The monthly sales are strong, so it gives the market confidence. Not that that was an great doubt, but it demonstrates to the market that things remain on track with demand for AI and high performance computing continuing to drive the top line for TSMC. So I think the market can take comfort that the company remains on track despite the currency pressure that's there at the moment, because remember that their products are priced in US dollars.So a stronger Taiwan dollar is actually a slight headwind for the ...

HONG KONG, July 03, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider in China, today announced the purchase of 74,315 Binance Coin (BNB) tokens through the OTC (Over-The-Counter) format at an average price of approximately US$672.45, with a total transaction value of about US$50 million. Following this transaction, the Company’s cumulative reserve of mainstream digital currencies, including Bitcoin and BN ...

Core Insights - Marvell Technology (MRVL) shares have declined 31% year to date, underperforming peers like Broadcom (AVGO) and Qualcomm (QCOM) which have seen returns of 14.2% and 3.8% respectively [1][8] - The decline raises questions about whether investors should hold or exit the stock to minimize losses [1] Performance Analysis - Marvell's stock performance is affected by lower margins from its custom AI silicon business, which is experiencing significant traction but incurs higher manufacturing costs [4][8] - The company faces macroeconomic uncertainties, particularly related to U.S.-China relations, as approximately 43% of its fiscal 2025 total revenues are derived from China [5] - Weakness in the consumer end market, particularly in gaming demand and irregular order patterns in the industrial sector, has further contributed to investor concerns [6] Growth Opportunities - Despite challenges, Marvell is witnessing substantial growth in its data center segment, with a 76% year-over-year revenue increase in the first quarter of fiscal 2026 [11] - The company is expanding its product portfolio, including custom Application Specific Integrated Circuits and Co-Packaged Optics technology, driven by the demand for AI and high-performance computing [9][10] - Marvell's collaboration with NVIDIA aims to enhance its offerings for hyperscaler customers, indicating a strategic move to capture more market share [12] Financial Projections - The Zacks Consensus Estimate for Marvell's 2026 revenues is projected at $8.2 billion, reflecting a year-over-year growth of 42.6% [14] - Earnings per share are estimated to reach $2.79, suggesting a significant year-over-year increase of 77.71% [14] Valuation Metrics - Marvell's current forward 12-month price-to-sales (P/S) multiple is 7.43x, below its one-year median of 9.54x and the industry average of 8.5x [16] - The stock is trading at a discount compared to Broadcom, which has a forward P/S ratio of 17.51x [16] Conclusion - Marvell Technology is currently facing several headwinds, including geopolitical tensions and shrinking margins, but maintains strong long-term fundamentals in the data center and high-speed networking markets [18] - The recommendation is to hold MRVL stock for now, considering the company's potential for recovery and growth [19]

Core Insights - Applied Materials (AMAT) has achieved a gross margin of 49.2% in Q2 of fiscal 2025, marking the highest level since Q4 of fiscal 2000, driven by a favorable product mix and strong demand for high-margin solutions [1][10] - The demand for semiconductors, particularly in AI and high-performance computing (HPC), is increasing, positively impacting AMAT's leading-edge logic foundry solutions [2] - AMAT's Sym3 Magnum etch system has generated over $1.2 billion in revenue since its launch in February 2024, highlighting its importance in developing high-aspect-ratio structures for AI and HPC workloads [3] Financial Performance - AMAT's memory segment, particularly advanced DRAM technologies, is projected to grow significantly, with revenues from advanced DRAM customers expected to increase by more than 40% in fiscal 2025 [4] - For Q3 of fiscal 2025, AMAT anticipates a gross margin of 48.3%, indicating sustained strength in margins due to ongoing demand for high-performance computing and AI [5] - The company trades at a forward price-to-sales ratio of 4.94X, which is lower than the industry average of 8.5X, suggesting potential valuation upside [11] Competitive Landscape - AMAT faces competition from Lam Research (LRCX) and ASML Holding (ASML) in areas such as 3D DRAM architectures and EUV lithography, with both competitors experiencing growth in gross margins [6] - Lam Research is projecting a gross margin of 49.5% for the upcoming quarter, which would set a new record if achieved [7] Market Performance - AMAT's shares have increased by 13.3% year-to-date, outperforming the Electronics - Semiconductors industry, which has grown by 11.5% [8]

The shift from HPC to AI is redefining infrastructure. Are you ready? Join DDN’s top technical minds for a live, no-fluff roundtable on what it really takes to support next-gen AI workloads. What You'll Learn: - How AI workloads differ from HPC — and what that means for infra - Strategies for scaling across hybrid and converged environments - Lessons from the field + live Q&A with DDN experts Follow us: ⭕ LinkedIn: https://www.linkedin.com/company/ddn ⭕ X: https://twitter.com/DDNintelligence ⭕ Instagram: ht ...

Enabling the Future Amkor Technology Investor Presentation May 2025 © 2025 Amkor Technology, Inc. 1 Disclaimer Non-GAAP Measures This presentation contains certain measures that are not defined terms under U.S. generally accepted accounting principles ("GAAP"). These non-GAAP measures should not be considered in isolation or as a substitute for, or superior to, measures of liquidity or performance prepared in accordance with U.S. GAAP and may not be comparable to calculations of similarly titled measures by ...

Core Viewpoint - Nano Labs Ltd has entered into a convertible notes purchase agreement to issue convertible promissory notes totaling US$500 million, marking a significant step in its strategic growth [1][4]. Group 1: Convertible Notes Details - The convertible notes will mature in 360 days with no interest accruing on the principal amount [2]. - The notes are convertible into Class A ordinary shares at an initial price of US$20 per share, subject to adjustments [2]. - The company will repay the outstanding principal amount on the maturity date unless previously converted [2]. Group 2: Strategic Growth Initiatives - As part of its growth strategy, Nano Labs plans to assess the security and value of BNB and aims to acquire US$1 billion worth of BNB through convertible notes and private placements [4]. - The long-term goal is to hold 5% to 10% of BNB's total circulating supply [4]. Group 3: Company Overview - Nano Labs Ltd is a leading provider of Web 3.0 infrastructure and product solutions in China, focusing on high throughput computing (HTC) and high performance computing (HPC) chips [5]. - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [5]. - Nano Labs has established Bitcoin as its primary reserve asset and has created an integrated solution platform covering three main business verticals [5].

Joining me right now is the CEO of Bit Farms, Ben Gon. Thank you very much for joining us here at Bitcoin 2025. Thank you for having me.It's great to be here. A lot of excitement in the air. Bitcoin hit a new record last week, just under $112,000.Record attendance here. 35,000 people. That's a bump from 25,000 people last year when the conference was in Nashville.So, I see that Vidit Farms is actually a sponsor of the event, and I'm wondering what prompted you to be a key participant of Bitcoin 2025 here in ...

Canaan (CAN) Q1 2025 Earnings Call May 20, 2025 08:00 AM ET Company Participants Gwyn Lauber - Director - Investor RelationsNangeng Zhang - Chairman & CEOJames Cheng - Chief Financial OfficerMichael Donovan - Equity Research AssociateBill Papanastasiou - Vice President Conference Call Participants Kevin Cassidy - Senior Research AnalystMike Grondahl - Head of Equity sales, Trading & Research - Senior Research AnalystNick Giles - Senior Research AnalystJoe Flynn - Senior Research Analyst Operator Ladies and ...

Canaan (CAN) Q1 2025 Earnings Call May 20, 2025 08:00 AM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Canons Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the management prepared remarks, we will have a question and answer session. Please note that this event is being recorded. Now I'd like to hand the conference over to your speaker today, Ms. Gwynne Lauber, Investor Relations Director of the co ...