EnSilica set to more than double chip sales this year amid AI boom AIM-listed EnSilica expects its chip supply sales to more than double this financial year following a strong first-half performance.
Ian Lankshear, chief executive of EnSilica, also said the firm expects lifetime NRE and chip supply sales from these contracts alone to generate an additional £100million of revenues from 2027 onwards.
'The company estimates that designs from contract wins over the period will generate £100m in annual revenues over time, and therefore if contract momentum is sustained at or near this pace, 'Design and Supply' and 'Supply' revenues should scale into the triple figure £m mark over a number of years.
Forecast: EnSilica expects its chip supply sales to more than double this financial year following a strong first-half performance.
Dan Risdale, managing director for technology at investment research firm Edison Group, said: 'Looking longer term, contract wins for 'Design and Supply' and 'Supply' are the key yardstick for future growth.
