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It was crazy. So, supercomputers were starting to get deployed at massive scale in research facilities and government agencies and academia. And these supercomputers had enormous processing power, but there was no data infrastructure to really keep up with them.We set out to develop the technology that would power the supercomputers in order to enable these organizations to advance science in in a variety of applications and use cases. ...

Financial Results - Silicom's revenues for Q1 2025 were $14.4 million, unchanged from Q1 2024 [2] - The GAAP net loss for Q1 2025 was $2.8 million, or $0.49 per share, compared to a net loss of $3.4 million, or $0.55 per share in Q1 2024 [2] - On a non-GAAP basis, the net loss for Q1 2025 was $2.1 million, or $0.37 per share, compared to a net loss of $2.4 million, or $0.38 per share in Q1 2024 [3] Guidance - Management projects Q2 2026 revenues to range from $14.5 million to $15.5 million [4] - Growth for 2025 is expected to be in the low single digits, with double-digit growth anticipated starting in 2026 [4] Management Comments - The CEO highlighted strong execution in Q1 2025, with significant Design Win momentum and a growing pipeline expected to accelerate revenue growth in 2026 and beyond [5] - The company secured three important new Design Wins from cybersecurity leaders and a global network test equipment company, indicating strong customer relationships and potential for recurring revenues [5] - The CEO expressed expectations to secure at least 4-6 additional Design Wins in 2025, contributing to future growth [5] Company Overview - Silicom Ltd. is a provider of high-performance networking and data infrastructure solutions, primarily aimed at improving performance in Cloud and Data Center environments [8] - The company's products are utilized by major Cloud players, service providers, telcos, and OEMs, enhancing their infrastructure offerings [9] - Silicom maintains long-term relationships with over 200 customers globally and has more than 400 active Design Wins [10]