Core Viewpoint - Qualcomm Incorporated (QCOM) is considered undervalued with a strong position in edge AI, leading to a reiterated buy rating [1] Group 1 - The analyst has a focus on the tech sector and emphasizes the importance of core values such as Excellence, Integrity, Transparency, and Respect for long-term success [1] - The analyst invites constructive criticism and feedback from readers to enhance the quality of their work [1]

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA) (“Veea” or the “Company”), a leader in intelligent edge infrastructure, announced the closing of its public offering of an aggregate of 9,189,096 shares of common stock and warrants to purchase up to 9,189,096 shares of common stock at a combined offering price of $1.00 per share and accompanying warrant (the “Offering”). The Company received aggregate cash gross proceeds of approximately $6.0 million, before deducting placement agent fees ...

Core Viewpoint - RISC-V is emerging as a key solution across various fields due to its extensive instruction set, modularity, controllable costs, and flexible architecture, with significant breakthroughs expected in AI computing, automotive electronics, and high-performance general processing by 2025 [1] Group 1: Industry Trends - The global shipment of RISC-V-based SoC chips is projected to reach 20 billion units by 2031, capturing 25% of the global market share [1] - The ongoing global tariff war is disrupting international trade, making RISC-V's open-source architecture a resilient solution in the current geopolitical climate [7] - The rise of the DeepSeek AI model is redefining the AI ecosystem, enabling lower-performance SoCs to achieve equivalent performance, thus unlocking potential for edge AI deployment [7] Group 2: Company Developments - Andes Technology is actively advancing its RISC-V processor IP, platform, and hardware-software ecosystem, offering a wide range of products from entry-level to high-end RISC-V solutions [5] - The company is collaborating with various partners to explore innovative applications and technological trends in high-performance computing [2] - Andes Technology will showcase its latest technological achievements and product roadmap at the upcoming annual technical seminar [1][2] Group 3: Security and Innovation - The increasing adoption of RISC-V in AI, automotive electronics, and IoT has heightened the focus on information security challenges [10] - PUFsecurity is introducing a hardware security module integrated with RISC-V CPU to establish a comprehensive trust foundation and security resilience [10] - The integration of RISC-V with trusted root technology is essential for enhancing the security level of SoC designs, particularly in automotive and data center applications [20]

Core Viewpoint - Veea Inc. has announced a public offering of 6,000,000 shares of common stock and warrants, aiming to raise approximately $6 million in gross proceeds to support its operations and infrastructure investments [1][3]. Group 1: Offering Details - The offering price is set at $1.00 per share, with warrants to purchase additional shares at an exercise price of $1.10, which will be exercisable immediately and expire in five years [1][3]. - NLabs Inc., an existing stockholder, will exchange $3,239,096 in non-convertible promissory notes for 3,239,096 shares of common stock and accompanying warrants at the public offering price [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for investments in inventory, customer support infrastructure, working capital, and general corporate purposes [3]. Group 3: Regulatory Information - The offering is being conducted under a registration statement on Form S-1, which was declared effective on August 12, 2025 [4].

Summary of GlobalFoundries Conference Call Company Overview - **Company**: GlobalFoundries - **Industry**: Semiconductor Foundry - **Position**: Top five foundry globally with a unique geographical footprint [3][4] Core Strategies and Differentiation - **Technology Focus**: Emphasis on analog mixed signal content and process technologies ranging from 12nm to 180nm [4] - **Geographical Footprint**: Operations in Singapore, Dresden (Germany), and Upstate New York (Malta) with a recent "China for China" strategy to partner with local suppliers [5][6][27][28] - **End Market Coverage**: - 40% revenue from smart mobile devices - Strong automotive franchise with expected mid-teens growth in 2025 - Growing IoT business and robust activity in comms infrastructure and data centers [6][19][20] Market Dynamics and Geopolitical Considerations - **Geopolitical Tensions**: GlobalFoundries is well-positioned due to its localized operations in major regions, which enhances customer interest amid tariff policies [12][13] - **Supply Chain Assurance**: Focus on cross fab fungibility to optimize capacity needs and ensure supply chain diversity [10][14][15] Financial Performance and Growth Outlook - **Q2 Results**: Continued strength in automotive and smart mobile markets; high teens growth expected in comms infrastructure and data centers [19][20][21] - **Design Wins**: Achieved nearly 200 design wins in Q2, indicating strong future growth potential [22] - **Automotive Market Growth**: Revenue in automotive increased from $100 million in 2020 to $1.2 billion last year, with expectations for continued growth [24][36] Key End Markets and Innovations - **Silicon Photonics**: Expected to generate approximately $200 million in revenue, with significant growth tied to AI infrastructure [31][32] - **Automotive Content Growth**: Anticipated increase in silicon content per vehicle from $500 to $1,500 over the next few years, driving revenue diversification [36][38] Capital Expenditure and Utilization - **CapEx Outlook**: Flat CapEx expected this year, with potential increases in 2026 based on demand signals [50][51] - **Utilization Rates**: Current utilization in the low 80s, with room for improvement to enhance gross margins [47][48] Competitive Landscape - **Competitors**: TSMC is recognized as a strong competitor, but GlobalFoundries believes its unique advantages in technology and footprint will allow it to thrive [41][43] Conclusion - GlobalFoundries is strategically positioned to capitalize on growth opportunities in the semiconductor industry, particularly in automotive, IoT, and data center markets, while navigating geopolitical challenges and ensuring supply chain resilience. The company is focused on enhancing its technological capabilities and expanding its market presence through strategic partnerships and innovations.

SECOND QUARTER 2025 EARNINGS Our AI business continues to scale, with four new NPU agreements signed during the quarter - marking a pivotal moment in customer adoption and underscoring the growing demand for our industry-leading edge AI technologies. Amir Panush, CEO T O T A L R E V E N U E E A R N I N G S P E R S H A R E Q U A R T E R L Y R E V E N U E S $25.7M 7¢ NON-GAAP versus 17¢ In Q2'24 (15¢) versus $28.4 million in Q2'24 GAAP versus (1¢) in Q2'24 Q U A R T E R L Y P E R F O R M A N C E O V E R V I E ...

Financial Data and Key Metrics Changes - Revenue for fiscal year 2025 increased by 12% to $1,074 million, driven by strong performance in core IoT products, which grew 53% year over year [10][20] - For fiscal Q4, revenue was $282.8 million, up 14% year over year and slightly above the midpoint of guidance [10][21] - Non-GAAP gross margin for Q4 was 53.5%, in line with guidance, while non-GAAP EPS increased by 58% year over year to $1.01 [11][23] Business Line Data and Key Metrics Changes - Core IoT product sales increased by 55% year over year in Q4, accounting for 30% of total revenue [11][22] - Enterprise and automotive product revenues improved by 4% year over year but decreased by 3% sequentially, primarily due to softness in automotive demand [15][22] - Mobile touch product revenues increased by 8% sequentially, remaining roughly flat year over year [22] Market Data and Key Metrics Changes - The company is seeing strong traction in the Wi-Fi 7 solutions, with design opportunities across various customer segments including IoT, enterprise, and automotive applications [11][12] - Demand in the enterprise segment is recovering modestly, while automotive demand remains soft [15][20] Company Strategy and Development Direction - The company aims to expand its share in existing markets and explore new ones, focusing on core IoT growth and maintaining a disciplined execution strategy [9][10] - There is a strong emphasis on leveraging existing capabilities in analog mixed signal, multicore processors, and wireless connectivity to drive long-term value [8][9] - The company plans to evaluate its product portfolio and shape its roadmap for sustained success [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning to gain market share during the Wi-Fi 7 technology transition and highlighted the potential of new edge AI processors [12][13] - The management acknowledged the uncertain macroeconomic environment but remains optimistic about revenue growth in core IoT, projecting a revenue midpoint of approximately $290 million for Q1 2026 [26][50] Other Important Information - The company reduced total gross debt by approximately $134 million or 14% during the fiscal year [21] - A new share repurchase program for up to $150 million was authorized, reflecting the board's confidence in the long-term strategy [24] Q&A Session Summary Question: How might the strategy change for Synaptics in the IoT market? - Management indicated excitement about the portfolio and plans to enhance the offering by integrating processors, wireless connectivity, and mixed signal capabilities [29][30] Question: Are there other building blocks needed to fill out the solution? - Management emphasized a disciplined approach to investments, focusing on organic growth while remaining open to inorganic opportunities if they align with growth in core IoT [33][34] Question: Have any low ROI investments been identified? - Management is reviewing all product categories and will provide clearer direction at the Analyst Day regarding focus areas and potential product pruning [39][40] Question: Can you elaborate on order activity and channel inventory levels? - Management noted improved order activity and healthy backlog levels, with lean channel inventories that are expected to replenish as demand trends improve [43][46] Question: How sustainable is the improvement in enterprise demand? - Management expressed confidence in the visibility of revenue trends for the upcoming quarters, although they noted typical seasonality patterns in March [50][62] Question: What is the outlook for margins? - Management indicated that improving the margin profile will depend on product mix and the introduction of new products, with long-term gross margins expected to improve [66][68]

Fiscal 2025 revenue grew 12.0%, fueled by 53% growth in Core IoT product sales Synaptics' Board of Directors approved a new share repurchase program of up to $150 million Fiscal 2025 Financial Highlights Revenue of $1.074 billion increased 12% year-over-yearCore IoT product sales grew by 53% year-over-yearGAAP loss per share of $1.22Non-GAAP diluted earnings per share increased 61% to $3.62Repurchased $128 million (or approximately 1.8 million) sharesReduced gross debt by approximately 14% or $134 million Q ...

Core Viewpoint - GSI Technology, Inc. has faced significant stock decline and net losses despite revenue growth driven by SRAM chip sales, indicating mixed investor sentiment and operational challenges [1][2][4]. Financial Performance - The company reported a net loss of $2.2 million for the first quarter of fiscal 2026, compared to a net income of $1.1 million in the same quarter last year, which included a one-time gain of $5.7 million [2][4]. - Net revenues increased to $6.3 million, a 35% rise from $4.7 million year-over-year and a 7% sequential increase from $5.9 million [3]. - Gross margin improved to 58.1%, up from 46.3% a year earlier and 56.1% in the previous quarter, attributed to a favorable product mix and better fixed cost absorption [3]. Business Metrics and Segment Breakdown - GSI's SRAM business showed strong performance, with SigmaQuad product shipments accounting for 62.5% of first-quarter shipments, up from 36.3% a year ago [5]. - Sales to key customers shifted, with KYEC sales dropping to $0.3 million (4.3% of net revenues) from $1 million (21.9%) a year ago, while Cadence Design Systems emerged as a significant contributor with $1.5 million in sales (23.9% of net revenues) [6]. - Defense and military shipments decreased to 19.1% of total shipments from 31.9% in the prior-year period, indicating a change in customer mix [7]. Management Commentary - CEO Lee-Lean Shu described the quarter as a "strong start" to fiscal 2026, highlighting advancements in product development and customer engagement [8]. - CFO Douglas Schirle noted an improved financial position, with cash and equivalents rising to $22.7 million from $13.4 million, supported by $11 million raised through the ATM program [9]. Factors Influencing Financial Results - Revenue growth was primarily driven by higher SRAM sales and a favorable product mix, although geopolitical factors and tariffs affected the supply chain [10]. - Operating expenses decreased to $5.8 million from $6.8 million a year ago, with R&D spending dropping from $4.2 million to $3.1 million [11][12]. Guidance - For the second quarter of fiscal 2026, GSI Technology anticipates net revenues between $5.9 million and $6.7 million, with a gross margin between 56% and 58% [13]. Other Developments - The company is undergoing a strategic evaluation process to explore capital options and expand application teams, retaining Needham & Company for assistance [14].

Financial Data and Key Metrics Changes - Q2 revenue was $124 million, up 3% from Q1 and flat year-over-year [5][14] - Non-GAAP gross margin was 69.3%, a 30 basis point increase quarter-over-quarter and year-over-year [6][15] - Adjusted EBITDA margin expanded to 34.1% [6][15] - Non-GAAP EPS was $0.24, up from $0.22 in Q1 and $0.23 year-over-year [16] - Free cash flow in Q2 was $31.3 million, with a free cash flow margin of 25.2%, up from $23.3 million and 19.4% in Q1 [16][17] Business Line Data and Key Metrics Changes - Communications and computing segment grew 20% sequentially and 26% year-over-year, with the server segment growing 85% year-over-year [10][24] - Industrial and automotive segment declined sequentially but is expected to normalize by year-end [11][12] - Total revenue from new products continues to grow strongly, on track to exceed 2025 goals [12] Market Data and Key Metrics Changes - Communications and computing segment growth driven by data center infrastructure, including network interface cards and security appliances [10] - Industrial and automotive segment is recovering, with expectations for strong growth in 2026 [11][39] - Record design wins across all segments, particularly in hyperscalers and robotics [54] Company Strategy and Development Direction - Company continues to execute long-term strategy, focusing on innovation and customer engagement [5][13] - Emphasis on small to mid-range FPGAs as a growth area, positioning as a companion to AI accelerators and other chips [96] - Anticipation of increased revenue from AI-related applications, targeting high teens in 2025 and mid-20s in 2026 [93] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about market conditions improving compared to Q1, with strong demand in communications and computing [6][12] - Confidence in recovering industrial and automotive segments, with expectations for normalized inventory levels by year-end [11][39] - Management highlighted strong backlog and design wins as indicators of future growth [103] Other Important Information - Company remains debt-free with strong cash flow, allowing for capital return strategies [18] - Ongoing share repurchase program, with $46 million repurchased in the quarter [18] Q&A Session Summary Question: Insights on companionship opportunities and data center infrastructure - Management believes Lattice is well-positioned to benefit from AI infrastructure spending growth, with strong growth in the server segment [24][25] Question: Update on new products versus core products - New products are expected to exceed high teens growth in 2025, with a significant contribution from the server segment [27][30] Question: Confidence in business model and future opportunities - Management expressed confidence in the durability of the FPGA business model and strong revenue growth potential [34][35] Question: Revenue growth target for 2026 - Management confirmed that the 15% to 20% revenue growth target for 2026 remains viable [37][38] Question: Impact of tariffs and geopolitical factors - Management indicated that current supply chain structures mitigate potential tariff impacts, with no significant direct effects observed [73][75] Question: Growth drivers in communications and computing - Management identified several growth drivers, including increased CapEx from hyperscalers and record design wins [80][82] Question: Recovery in industrial and automotive segments - Management expects industrial and automotive segments to normalize and grow in line with demand [83] Question: New product growth tied to communications and computing - Management anticipates growth across both communications and computing as well as industrial and automotive segments [90]