Key Takeaways SMCI's server and storage system revenues hit $4.5B in Q3 FY25, up 19% year over year. Growth is driven by demand for DLC racks, new DCBBS modules and AI-optimized storage systems. Global manufacturing expansion aims to boost deployment and bypass geopolitical trade barriers.Super Micro Computer’s (SMCI) server and storage system segmental revenues grew 19% year over year in the third quarter of fiscal 2025, crossing the $4.5 billion milestone. The server and storage system segment, which ac ...

Japan Technology: Semiconductors: Investor visit feedback and sector outlook (June 2025) We summarize feedback gathered from over 40 investor meetings conducted across the east coast of the United States and Singapore in late May and early June 2025. While concerns regarding tariffs, export regulations, and the macroeconomic environment persist, investor sentiment towards the semiconductor/SPE sector has improved compared to the period before the 1Q earnings season (April-May). We especially note heightened ...

Core Viewpoint - WISeKey International Holding Ltd has appointed Rolf Gobet to its Strategic Advisory Committee, enhancing its leadership in cybersecurity, blockchain, and IoT sectors [1][6]. Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating as a Swiss-based holding company with several operational subsidiaries [6][8]. - The company has over 1.6 billion microchips deployed across various IoT sectors, playing a vital role in securing the Internet of Everything [7]. Rolf Gobet's Experience - Rolf Gobet brings over three decades of experience in managing complex public-private projects, including leading the implementation of the world's first internet voting solution in collaboration with WISeKey [3][4]. - He was instrumental in developing TOSA, the world's first fully electric bus system that charges on the go, showcasing his ability to unite stakeholders from government, industry, and academia [4][5]. - Gobet has directed the Office for the Promotion of Industries and Technologies (OPI) for over 10 years, supporting the economic development of various companies [5]. Strategic Importance - Carlos Moreira, Founder and CEO of WISeKey, emphasized that Gobet's pioneering achievements and vision for sustainable innovation make him a valuable asset to the company's global mission [6].

V i e w p o i n t | 11 Jun 2025 00:24:17 ET │ 13 pages China PCB May Monthly Tracker, Investor Feedback and Our Thoughts CITI'S TAKE Our May monthly tracker indicates that: (1) Taiwan PCB makers posted 15th month of consecutive YoY growth, bringing YTD revenue growth to 20%. (2) On the cost side, Taiwan CCL makers' revenue reported a consecutive 22nd month YoY rise in May and YTD revenue grew by 43% YoY. Meanwhile, copper price rose, epoxy resin mid-price down and E-fabric price flat in May. We believe cont ...

Core Insights - Warren Buffett has invested approximately $90 billion in nine companies focused on artificial intelligence (AI) despite admitting a lack of understanding of the technology [1] - The two primary AI stocks directly owned by Berkshire Hathaway are Apple and Amazon, with Apple being the largest holding valued at around $59.3 billion [3][5] - The remaining seven AI stocks are part of Buffett's "secret portfolio" managed by New England Asset Management (NEAM), which includes major tech companies like Alphabet and Microsoft [8][9] Group 1: Berkshire Hathaway's AI Investments - Apple is the largest holding in Berkshire Hathaway's portfolio, making up 21% of the total portfolio despite a reduction in its position last year [3] - Amazon, valued at approximately $2.1 billion in Berkshire's portfolio, is a significant player in cloud services and AI [5][6] - NEAM, part of Berkshire's structure, holds additional AI stocks that are not reflected in Berkshire's regulatory filings [8] Group 2: Key Companies in the AI Sector - Alphabet and Microsoft are included in NEAM's portfolio, both benefiting from their cloud services and AI advancements [9] - IBM and Texas Instruments are also part of NEAM's holdings, with Texas Instruments focusing on edge AI products [10] - NEAM's portfolio includes AI chipmakers like Broadcom, NXP Semiconductors, and Qualcomm, which manufacture products supporting AI workloads [11] Group 3: Investment Insights - Texas Instruments is highlighted as a strong pick for income investors due to its forward dividend yield of 2.73% [12] - Alphabet is noted for its attractive valuation with a price-to-earnings-to-growth (PEG) ratio of 1.36, indicating strong growth prospects [12] - Amazon is considered the best all-around investment among Buffett's AI stocks, with significant growth potential in both cloud services and e-commerce [13]

Group 1: Stock Performance and Analyst Sentiment - Amazon's stock has decreased by 3% year to date, while the S&P 500 has increased by 3% [1] - Analysts have a median target price of $240 per share for Amazon, indicating a potential upside of 13% from the current price of $212 [1][2] Group 2: Market Position and Growth Potential - Amazon holds a strong position in e-commerce, advertising, and cloud computing, being the largest online retailer by revenue and the largest public cloud provider [4] - The company is expected to achieve double-digit sales growth annually through the end of the decade, driven by the expansion of its core industries [5][6] Group 3: Profitability and Margin Improvement - Amazon's advertising and cloud computing segments are experiencing double-digit sales growth, while retail segments are growing at a slower pace [7] - The company is developing over 1,000 generative AI applications to enhance operational efficiency, which is expected to improve profit margins over time [5][8] Group 4: Long-term Investment Outlook - Despite potential challenges from tariffs affecting a significant portion of its marketplace sellers, Amazon has a history of navigating complex environments successfully [8] - The company is projected to see earnings growth of 10% annually through 2026, although current valuations may appear high at 35 times earnings [8] - Amazon has outperformed the S&P 500 by 40 percentage points over the last three years, with expectations for continued outperformance [10]

Warren Buffett, Cathie Wood, and Bill Ackman are three powerhouse investors who each have a different approach to investing.Warren Buffett is a legend who has outperformed the stock market by a landslide over his years of investing. He's a proponent of value investing, and he typically invests in large, well-established industry giants. He's joked about the average age of the companies he invests in, saying his holding company, Berkshire Hathaway, isn't big on newcomers.Cathie Wood's approach is almost diam ...

最高法表示，网络账号的使用者将他人网络身份信息置顶公示、号召他人投诉，容易使公众对"被挂 者"的形象和名誉产生误解或负面评价，甚至逐渐演变为对"被挂者"的网暴，制造社会矛盾和冲突。对 此，应予杜绝和制止。通过案例引领，力求从源头避免侵权、杜绝网络暴力，营造良好网络氛围。 最高法认为，该案明确人脸信息属于侵犯公民个人信息罪的犯罪对象，有利于法律适用的统一，同时警 示有非法出售或提供他人人脸信息行为企图的人悬崖勒马。 中新社北京6月12日电 (记者 张素)运用网络、信息技术侵害肖像权、名誉权等人格权的情形并不鲜见， 且侵权方式手段表现出更多的隐蔽性、复杂性。中国最高人民法院12日对外发布典型案例，涉及惩治人 被"挂"、脸被"卖"等内容，旨在强化人格权司法保护力度。 在"徐某、李某侵犯公民个人信息案"中，人民法院对徐某、李某通过网络等渠道非法获取、出售或提供 人脸照片、视频等公民个人信息的犯罪行为依法予以惩处。 当前，人工智能(AI)技术驱动的产业形态和经营模式不断涌现，该类技术的独特性能以及对民事主体权 利的影响需要高度重视。此次发布的典型案例涉及利用AI技术侵权问题，如在"彭某某诉某软件运营公 司肖像权纠纷案" ...

BOCA RATON, FL, June 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first U.S. public company with a treasury strategy built to accumulate and compound Solana (“SOL”), announced today it will host a live Twitter Spaces event on Monday, June 16, 2025 at 1:00 PM ET to walk investors through the company’s recent S-1 filings, its newly announced $5 billion Equity Line of Credit (ELOC), and broader public market capital strategy. The session will featu ...

Core Insights - Lam Research Corporation (LRCX) is focusing on atomic layer deposition (ALD) and dry EUV (Extreme Ultraviolet) resist processing technologies as chips become smaller and more complex [1][9] - The company reported strong demand for its Striker SPARC ALD and ALTUS Halo systems in Q3 of fiscal 2025, particularly in NAND for AI and high-speed memory applications [1][9] - Lam Research is making progress in dry EUV technology, which is gaining traction among DRAM and foundry customers [2] Company Performance - LRCX is experiencing strong growth in foundry and NAND markets, driven by advanced tools [3][9] - The company is facing macroeconomic challenges, including customer spending slowdowns and global trade issues, which may impact its near-term prospects [3] - Despite challenges, Lam Research's margin improvements and strong product wins indicate that its strategies are effective [4] Competitive Landscape - Lam Research faces competition from Applied Materials (AMAT) and KLA Corporation (KLAC) in advanced chipmaking tools [5][9] - Applied Materials is a strong competitor in ALD with its Olympus and Endura platforms and is exploring dry resist solutions for EUV lithography [6] - KLA is increasingly involved in enabling EUV lithography, focusing on process control systems essential for defect identification [7] Market Valuation - LRCX shares have increased by 25.9% year-to-date, outperforming the Zacks Electronics – Semiconductors industry, which rose by 6% [8] - The company trades at a forward price-to-earnings ratio of 22.94, below the industry average of 31.33 [10] - The Zacks Consensus Estimate for fiscal 2025 indicates a year-over-year increase of 33.8%, while a slight decline of 0.5% is expected for fiscal 2026 [11]