$PRSO Peraso Nasdaq: $PRSO focuses on 60 GHz and 5G mmWave technology, with a legacy IC memory line yielding a 70% gross margin through Q1 2025.

The mmWave technology market is valued at $3.4B, growing at 20% CAGR.

FWA CPE shipments surpassed Cable CPE in Q2 2024, with 5G mmWave FWA projected to grow 22%.

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