The Start-Up Pursuing Wildly Different Applications.

 In the NAND application the technology claims to deliver a 30x reduction in die size and a 12X improvement in power consumption.

But then the Lyric technology has another application - web-searching. In this application it claims to be 1000X faster than x86-based systems.

Lyric is prepping a product for data centre usage.

It also reckons genome sequencing is another use to which the technology can be put.

This multi-pronged approach to using a generic technology is a miles more sensible approach for a start-up than the overly-focussed approach many modern start-ups take.

It may seem sensible to focus scarce resources on a market niche - but it can easily be the wrong niche.

If the seed is scattered  widely, it is more likely to find a fertile spot.

As for the excuse of  lacking resources to pursue multi-markets - look at Lyric getting the military to give it $20 million to develop an application.

Customers have always funded chip technology development - if it's promising enough.