Sonim Technologies Signs Letter of Intent for Reverse Takeover with a Full Stack A.I. Factory Provider The Integrated Solution Supports the Explosion of AI Workloads with Owned and Operated Data Centers with Dedicated Power Generation June 25, 2025 8:00 AM EDT | Source: Sonim Technologies, Inc. San Diego, California--(Newsfile Corp. - June 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the signing of a non-binding Letter of Intent (LOI) fo ...

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 ...

Key Takeaways Reddit's ad revenues rose 61% YoY in Q1 2025, driven by growth in performance-focused ad campaigns. DPAs and new tools like Meta import and Smartly.io helped scale conversion-led advertising on Reddit. Over 90% of advertisers used Pixel, while CAPI-driven revenue more than tripled from the prior year.Reddit (RDDT) is expanding commerce-focused ad infrastructure as the social networking platform provider shifts from community-led discovery to full-funnel performance marketing. In the first qu ...

HONG KONG, June 24, 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 announces that it has entered into a convertible notes purchase agreement (the “Agreement”) under which the Company has agreed to issue, and several investors have agreed to subscribe for, a convertible promissory notes in the aggregate principal amount of US$500 million (the “Notes”). The Notes will mature in 360 days fo ...

Monday, June 23, 2025Market participants took today’s global headline of a thwarted attack from Iran on a U.S. Air Force base in the small country of Qatar as a form of good news for equities today. Calls for peace in the region from President Trump look to have been taken to heart — if not by the mullahs in charge of Iran, then by traders in today’s stock indexes.The Dow closed up +384 points on the session, +0.90%, while the S&P 500 performed marginally better, +0.96%. The Nasdaq gained +224 points, +1.03 ...

NEW YORK, June 23, 2025 /PRNewswire/ -- WhiteFiber, Inc. ("WhiteFiber"), the wholly-owned HPC subsidiary of Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced entry into a definitive credit agreement with the Royal Bank of Canada ("RBC"), the largest bank in Canada, to finance its data centers business. The facility provides up to C$60 million in aggregate financing. Proceeds will be used to support the continued buildout of WhiteFiber's Tier-3 AI data center portfolio. The c ...

RBC Capital analyst Steven Shemesh maintained CarMax KMX with an Outperform and raised the price target from $80 to $81 on Friday.CarMax reported first-quarter earnings per share of $1.38, beating the analyst consensus estimate of $1.21. Quarterly sales of $7.55 billion outpaced the analyst consensus estimate of $7.47 billion.Also Read: CarMax Loan Delinquencies Tick Higher In May, Signaling Renewed Credit StrainRetail used unit sales rose by 9.0%, while comparable store used unit sales grew by 8.1%. Wholes ...

Core Insights - AMD has been lagging behind Nvidia in the global AI competition, with its valuation reflecting ongoing investor skepticism regarding its ability to compete in high-performance computing and generative AI [1] Group 1 - AMD's current market position indicates a struggle to gain traction against Nvidia in the AI sector [1] - Investor sentiment remains cautious about AMD's prospects in next-generation computing technologies [1]

Group 1 - Advanced Micro Devices (AMD) is making strategic announcements aimed at increasing its market share in AI and high-performance computing [1] - The company has recently launched new Radeon GPUs, which are expected to enhance its competitive position in the market [1] Group 2 - The article reflects the author's independent analysis and insights into market trends, particularly focusing on options trading and macroeconomic factors [1] - The author emphasizes a data-driven approach to investment, combining analytical skills with practical market understanding [1]

Core Insights - HIVE Digital Technologies Ltd. has announced the acquisition of a 7.2 MW data center in Toronto, Canada, aimed at enhancing its high-performance computing (HPC) infrastructure and developing a sovereign AI ecosystem through its subsidiary BUZZ HPC [3][4][5]. Group 1: Acquisition Details - The facility will serve as a foundational pillar for BUZZ HPC's growth, enabling the deployment of advanced liquid-cooled compute infrastructure for AI workloads [4][5]. - The acquisition is positioned strategically in Toronto, which is recognized as Canada's largest tech hub, facilitating access to higher education, AI research, and fiber optic connectivity [5][6]. Group 2: Strategic Importance - This move is part of HIVE's long-term vision to build next-generation compute infrastructure in Canada, contributing to the development and hosting of Canadian data and AI models [5][6]. - The Toronto data center is expected to support large-scale AI training, inference, and cloud services tailored for Canadian enterprises and government initiatives [4][5]. Group 3: Future Plans and Commitments - HIVE aims to upgrade the facility to Tier 3 standards, allowing it to operate a GPU cloud of up to 5,000 next-generation GPUs for AI compute [7]. - The acquisition aligns with HIVE's commitment to sustainable digital infrastructure, with plans to integrate green energy sources [6][7].