Financial Data and Key Metrics Changes - GlobalFoundries reported fourth quarter revenue of $1.83 billion, an 8% sequential increase and flat year-over-year [28] - Full year revenue reached approximately $6.791 billion, up 1% year-over-year [28] - Gross profit for the fourth quarter was $530 million, translating to a gross margin of approximately 29%, up 300 basis points sequentially and 360 basis points year-over-year [34] - Full year gross margin was 26.1%, an increase of 80 basis points year-over-year [34] - Net income for the fourth quarter was approximately $310 million, resulting in diluted earnings of $0.55 per share [35] Business Line Data and Key Metrics Changes - Smart mobile devices accounted for approximately 36% of fourth quarter revenue, with a 13% sequential decline and 11% year-over-year decrease [29] - Automotive represented approximately 23% of fourth quarter revenue, with a 40% sequential increase and 3% year-over-year growth [31] - Home and industrial IoT made up approximately 17% of fourth quarter revenue, with a 17% sequential increase but a 15% year-over-year decline [31] - Communications infrastructure and data center contributed approximately 12% of fourth quarter revenue, with a 29% sequential increase and 32% year-over-year growth [32] Market Data and Key Metrics Changes - Automotive revenue grew approximately 17% year-over-year to a record $1.4 billion [31] - Communications infrastructure and data center revenue grew 29% year-over-year, driven by strong momentum in optical networking and silicon photonics [32] - Satellite communications revenue exceeded $100 million in 2025, marking significant growth [32] Company Strategy and Development Direction - GlobalFoundries is focusing on three core pillars: technology differentiation, deep customer partnerships, and leveraging a diversified geographical footprint [7] - The company aims to reach a $1 billion run-rate revenue for silicon photonics by the end of 2028, driven by strong customer demand and recent acquisitions [15] - Significant investments include $16 billion in the U.S. and EUR 1.1 billion in the Dresden facility to expand manufacturing capabilities [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term potential, citing record design win momentum and a clear path towards a richer mix of business [25] - The company is well-positioned to capitalize on megatrends such as AI data centers and the need for resilient semiconductor supply chains [11] - Management expects to achieve over 30% year-on-year revenue growth in communications infrastructure and data center for 2026 [25] Other Important Information - The board of directors authorized a share repurchase of up to $500 million, reflecting confidence in the company's financial position [37] - The company expects total revenue for the first quarter of 2026 to be $1.625 billion, with gross margin around 27% [38] Q&A Session Summary Question: Strategy for silicon photonics and differentiation - Management highlighted the strong demand for silicon photonics as a critical enabler for AI data centers, supported by acquisitions like AMF and InfiniLink [47][49] Question: Strategy with quantum computing - Management expressed excitement about quantum computing, emphasizing partnerships across various modalities to build scalable systems [52][54] Question: Supply side tightness and CapEx - Management noted strong demand in differentiated technology areas and emphasized capital efficiency in investments [58][60] Question: Margin structure and OpEx intensity - Management discussed the positive impact of a diversified portfolio on margins and the expected increase in OpEx due to strategic investments [63][66] Question: Synergies between recent acquisitions - Management confirmed synergies between photonics-oriented acquisitions and the broader portfolio, enhancing customer engagement and technology offerings [72][74]

The launch of ZenO’s public beta underscores growing demand for real-world, rights-cleared data infrastructure built on Story as physical AI adoption acceleratesPlatform lets people collect real-world data for AI using smart glasses or their mobile phones and get compensated GIG HARBOR, Wash., Feb. 11, 2026 (GLOBE NEWSWIRE) -- IP Strategy (Nasdaq: IPST) (the “Company”) today issued a statement recognizing the public beta launch of ZenO, a physical AI data collection platform focused on capturing real-world, ...

Core Insights - Innoviz Technologies has deployed its InnovizSMART system in various critical infrastructure locations in Israel over the past three months, providing a high-resolution perimeter security solution [1] - The InnovizSMART system utilizes advanced 3D sensing capabilities to create customizable virtual perimeters, detecting and classifying objects with high precision [1] - The LiDAR-based solution offers significant advantages over traditional security technologies, including the ability to detect movement behind obstacles and maintain performance in harsh weather conditions [1] Product Features - InnovizSMART can detect and classify objects at distances exceeding 450 meters, scanning over 1 million points per second to create a detailed 3D map of the area [1] - The system integrates with cameras and analytics software to provide visual confirmation and classification of detected movements, allowing for scenario-specific responses and reducing false alarms [1] - It is designed for a wide range of applications, including the protection of critical infrastructure, municipal facilities, and public spaces, and is available as an off-the-shelf product [1] Market Position - Innoviz is recognized as a global leader in LiDAR technology, serving as a Tier 1 supplier to major automotive manufacturers and focusing on the development of safe autonomous vehicles [1] - The company operates across the U.S., Europe, and Asia, providing its LiDAR solutions to various sectors, including municipalities and commercial enterprises [1] - InnovizSMART will be showcased at the Defense.tech expo for homeland security in Tel Aviv on February 17-18, 2026, highlighting its commitment to advancing security technology [1]

Core Insights - GLOBALFOUNDRIES Inc. (GF) reported strong preliminary financial results for Q4 and FY2025, with revenue, gross margin, operating margin, and earnings per share exceeding guidance expectations [4][6][15] Key Fourth Quarter Financial Highlights - Q4 2025 revenue reached $1.830 billion, with a gross margin of 27.8% and a Non-IFRS gross margin of 29.0% - Operating margin was 13.9%, while Non-IFRS operating margin stood at 18.3% - Net income for Q4 was $200 million, with Non-IFRS net income at $310 million - Diluted earnings per share (EPS) was $0.36, and Non-IFRS diluted EPS was $0.55 [6][11][12] Key Full Year 2025 Financial Highlights - Total revenue for FY2025 was $6.791 billion, reflecting a 1% increase from FY2024 - Gross profit for the year was $1.690 billion, with a gross margin of 24.9% and a Non-IFRS gross margin of 26.1% - Operating profit was $797 million, a significant improvement from a loss in FY2024, resulting in an operating margin of 11.7% - Net income for the year was $888 million, compared to a loss in the previous year, with a diluted EPS of $1.59 [15][16] Recent Business Highlights - GF announced a share repurchase authorization of up to $500 million, allowing for discretionary stock buybacks over the next 12 months [4] - The company entered into an agreement to acquire Synopsys' ARC Processor IP Solutions business, enhancing its capabilities in physical AI applications [7] - GF also acquired Advanced Micro Foundry and Infinilink, strengthening its position in silicon photonics and high-speed connectivity chips [12][8]

Rowdy Robot | North America February 10, 2026 05:01 AM GMT M Update Physical AI: America's Chance to Re-Invent Manufacturing AI-enabled robotics makes it both necessary and possible to reverse the 70 year trend of manufacturing loss in the US. But not all manufacturing is created equal. The next Great American Industrial Company may come from a 'clean-sheet' marriage of AI and manufacturing, rethinking the concept. Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Researc ...

Financial Data and Key Metrics Changes - In Q4 2025, the company reported revenue of $145.8 million, representing a 9.3% sequential increase and a 24.2% year-over-year increase, marking the strongest sequential performance in seven years [10][16] - Full year revenue for 2025 was $523.3 million, a 2.7% increase from the previous year, driven by a 28% increase in communications and computing, while industrial and automotive revenue declined by 18% due to channel inventory normalization [14][15] - Non-GAAP gross margin expanded by 190 basis points to 69.3% in 2025, with non-GAAP operating margin increasing by 340 basis points [15] - Q1 2026 revenue guidance is set at $165 million at the midpoint, indicating over 37% year-over-year growth, with EPS guidance of $0.36 at the midpoint, representing nearly 65% year-over-year growth [10][21] Business Line Data and Key Metrics Changes - Communications and computing segments showed strong growth, with revenue up 28% year-over-year, while industrial and automotive segments faced an 18% decline [14][15] - New product revenue grew approximately 70% in 2025, with expectations for new product revenue to reach the mid-20% range as a percentage of total revenue in 2026 [11][12] Market Data and Key Metrics Changes - The company is experiencing accelerated design-win momentum in both data center AI and physical AI markets, with significant growth opportunities identified in various applications including security, industrial automation, and humanoid robotics [8][10] - The attach rate for FPGAs in server units is expected to exceed 3 units per server in 2026, with average selling prices (ASP) increasing from around $3 to above $4 [26][27] Company Strategy and Development Direction - The company aims to capitalize on trends in Data Center AI and Physical AI, positioning itself as a key player in providing low-power FPGAs that support critical system functions across various markets [5][8] - The 2026 slogan, "Go big, be great," reflects the company's ambition to invest in silicon, software, systems, and infrastructure to support growth at scale [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand environment, citing strong CapEx growth and improved visibility for 2026 and beyond [33][34] - The company is focused on maintaining supply chain stability and ensuring adequate inventory levels to meet customer demand, while also managing operational expenses effectively [21][22] Other Important Information - The company repurchased approximately 1.8 million shares or $100 million of its common stock in 2025, with an additional $250 million authorized for repurchase [19][18] - The balance sheet remains strong, with the company being debt-free and having ready access to capital for future investments [18] Q&A Session Summary Question: Can you discuss the dynamics in the data center business and growth relative to unit volumes versus dollars of content per server? - Management noted strong demand driven by CapEx growth, increasing attach rates, and ASP growth, with server units expected to grow from 15.3 million to 16.5 million in 2026 [26][27] Question: Can you provide guidance assumptions by segment for Q1? - Management expressed positivity about trends across all segments, with expectations for growth in communications and computing leading the way, and recovery in industrial and automotive [28][29] Question: How do you view the Physical AI opportunity? - Management highlighted significant momentum in Physical AI, with strong partnerships and design wins in various sectors, including aerospace defense and industrial robotics [35][36] Question: Are you seeing any increased competitive pressure in the data center? - Management emphasized a customer-first strategy, focusing on providing differentiated solutions, and noted that market share is expected to continue growing [59] Question: What keeps you up at night regarding potential derailments of the company’s plans? - Management indicated that the primary concern is executing ambitious plans and ensuring supply for customers, particularly in a tight supply environment [60] Question: Can you discuss the record level of design wins and their impact on revenue growth? - Management confirmed continued record design wins, supporting expectations for multi-year growth of at least 25% [65]

Financial Data and Key Metrics Changes - In Q4 2025, the company reported revenue of $145.8 million, representing a 9.3% sequential increase and a 24.2% year-over-year increase, marking the strongest sequential performance in seven years [10][16] - Full year revenue for 2025 was $523.3 million, a 2.7% increase from the previous year, driven by a 28% increase in communications and computing, while industrial and automotive revenue declined by 18% [14][15] - Non-GAAP gross margin expanded by 190 basis points to 69.3% in 2025, with non-GAAP operating margin increasing by 340 basis points [15] - Q1 2026 revenue guidance is set at $165 million at the midpoint, indicating over 37% year-over-year growth, with EPS guidance of $0.36 at the midpoint, representing nearly 65% year-over-year growth [10][21] Business Line Data and Key Metrics Changes - Communications and computing segments showed strong growth, with revenue up 28% in 2025, while industrial and automotive segments faced an 18% decline due to inventory normalization [14][15] - New product revenue grew approximately 70% in 2025, with expectations for new product revenue to reach the mid-20% range as a percentage of total revenue in 2026 [11][12] Market Data and Key Metrics Changes - The company is experiencing accelerated design-win momentum in both data center AI and physical AI, with significant growth opportunities in various applications including security, industrial automation, and humanoid robotics [8][10] - The demand environment is strong across all major markets, with a notable increase in design wins in aerospace defense and industrial robotics [37][38] Company Strategy and Development Direction - The company aims to capitalize on trends in Data Center AI and Physical AI, positioning itself as a key player in providing low-power FPGAs that support critical system functions [5][8] - Investments are being made across silicon, software, systems, operations, and infrastructure to support growth and extend leadership in small and mid-range FPGAs [12][18] - The slogan for 2026, "Go big, be great," reflects the company's ambition and commitment to growth [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a strong recovery and accelerated momentum, supported by a strong backlog and durable demand in data centers [12][21] - The company is focused on executing its strategy and making investments to strengthen its leadership position, with a commitment to delivering long-term shareholder value [12][23] Other Important Information - The company repurchased approximately 1.8 million shares or $100 million of its common stock in 2025, with an additional $250 million authorized for repurchase [19][18] - The balance sheet remains strong, with the company being debt-free and having ready access to capital for future investments [18] Q&A Session Summary Question: Can you discuss the dynamics in the data center and your growth relative to unit volumes versus dollars of content per server? - Management noted strong demand driven by CapEx growth, increased attach rates, and higher average selling prices (ASP), with server units expected to grow from 15.3 million to 16.5 million in 2026 [26][27] Question: Can you provide guidance for Q1 by segment? - Management expressed positivity about trends across the business, with expectations for growth in communications and computing leading the way, and recovery in industrial and automotive segments [29] Question: How do you view the Physical AI opportunity? - Management highlighted significant momentum in Physical AI, with strong partnerships and design wins in various sectors, indicating vast potential for growth [35][38] Question: Are you seeing increased competitive pressure in the data center? - Management emphasized a customer-first strategy, focusing on providing differentiated solutions, and noted that market share is expected to continue growing [59] Question: What keeps you up at night regarding potential derailments of the company's growth story? - Management indicated that the primary concern is self-execution on ambitious plans and ensuring supply for customers [60] Question: Can you discuss the record level of design wins and their impact on revenue growth? - Management confirmed continued record design wins, supporting expectations for multi-year growth of at least 25% [65] Question: What are the criteria for larger M&A opportunities? - Management stated that any larger acquisition would need to be strategic, accretive, and aligned with the company's goals, while also being patient given the current strong organic growth [86]

Lattice Semiconductor (NasdaqGS:LSCC) Q4 2025 Earnings call February 10, 2026 05:00 PM ET Speaker7Greetings and welcome to the Lattice Semiconductor fourth quarter and full year 2025 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure ...

Core Insights - Alibaba has launched an AI model named RynnBrain aimed at enhancing robotics capabilities, particularly in object recognition and manipulation [2][3] - The development of robotics is part of a broader category known as "physical AI," which includes technologies like self-driving cars, with China focusing on this area to compete with the U.S. in tech leadership [3] Company Developments - RynnBrain enables robots to understand their environment and perform tasks such as identifying and sorting fruits, showcasing the complexity of AI involved in these operations [2] - Alibaba is among several tech giants, including Nvidia, Google, and Tesla, that are developing models for physical AI [3] Industry Challenges - Despite advancements, the productivity of humanoid robots is reported to be less than half that of human workers in initial deployments, based on efficiency metrics [8] - Robots excel in individual tasks but struggle with fluid sequences and adaptability in dynamic environments, leading companies to view them as long-term investments rather than immediate efficiency solutions [9] Workforce Concerns - Research indicates that 32% of Labor Economy workers express concern about technology reducing job demand, slightly higher than the 31.8% of non-Labor Economy workers [12] - When specifically addressing automation and robotics, 29.3% of Labor Economy workers fear job reductions compared to 26.8% of non-Labor Economy workers, highlighting a notable difference in perceptions [12]

In a recent interview with CNBC, Wedbush analyst Dan Ives suggested that the next stage of the artificial intelligence (AI) revolution will be "physical AI," and only a couple of companies will stand to benefit from this shift. Aside from Nvidia (NVDA), which doesn’t come as a surprise, Ives believes Tesla (TSLA) could also be the best physical AI play in the world, arguing that the company’s ambitions extend far beyond electric vehicles (EVs). Let’s find out what makes Ives so confident about Tesla. Mo ...