ARR per Chip: Average vs Marginal ($/Chip/Year)
ARR per Chip: Average vs Marginal ($/Chip/Year)#
The marginal yardstick sits above the average: each new chip carries more business than the installed average.Draft, pending review
How to read this chart
Marginal = new ARR ÷ new compute. Average = ARR ÷ cumulative compute.
Source: FinSight compilation and estimates · Updated 2026-08-31
↩ This chart lives on the paged1-arr-marginal-epoch-03