Quick Read AI data centers will consume 70% of global HBM production in 2026. Device makers are cutting output and raising prices. Micron’s stock surged 312% on HBM shortages that gave memory makers pricing power. Retail prices for some HBM have jumped nearly 7-fold since October. The HBM market will grow from $4B in 2023 to $130B by 2030. Bloomberg forecasts Micron capturing 25% of it. Investors rethink 'hands off' investing and decide to start making real money When it comes to electronic devic ...

Financial Data and Key Metrics Changes - The company reported record revenues of $12.3 billion and non-GAAP earnings per share (EPS) of $3.50 for fiscal Q1 2026, with non-GAAP EPS at the high end of guidance [5][17] - QCT revenues reached a record $10.6 billion, with strong year-over-year growth across automotive and IoT segments [17] - Licensing business revenues were $1.6 billion, with an EBT margin of 77%, driven by higher units and favorable mix [17] Business Line Data and Key Metrics Changes - QCT handset revenues reached a record $7.8 billion, benefiting from recently launched flagship smartphones [17] - QCT IoT revenues grew 9% year-over-year to $1.7 billion, driven by demand across consumer and networking products [17] - QCT Automotive revenues grew to $1.1 billion, up 15% year-over-year, reflecting increased demand for Snapdragon Digital Chassis platforms [17] Market Data and Key Metrics Changes - Global consumer demand for handsets, particularly in the premium and high-tier segments, exceeded expectations, with healthy sell-through observed [5] - The handset industry is expected to face constraints due to memory availability and pricing, particularly DRAM, as suppliers redirect capacity to meet AI data center demand [5][6] Company Strategy and Development Direction - The company is focused on expanding its presence in the premium and high-tier smartphone segments, with a dual flagship product strategy that has seen broad OEM adoption [6][7] - The company is also investing in AI-native smartphones and intelligent wearables, positioning Snapdragon platforms as the choice for the industry [7][8] - In automotive, the company aims to reinforce its technology leadership with multiple design wins and collaborations with major automakers [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fundamentals of the handset business despite near-term challenges related to memory supply and pricing [19] - The company anticipates returning to prior growth trajectories for QCT handset revenues once memory supply normalizes [19] - Management remains optimistic about the long-term growth potential in automotive and IoT, with expectations for continued revenue acceleration [21] Other Important Information - The company completed the acquisition of Alphawave Semi, enhancing its high-speed wire connectivity technologies [15] - The company is actively engaging with leading hyperscalers and cloud service providers to develop data center solutions [14] Q&A Session Summary Question: What factors are driving the weakness in handset outlook beyond memory pricing? - Management indicated that the weakness is entirely related to memory availability, with strong microeconomic indicators and handset demand observed [26][27] Question: Is the automotive revenue growth driven by ADAS wins? - Management confirmed that the automotive pipeline continues to translate into revenue, with new car launches contributing to record revenues [29][30] Question: How is the company managing the memory supply situation? - Management clarified that they do not purchase memory directly but work closely with customers who do, ensuring flexibility with various memory providers [69][70] Question: What is the outlook for the data center business? - Management stated that progress is on track, with positive feedback from engagements with hyperscalers and cloud service providers [35][36] Question: How does the company view the impact of memory shortages on the overall handset market? - Management emphasized that the size of the handset market will be determined by memory availability, with expectations for premium and high-tier segments to remain resilient [40][76]

Core Insights - ASUS has been recognized by Corporate Knights as one of the "Global 100 Most Sustainable Corporations" during the World Economic Forum, highlighting its long-term commitment to sustainable development [3][4] - The company's sustainability strategy encompasses four pillars: Climate Action, Circular Economy, Responsible Manufacturing, and Value Creation, demonstrating its integration of sustainability into core operations [4][5] Sustainability Performance - 56% of ASUS's global operations are powered by renewable energy, and the carbon emission intensity of key suppliers has decreased by 28% compared to the base year [5] - Revenue from eco-friendly products reached 89% as of 2024, and ASUS achieved a Double 'A' rating in the 2025 CDP for both Climate Change and Water Security [6][5] Product Innovation - The newly launched ExpertBook Ultra incorporates up to 90% recycled materials and integrates the ASUS Digital Product Passport framework, showcasing the company's commitment to sustainable design [8][9] - The product also adheres to the Product Environmental Footprint methodology, allowing for transparent tracking of environmental impact across multiple indicators [9] Governance and Recognition - ASUS has received recognition from the Asia Sustainability Reporting Awards for its transparent governance, with its Climate-Related Financial Disclosure Report earning a Platinum Award [10] - The company plans to continue its sustainability strategy with a new five-year action plan aimed at leading the industry towards a stable and sustainable future [11]

ASUS continues to demonstrate its global competitiveness through acknowledged excellence in innovation, social responsibility, and product qualityKEY POINTS Consistent Excellence: 11th inclusion on Fortune’s World’s Most Admired Companies list, recognizing company's innovativeness, product quality, and more Design Thinking Ethos: Accolade highlights the ASUS commitment to user-centricity, prioritizing customer satisfaction to drive growth and deliver real value Ubiquitous AI. Incredible Possibilities: ASUS ...

Core Insights - ASUS has been recognized as one of the Top 100 Global Innovators for 2026 by Clarivate, highlighting its commitment to innovation and technology through its extensive patent portfolio [3][6][4] Group 1: Innovation Recognition - The Top 100 Global Innovators list acknowledges companies that excel in innovation, with ASUS being noted for its influential patents and market success [3][4] - ASUS showcased its innovative products, including the Copilot+ PCs and new laptop models like the Zenbook DUO and ExpertBook Ultra, at CES 2026 [3][4] Group 2: Patent Portfolio - As of Q3 2025, ASUS has secured a total of 9,761 patents globally, covering various fields such as communication standards, cybersecurity, AI technologies, and IoT solutions [4][6] - In 2025, ASUS was awarded 342 patents globally, with 139 patents obtained in Taiwan alone [5][6] - The company has declared a total of 416 Standard Essential Patent families with the European Telecommunications Standards Institute, indicating its strong position in telecommunications [6][7] Group 3: Commitment to R&D - ASUS emphasizes user-centric design and is expanding its patent portfolio into emerging fields like 5G SEPs and AI, reflecting its ongoing investment in research and development [4][6] - The company employs a team of 5,000 in-house R&D experts, reinforcing its reputation as a leader in technology innovation [11]

Core Insights - ASUS has announced the availability of its AI-powered laptops, Zenbook S16 and Zenbook 14, in Canada, featuring advanced AMD Ryzen AI 400 Series processors and designed as Copilot+ PCs [3][18]. Product Overview - The Zenbook S16 (UM5606GA) and Zenbook 14 (UM3406GA) are designed for a wide range of premium mobile users, from creators to professionals and students, emphasizing performance and portability [4]. - Both models are powered by the AMD Ryzen AI 7 445 processor, offering up to 50 TOPS of NPU performance for efficient on-device AI computing [5][12]. Zenbook S16 Features - The Zenbook S16 is ultra-thin at 1.1 cm and weighs 1.5 kg, featuring a 16-inch 3K 120Hz ASUS Lumina OLED display with a peak brightness of up to 1100 nits [5][9]. - It incorporates ASUS' Thincredible thermal architecture, allowing sustained power in a slim design, with a 28W CPU TDP and an 83Wh battery for long productivity hours [7]. - The laptop includes advanced security features such as ASUS Voice Print technology and Windows Hello facial recognition [10]. Zenbook 14 Features - The Zenbook 14 is lightweight at 1.2 kg and 14.9 mm thin, designed for users who prioritize mobility without sacrificing performance [12][13]. - It features a 14-inch ASUS Lumina OLED display with up to 600 nits peak brightness and a 75Wh battery for all-day productivity [15][18]. - The device meets MIL-STD-810H military-grade standards, ensuring durability for daily use [13]. Pricing and Availability - Both laptops are available for pre-order starting January 22, 2026, with shipments expected on February 3, 2026. The Zenbook 14 starts at C$1,599 and the Zenbook S16 at C$2,299 [18].

Core Insights - The global PC shipments are projected to grow by 9.6% year-over-year in Q4 2025, reaching 76.4 million units, marking a strong end to a turbulent year for the PC market [1][5] - Factors influencing the PC market include the end of Windows 10 support driving upgrade demand, uncertainties around tariff policies leading to preemptive inventory stocking, and a tightening memory supply impacting pricing and availability [1][2][4] Market Overview - The PC market is expected to experience significant volatility in the coming year due to rapid changes in the memory market, with potential price increases and adjustments in average memory configurations to extend existing inventory usage [2][4] - The average selling price (ASP) of PCs is anticipated to rise in 2026 as manufacturers prioritize mid-to-high-end product supply to cope with increasing component costs, particularly memory prices [4] Company Performance - Lenovo led the market in Q4 2025 with shipments of 19.3 million units, capturing 25.3% market share, reflecting a 14.4% increase from Q4 2024 [5] - HP Inc. and Dell Technologies followed with shipments of 15.4 million (20.1% market share, up 12.1%) and 11.7 million (15.3% market share, up 18.2%) units respectively [5] - Apple and ASUS reported shipments of 7.1 million (9.3% market share, up 0.2%) and 5.4 million (7.1% market share, up 10.9%) units respectively [5] Yearly Shipment Data - Total PC shipments for 2025 reached 284.7 million units, an 8.1% increase from 263.3 million units in 2024 [6] - Lenovo maintained a leading position with 70.8 million units shipped in 2025, holding 24.9% of the market, while HP Inc. and Dell Technologies shipped 57.5 million (20.2% market share) and 41.1 million (14.4% market share) units respectively [6]

Core Insights - GoPro, Inc. and ASUS have launched the ASUS ProArt GoPro Edition laptop, designed specifically for mobile content creators, enhancing the workflow from action capture to editing without changing tools or setup [1] - The laptop will be available globally in Q1 2026, with U.S. availability in Spring 2026 [1] Product Features - The ASUS ProArt GoPro Edition features a 13-inch touchscreen, a 360-degree convertible chassis, and weighs only 1.39 kg, making it ultra-portable and durable for travel [2] - The device is equipped with AI-powered performance for smooth editing of high-resolution and 360-degree GoPro footage, reducing rendering delays [3] - It includes StoryCube, a Windows application that integrates GoPro Cloud access with 360-degree video management, automating media sorting and providing quick access to GoPro Player [4] Strategic Direction - The collaboration between GoPro and ASUS aims to create a unified platform for creators, signaling a shift towards creator-centric computing [5] - GoPro plans to diversify its product lineup in 2026, introducing the new GP3 processor to enhance performance and set industry benchmarks [6] - The company anticipates year-over-year growth in units and revenues for 2026, with a projected 5% increase in subscription ARPU and an expected 2-2.4 million subscribers [7] Market Performance - GoPro's shares have increased by 34.5% over the past year, outperforming the Audio Video Production industry's growth of 21.5% [8]

Core Insights - ASUS has been recognized with eight CES 2026 Innovation awards, showcasing its leadership in technology innovation across various categories including AI, sustainability, and gaming [3][4][5] Product Innovations - In the Computer Hardware & Components category, ASUS received awards for two laptops and one motherboard, emphasizing their high-performance systems that enhance productivity for professionals, creators, and gamers [4][5] - The ASUS Zenbook A16 (UX3607) is highlighted for its portability and power, featuring a 16-inch 3K OLED display and weighing just 1.2kg [5] - The ASUS Zenbook DUO (UX8407) redefines dual-screen laptops with advanced AI capabilities and a lightweight design, weighing only 1.65kg [12] - The ROG Crosshair X870E Glacial motherboard is recognized for its extreme performance and AI optimization, supporting next-generation overclocking [8] Sustainability Efforts - ASUS Zenbook S14 (UX5406) exemplifies the combination of performance and sustainability, featuring an eco-friendly Ceraluminum™ design and advanced technology [10] - One ASUS laptop won an award in the Sustainability & Energy Transition category, focusing on energy-efficient design and durable materials [9] AI Integration - ASUS is building an end-to-end AI experience, with products like the Zenbook DUO and Zenbook S14 showcasing intelligent AI features that enhance user productivity [4][11] - The ASUS ProArt GoPro Edition (PX13) laptop is designed for creators, featuring AI-enhanced editing capabilities and a lightweight, durable design [7] Gaming and Content Creation - ASUS ROG is recognized as the No.1 OLED gaming monitor brand globally, with the ROG Swift OLED PG27AQWP-W monitor designed for elite gaming and content creation [14][15] - The ASUS ProArt Display OLED PA27USD monitor is awarded for its advanced display technology, supporting professional-grade color accuracy and HDR experiences [17] Peripheral Innovations - The ProArt CaliContrO MCA02 is a compact calibrator and control tool designed for professional creators, offering precise color accuracy and efficient workflows [19][18]

Core Insights - ASUS has unveiled its 2026 commercial portfolio at CES, featuring AI-powered devices and software aimed at enhancing business productivity and hybrid work environments [2][10] Group 1: Product Offerings - The flagship product, ASUS ExpertBook Ultra, is designed for modern professionals, emphasizing powerful performance and enterprise-grade security [3][4] - The ExpertBook Ultra features a lightweight design at 0.99 kg, powered by the Intel Core Ultra Series 3 processor, delivering up to 50 TOPS of NPU AI performance [5][7] - The Expert P and B series laptops and desktops are tailored for hybrid work, offering flexible and secure business solutions with advanced AI capabilities [10][12] - ASUS MyExpert is an AI-driven platform that enhances productivity through features like AI Chat and automated follow-up lists [14][23] - The new ASUS Chromebooks are designed for durability and versatility, suitable for work, learning, and entertainment [15][16] Group 2: Design and Security Features - The ExpertBook Ultra is crafted from a magnesium-aluminum alloy with a Nano Ceramic Technology coating, ensuring durability and a premium aesthetic [4][6] - Security is a key focus, with ASUS ExpertGuardian providing enterprise-grade protection against unauthorized changes and attacks [9][13] - The Expert B series laptops are customizable and designed for enterprises, featuring dual BIOS ROM and chassis-intrusion detection for enhanced security [13] Group 3: Performance and User Experience - The ExpertBook Ultra includes a 3K tandem OLED touchscreen with up to 1400 nits HDR brightness, providing high-quality visuals for various applications [8] - The device is equipped with a six-speaker system tuned with Dolby Atmos for superior audio quality during presentations and calls [8] - The Expert P series offers robust processing power and advanced graphics capabilities, ensuring seamless multitasking and AI workloads [12]