January 6, 2026 03:32 PM GMT Investor Presentation | Japan M Foundation Electronic Components: Watching End-Product Demand Change/Gap Between Actual Demand and Electronic Component Shipments in 2026 The expanding range of devices leveraging AI computing is driving demand for high-performance electronic components. However, we also expect valuations and the sustainability of EPS growth to come under scrutiny, and thus maintain our industry view at In-Line. Key Takeaways Morgan Stanley MUFG Securities Co., Lt ...

SANTA CLARA, Calif., Jan. 06, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fiscal fourth quarter and full year 2025 financial results on Tuesday, Feb. 3, 2026, after the market close. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via the AMD Investor Relations website ir.amd.com. AMD also announced it will participate in the following event f ...

Core Insights - AMD has launched the Ryzen AI Embedded processors, specifically the P100 and X100 Series, aimed at enhancing AI-driven applications in various sectors such as automotive and industrial markets [2][10]. Product Features - The new processors utilize the "Zen 5" core architecture, RDNA 3.5 GPU, and XDNA 2 NPU, all integrated into a single chip, providing high performance and efficient AI compute capabilities [3][10]. - The P100 Series features 4-6 cores optimized for digital cockpits and human-machine interfaces, offering up to a 2.2X performance boost compared to the previous generation [5][10]. - The X100 Series is designed for more demanding applications, featuring higher CPU core counts and AI TOPS performance [4][10]. Performance Metrics - The P100 Series processors deliver an estimated 35% faster rendering, capable of supporting up to four 4K or two 8K displays at 120 frames per second [6][10]. - The XDNA 2 NPU in these processors can achieve up to 50 TOPS, providing up to 3X higher AI inference performance compared to previous models [7][10]. Software and Development - The processors come with a unified software stack that includes optimized CPU libraries and open-standard GPU APIs, facilitating easier development for OEMs and developers [8][9]. - The software stack is built on an open-source virtualization framework, allowing multiple operating systems to run securely in parallel, which aids in reducing costs and accelerating production timelines [9]. Availability - The P100 Series processors are currently sampling with early access customers, with production shipments expected in the second quarter of 2026 [12].

With the bull market in US stocks stretching into a fourth year, there are more concerns than ever about the sustainability of spending on AI computing and whether the returns will justify the investments https://t.co/kaKZb78hBv ...

Well, thank you very much for having me to glad to be able to speak to all of you again. So, I'm Preston Smith from Purdue University and I'm going to talk about how our AI computing investment is is part of the foundation for our institutional strategy at Purdue. So, Purdue right now has four major pillars strategic projects.You can see here a new campus in Indianapolis. If you if you're familiar with Indiana geography, Purdue is between Indianapolis and Chicago about halfway and Indianapolis will be at th ...

Business Idea - SpaceX is considering deploying AI computing (inference) in orbit, leveraging the high value per kg and revenue per kW of GPUs [1] - The proposed system, potentially named "Star Thought," could be based on Starlink v3 satellites [2][3] - The system would use sun-synchronous orbit (SSO) at 560 km to maximize sunlight exposure and eliminate the need for batteries [3] Technical Design - Satellites would use a "sun slicer" solar array configuration to minimize drag while maximizing sunlight capture, generating approximately 130 kW of electrical power [3][4] - The design incorporates MLI heat reflectors to passively cool the back side of the main bus, where GPUs are racked [4] - A potential design involves directly attaching GPUs to solar modules, using local wifi connections instead of high-voltage cables to maximize power density [6] - This distributed architecture helps with thermal management by avoiding concentrated heat generation [7] Financial Analysis - A model with 200 H100-equivalent GPUs could generate 13,000 tokens per second, resulting in $4 million in annual revenue at $10/token [5] - Assuming an all-in cost of $50,000/kW, the system could achieve a 60% ROI per year [5] - The economics are viable if the revenue per kWh exceeds $4.00 [8] Scalability - One Starship launch could deploy 100 metric tons to LEO, equating to approximately 30 MW of inference capacity [8] - 1,000 launches could achieve 30 GW of inference capacity [8]

Market Analysis - The October SPY high of 689.70 is expected to be reached, as markets typically do not end on a high volume high, indicating a test that will determine the next market move [1] - A positive divergence is observed between the SPX and SPX/VIX ratio, with the SPX/VIX ratio making a higher high while the SPX has not [1] SPX and SPX/VIX Ratio Insights - The SPX/VIX ratio usually leads the SPX, suggesting that the SPX will trade to a higher high [2] - Historical data shows instances where the SPX made higher highs while the SPX/VIX did not, and vice versa, indicating potential future movements [2] Zweig Breadth Thrust (ZBT) Monitoring - The ZBT is being monitored for a possible bullish signal, requiring the 10-day average of the NYSE advancing/NYSE Total to reach .40 or lower and then rally to .60 or higher within ten days [3] - The ZBT closed at .38 on November 20 and at .45 on November 21, initiating the countdown, with a target of .60 by December 5 [3] - As of the latest data, the ZBT closed at .55, just .05 shy of the target, with two trading days remaining [3] GSG Commodity Index Outlook - The GSG Commodity Index has rallied 300% from the COVID 2020 low to mid-2022, followed by a narrow trading range that retraced 38.2% of the rally, indicating a potential consolidation phase [4] - Increased volume over the last three months suggests a developing "sign of strength" and a nearing breakout for the GSG index, which includes grains, metals, and energy [4] - The outlook for gold and silver is positive, although higher inflation is anticipated [4]

Financial Data and Key Metrics Changes - Total revenues for the first half of 2025 were $61.2 million, climbing 55.5% year over year [5][22] - Gross loss recorded was $1.2 million, with a gross margin of -2% compared to 6% in the prior year [23] - Net loss for the first half of 2025 was $136.3 million, primarily driven by non-cash impairments [24] - Adjusted EBITDA was -$7.1 million, compared to -$2.6 million last year, reflecting ongoing investments in business transformation [25] Business Line Data and Key Metrics Changes - Talent management revenue surged 110.6% year over year to $46.1 million [8][22] - Event production revenues grew 30.1% year over year to $11.3 million [9][22] - Esports revenue was $3.8 million, impacted by timing effects and fewer sponsorships [5][22] Market Data and Key Metrics Changes - In China, esports experienced first-half softness due to market normalization and delayed revenue recognition [5] - Western esports showed signs of recovery, with expectations to break even or make a slight profit on an adjusted EBITDA basis in the second half of 2025 [6][12] Company Strategy and Development Direction - The company is focusing on a dual-engine model, with entertainment as the core and a new mining and digital assets division as the second growth engine [4][12] - Plans to expand into music festivals and broader live entertainment, with a pipeline of events across key cities [9][10] - The establishment of a mining and digital asset division aims to combine near-term monetization through Bitcoin mining with long-term strategic positioning in digital infrastructure and AI computing [14][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive adjusted EBITDA in the second half of 2025, supported by operational efficiency and financial incentives from Abu Dhabi [11][25] - The company anticipates a meaningful cash flow visibility from mining operations, with potential annualized revenue exceeding $300 million [20] Other Important Information - The company recorded non-cash goodwill impairment of $106.3 million and intangible asset impairment of $19.5 million, primarily related to the Ninjas in Pajamas brand [24] - The company is on track to open its first esports-themed hotel in January, which is seen as a significant opportunity for revenue generation [10][55] Q&A Session Summary Question: Applicability of event production model geographically and financially - Management confirmed the model is highly replicable in China and selected international markets, with plans for around 10 more large-scale music festivals next year [31][32] Question: Competitive performance and profitability in esports segment - Management expects league revenue confirmation letters to normalize in the second half of 2025, which will improve performance [33] Question: Trajectory into the second half of 2025 and beyond - Management indicated that the reported loss was primarily due to non-cash impairments and expects continued revenue momentum and cost efficiency improvements [36][37] Question: Differentiation versus pure player miners in the mining division - Management highlighted the strategic advantage of existing brand recognition and partnerships, allowing for rapid scaling of mining capacity [39][41] Question: Update on Abu Dhabi headquarters build-out and financial impacts - Management reported that the headquarters build is progressing on schedule and is already benefiting from financial incentives [44][46] Question: Rationale behind goodwill and intangible asset impairments - Management explained that the impairments reflect a necessary adjustment to align with current market conditions and do not impact liquidity [47][48] Question: Progress on additional asset purchase agreements for mining capacity - Management confirmed that the acquisition remains active and is targeting a December closing [50] Question: Update on esports hotel strategy - Management expressed excitement about the upcoming opening and plans for aggressive expansion in the esports hotel business [54][55]

Market Overview - The US dollar has gained against major currencies, particularly the Japanese yen and New Zealand dollar, with a notable increase of 0.24% against the yen [1] - The dollar's strength is attributed to hawkish Federal Reserve minutes indicating a lower likelihood of a December rate cut, with the probability now at around 25%, down from 50% [2][3] Federal Reserve Insights - The minutes from the Federal Reserve's latest monetary policy meeting revealed that many participants do not see a need for a December rate cut, while several believe it may be warranted [2] - Most Fed members agree that further reductions to the federal funds rate are appropriate, suggesting that a potential December cut would not indicate a change in policy direction [4] Labor Market Data - Market participants are focused on the delayed Non-Farm Payroll (NFP) report for September, which is expected to show a small improvement in job gains, rising from 22,000 to 53,000 [7][8] - A reading above 100,000 may be necessary for traders to adopt a more hawkish stance regarding future rate cuts [8] Japanese Yen Performance - The Japanese yen has weakened significantly, with the dollar/yen exchange rate surpassing 156.80, as Japan's Finance Minister stated that the yen was not discussed with the Bank of Japan (BoJ) Governor [9] - Traders interpreted this as a lack of imminent intervention, leading to increased short positions on the yen [10] Economic Outlook - The probability of a December rate hike by the BoJ is currently at 30%, with a slight majority of economists expecting a rate increase in the near future [10] - Further declines in the yen could potentially lead to a rate hike as policymakers aim to prevent inflation spikes [12] Nvidia's Market Impact - Nvidia's revenue forecasts exceeded analysts' expectations, contributing to a positive sentiment on Wall Street, with all three main indices closing higher [13] - Despite this, concerns about a potential tech bubble remain due to high forward price-to-earnings ratios in the S&P 500 [14]

Get 100% ad-free experience With Alphabet's shares up 46% year-to-date on AI and data center momentum, the move underscores a nuanced shift: blending value discipline with selective growth exposure. Bear in mind that Warren Buffett is stepping down as CEO by year-end. Thus, selling out of Apple and into Google might be the workings of Berkshire's new managers. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Why Rotate? Apple Out, Google In as Warren Buffett' ...