BZAI
Blaize Holdings, Inc. provides artificial intelligence (AI)-enabled edge computing solutions. Its portfolio includes programmable AI processors for deployment across multiple verticals, including ente...
Assessing Blaize Holdings (BZAI) Valuation After Nokia AI Inference Memorandum Of Understanding
The article discusses the valuation of Blaize Holdings (BZAI) following a Memorandum of Understanding with Nokia. It notes the stock's recent poor performance despite the news, attributing it to funding needs (a new $250m shelf registration). It frames Blaize as a 'high upside, high uncertainty AI edge play' with a fair value estimate of $7.80, significantly higher than its trading price of $1.75. The investment thesis hinges on scaling contracts and a richer hardware mix, supported by ~$160 million in contracted revenue visibility over the next six quarters. However, it also highlights risks related to ongoing net losses and a sharp drop in gross margin.