Companionship between dogs and people is so pervasive as to pass almost unregarded. Yet viewed objectively, it is among the most peculiar affiliations in the animal kingdom. How did it start? https://t.co/Sz0wtUVlvZ ...

AI应用 - AI模型正被全球范围内的人们用于不同程度的陪伴，包括虚拟伙伴、导师、治疗师或恋人 [1]

Core Argument - The essence of companionship and shared experiences, particularly over food and drink, is not about the food or drink itself, but the connection, support, and storytelling that occur [6][8][13] - Attentiveness and genuine presence during these shared moments transform ordinary times into sacred, treasured experiences [14][15] - Companionship enriches relationships by fostering trust, respect, deep listening, and mutual care [9][23] Examples and Illustrations - Memorable experiences often involve sharing a drink or meal with others, contrasting with solitary experiences [3][4][5] - Stories, like those in Star Wars, highlight the importance of companions in achieving success and overcoming challenges [10][11][12] - Social media influencers demonstrate the power of offering a simple cup of tea or a warm place to connect with strangers and address deeper issues [19][20][21] Practical Applications - Creating spaces for shared meals and conversations, such as youth retreats, fosters genuine bonds and allows individuals to feel seen and recognized [16][17][18] - Extending companionship and care to strangers and neighbors can equip individuals to better persevere through life's struggles together [22][24]

Sanctuary Impact - Sanctuary has a profound impact on elephants healing from mental, physical, and emotional traumas [5] - Sanctuary aims to restore autonomy to elephants, creating conditions for them to rediscover who they are [9] - Sanctuary provides a culture of respect, deep listening, and autonomy, departing from systems of control [24] Elephant Behavior & Healing - Elephants' healing can begin in connection with others [11][12] or independently [12] - Elephants' individual needs and preferences regarding space and companionship should be respected [19][20] - Elephants' healing requires the freedom to decide when to rest, where to roam, and how to be [23] Case Studies - Maya and Gita, after experiencing hostility in captivity, formed a special friendship in the safety of the sanctuary [6][7][11] - Hana, after years of isolation, became a master of relationship and welcomes new elephants [12][17] - Lady, fiercely independent, found joy and connection while maintaining her preferred solitude [18][21] Industry Call to Action - Countries are starting to ban performing elephants [4] - Zoos are voluntarily relocating elephants to sanctuaries due to growing awareness [5] - The industry should impose less, listen more, and restore what's been lost for elephants [25]

Financial Data and Key Metrics Changes - Q2 revenue was $124 million, up 3% from Q1 and flat year-over-year [5][14] - Non-GAAP gross margin was 69.3%, a 30 basis point increase quarter-over-quarter and year-over-year [6][15] - Adjusted EBITDA margin expanded to 34.1% [6][15] - Non-GAAP EPS was $0.24, up from $0.22 in Q1 and $0.23 year-over-year [16] - Free cash flow in Q2 was $31.3 million, with a free cash flow margin of 25.2%, up from $23.3 million and 19.4% in Q1 [16][17] Business Line Data and Key Metrics Changes - Communications and computing segment grew 20% sequentially and 26% year-over-year, with the server segment growing 85% year-over-year [10][24] - Industrial and automotive segment declined sequentially but is expected to normalize by year-end [11][12] - Total revenue from new products continues to grow strongly, on track to exceed 2025 goals [12] Market Data and Key Metrics Changes - Communications and computing segment growth driven by data center infrastructure, including network interface cards and security appliances [10] - Industrial and automotive segment is recovering, with expectations for strong growth in 2026 [11][39] - Record design wins across all segments, particularly in hyperscalers and robotics [54] Company Strategy and Development Direction - Company continues to execute long-term strategy, focusing on innovation and customer engagement [5][13] - Emphasis on small to mid-range FPGAs as a growth area, positioning as a companion to AI accelerators and other chips [96] - Anticipation of increased revenue from AI-related applications, targeting high teens in 2025 and mid-20s in 2026 [93] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about market conditions improving compared to Q1, with strong demand in communications and computing [6][12] - Confidence in recovering industrial and automotive segments, with expectations for normalized inventory levels by year-end [11][39] - Management highlighted strong backlog and design wins as indicators of future growth [103] Other Important Information - Company remains debt-free with strong cash flow, allowing for capital return strategies [18] - Ongoing share repurchase program, with $46 million repurchased in the quarter [18] Q&A Session Summary Question: Insights on companionship opportunities and data center infrastructure - Management believes Lattice is well-positioned to benefit from AI infrastructure spending growth, with strong growth in the server segment [24][25] Question: Update on new products versus core products - New products are expected to exceed high teens growth in 2025, with a significant contribution from the server segment [27][30] Question: Confidence in business model and future opportunities - Management expressed confidence in the durability of the FPGA business model and strong revenue growth potential [34][35] Question: Revenue growth target for 2026 - Management confirmed that the 15% to 20% revenue growth target for 2026 remains viable [37][38] Question: Impact of tariffs and geopolitical factors - Management indicated that current supply chain structures mitigate potential tariff impacts, with no significant direct effects observed [73][75] Question: Growth drivers in communications and computing - Management identified several growth drivers, including increased CapEx from hyperscalers and record design wins [80][82] Question: Recovery in industrial and automotive segments - Management expects industrial and automotive segments to normalize and grow in line with demand [83] Question: New product growth tied to communications and computing - Management anticipates growth across both communications and computing as well as industrial and automotive segments [90]