Buoyed by blockbuster IPO, ESDS bets on AI chip rentals for $5 billion revenue in 5 years
A ipo & listings development with market-wide reach.
· LiveMint Companies
In an interview with Mint, CMD Piyush Somani laid out an ambitious AI chip rental strategy to drive growth. But compounding revenue 2.5 times every year remains a rare feat, even in tech.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Related coverage
Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPO
Atomberg Technologies IPO: Smart Fan-Maker Gets SEBI Nod For IPO, Plans Rs 450 Crore Fresh Issue
After IPO listing, Jio Platforms Q2 results 2026 announced: Check ARPU, profit, revenue, EBITDA, Subscriber Base details
Vijay Kedia's portfolio stock under ₹150: This textile stock adds ₹3.7 crore to his wealth since IPO; Do you own?
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself