In the long term, I model a 5% CAGR above GDP trends, as 3D printing's declining cost curve should boost the addressable market. With a terminal growth of 3% and a WACC of 10%, I get a target price of ...

Another important fact is that PCs weren’t the ideal platform for playing games in 1993, when 3D graphics accelerators were expensive and hard to come by, and most of these chips were instead used in ...