Kitron to host Capital Markets Presentation (2025-12-01) Kitron ASA will host a Capital Markets Presentation in Oslo, Norway, on 10 December 2025 to provide an update on strategic and financial ambitions. The Capital Markets Presentation will start at 09:00 CET, last for approximately 1.5 hours including Q&A, and will be webcast at the following link: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20251210_2 For further information, please contact:Cathrin Nylander, CFO, tel: +47 900 43 284E-mail: ...

30 November 2025 | 10:14AM HKT Equity Research Foxconn Industrial Internet (601138.SS): ASIC and diversifying AI servers trend to drive growth ahead; 2028E introduced; Buy We reiterate our positive view on FII and expect the company's comprehensive AI servers offerings and global production sites to secure its leading market position and continue to benefit in the rising ASIC AI servers trend. FII's ASIC AI servers are across leading US CSPs and enterprises, with shipment contribution toward 30% of AI serve ...

Core Viewpoint - Celestica (NYSE: CLS) is considered a solid buy due to its customized solutions offered in both Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS) segments [1] Group 1: Company Overview - Celestica operates in two main segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS) [1] Group 2: Investment Rationale - The company's customized solutions across its segments are highlighted as a key factor for investment attractiveness [1]

Core Insights - Marvell Technology is a mid-tier player in the digital infrastructure industry with a market cap of $72 billion and revenue of $5.77 billion in fiscal year 2025 [3] - The company specializes in high-quality custom XPUs, CPUs, and DPUs, essential for AI and cloud-computing data centers, along with Ethernet and data center switches [2][3] - Marvell's recent quarterly results for fiscal 2Q26 showed revenues of $2 billion, a 57.5% year-over-year increase, although it slightly missed forecasts by $10 million [8] Company Overview - Marvell produces network and connectivity solutions that support enterprise mobility and cloud computing, promoting a 'borderless campus' concept [1] - The company provides hardware for connecting 5G radio access networks to the cloud, integrating networking and computing technologies [7] - Marvell's solutions are critical for building the infrastructure necessary for AI advancements [7] Financial Performance - In fiscal 2Q26, Marvell reported a non-GAAP EPS of 67 cents, aligning with forecasts [8] - The company is expected to benefit from positive trends in AI and cloud computing, with analysts expressing confidence in its growth prospects for 2026 [9] Analyst Insights - Analysts from JPMorgan have a bullish outlook on Marvell, citing strong commentary from major clients like Amazon and positive earnings guidance from related sectors [9] - The stock has an Overweight rating with a price target of $120, suggesting a potential 44% upside over the next year [9] - The consensus rating for Marvell is a Moderate Buy, based on 32 reviews, with an average price target of $93.23 indicating a 12% upside from current levels [10]

(2025-11-26) Reference is made to the stock exchange announcement made by Kitron ASA (the "Company") on 25 November 2025 regarding the allocation of 17,000,000 new ordinary shares in the Company at a subscription price of 57.25 per share in the private placement (the "Private Placement"). The share capital increase relating to the Private Placement has now been registered in the Norwegian Register of Business Entreprises today. The Company's new registered share capital following the registration is NOK 21, ...

HP Inc. (HPQ) - HP shares fell nearly 6% after announcing a weaker-than-expected forecast and plans to cut up to 6,000 jobs [3] - For the first quarter of the next fiscal year, HP expects adjusted earnings between $0.73 and $0.81 per share, with a midpoint of $0.77, slightly below the $0.78 estimate [3] - Despite the weak guidance, HP reported better-than-expected results for the period ending October 31, earning an adjusted $0.93 per share with revenue rising 4.2% year-over-year to $14.64 billion, surpassing analyst expectations of $0.92 per share and $14.53 billion in revenue [4] - HP's CFO stated that the company is taking decisive actions to mitigate cost headwinds and is investing in AI-enabled initiatives to enhance product innovation and customer satisfaction [5] Drug Pricing Negotiations - The Trump administration negotiated a 71% discount on Ozempic and Wegovy for Medicare patients, reducing the price from $959 to $274 for a 30-day supply [6][7] - These price reductions are part of Medicare's drug price negotiation program, expected to save taxpayers $12 billion [7] Foxconn Technology - Foxconn received approval to invest an additional $569 million in Wisconsin to meet the growing demand for AI infrastructure, which will create 1,374 new jobs over the next four years [8][9] - Wisconsin accounts for nearly a quarter of Foxconn's workforce in the U.S., and this investment will double its presence in the state by the end of the decade [9]

(2025-11-25) Reference is made to the stock exchange announcement made by Kitron ASA (the "Company") on 25 November 2025 regarding the successful private placement (the "Private Placement") where the Company allocated 17,000,000 new ordinary shares in the Company ("Offer Shares") at an offer price of NOK 57.25 per share (the "Offer Price"). In connection with the Private Placement, the following persons discharging managerial responsibilities were allocated Offer Shares in the Private Placement at the Offer ...

Core Insights - Celestica Inc. (NYSE:CLS) experienced a significant rebound, rising by 15.17% to close at $322.54 after falling to the $200 range the previous week [1] - The company's net income for Q3 surged by 199% to $267.8 million compared to $89.5 million in the same period last year [2] - Revenues increased by 27.8% year-on-year, reaching $3.194 billion, which is at the high end of the company's guidance [3] - Celestica raised its revenue growth outlook for full-year 2025 to $12.2 billion from $11.55 billion, and adjusted EPS target increased to $5.90 from $5.50 [3] - The company announced a 2026 annual outlook with projected revenue of $16 billion and non-GAAP adjusted EPS of $8.20, indicating growth of 31% and 39% respectively [4] - Strong demand from major customers investing in AI data center infrastructure supports the positive outlook for 2026 and beyond [4]

Core Insights - Celestica Inc. (CLS) and Pinterest, Inc. (PINS) are significant players in the technology sector, each with distinct expertise in electronics manufacturing services and visual recommendation platforms respectively [1][2] Celestica Overview - Celestica is a leading firm in the electronics manufacturing services (EMS) industry, providing a wide range of manufacturing and supply-chain solutions to various sectors including cloud services and original equipment manufacturers [1] - The company has over two decades of manufacturing experience and is focused on delivering cloud-optimized data storage and networking solutions, driven by the increasing demand for AI-based applications [4] - Celestica's product diversification and presence in high-value markets enhance its business resilience, reducing dependence on any single industry [5] - Despite its strengths, Celestica faces challenges with high operating expenses and stiff competition from major players like Foxconn and Flex, which have impacted its profit margins [6] Pinterest Overview - Pinterest offers a platform for users to save and organize visual recommendations, generating revenue through advertisements targeted at millennials and Gen Z [2][7] - The company is enhancing its advertising platform to provide unique value propositions for advertisers, including the Verified Merchants Program that allows brands to showcase shoppable products [7] - Pinterest is focusing on operational improvements and AI integration to enhance ad relevancy and personalization, which is expected to yield long-term benefits [8] - However, Pinterest anticipates a significant increase in operating expenses as it expands its operations and product offerings, facing competition from both larger and smaller firms [10] Financial Performance and Estimates - The Zacks Consensus Estimate for Celestica's 2025 sales and EPS indicates year-over-year growth of 26.3% and 52.1% respectively, with EPS estimates trending upward [11] - In contrast, Pinterest's 2025 sales are expected to grow by 16.1%, with EPS estimates showing a downward trend of 8.9% [12] - Over the past year, Celestica's stock has increased by 227.2%, outperforming the industry growth of 91.6%, while Pinterest's stock has declined by 18.2% [13] Valuation Comparison - Celestica appears more attractive from a valuation perspective, with a price/sales ratio of 2.06 compared to Pinterest's 3.54 [15] - Celestica holds a Zacks Rank of 1 (Strong Buy), while Pinterest has a Zacks Rank of 4 (Sell), indicating a more favorable investment outlook for Celestica [16] Conclusion - Both companies expect improvements in sales and earnings for 2025, but Celestica has demonstrated sharper revenue and EPS growth, making it a more appealing investment option compared to Pinterest [17]

Core Insights - Foxconn is evolving beyond its traditional role as the largest assembler of Apple's iPhones by showcasing its advancements in artificial intelligence at its annual 'Hon Hai Tech Day' [1] - The company has formed a significant partnership with OpenAI, focusing on AI hardware and the development of new equipment for the U.S. market [2] - Foxconn's server business has become its largest revenue driver, contributing to record profits in the September quarter, highlighting the importance of this partnership [3] Group 1 - Foxconn is positioning itself as a major player in the AI hardware space, moving away from solely assembling products [1][2] - The partnership with OpenAI aims to address emerging hardware needs in the AI industry, with insights being shared to enhance product design and prototyping [2] - OpenAI's CEO emphasized the necessity of strong manufacturing partners like Foxconn to expedite product introduction to the market [3] Group 2 - The collaboration is expected to leverage Foxconn's manufacturing capabilities to meet the demands of the AI sector [2][3] - Foxconn's recent financial performance, particularly in its server business, underscores the strategic importance of this partnership for future growth [3] - The relationship between Foxconn and OpenAI is characterized as a natural fit, suggesting a strong alignment of goals and capabilities [3]