off, some credit to @ThematicTrader, whose work and 1x1 with management is where a lot of this comes from. Notes at the bottom. The automotive story: Automotive chips normally take two to three years to qualify. Safety testing, validation, a Tier 1 that won't sign off until everything checks out. Management said some of their vision wins are closing in weeks. That doesn't happen because a part has better specs. It happens when
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