如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自 theregister 。 在英特尔将其Omni-Path互连技术剥离给Cornelis Networks五年后，这家公司终于准备好凭借其 400Gbps CN5000系列交换机和网卡（NIC）正面对抗老对手Nvidia的InfiniBand技术。 这一次，Cornelis的目标不仅限于超级计算机和高性能计算（HPC）集群，它还希望借助更高的性 价比切入AI热潮，与Nvidia展开竞争。 对于那些早已将Omni-Path抛诸脑后的读者，以下是快速回顾：Omni-Path最初由英特尔于2015年 开发，是一种无损互连技术，在许多方面与Nvidia的InfiniBand网络相似，主要面向高性能计算应 用。 第一代Omni-Path交换机提供4.8Tbps带宽，共有48个100Gbps端口，曾部署于多个超级计算平 台，如洛斯阿拉莫斯国家实验室的Trinity系统和美国能源部的Cori系统。 但 到 了 2019 年 ， 英 特 尔 放 弃 了 该 项 目 ， 并 于 2020 年 9 月 将 该 业 务 部 门 剥 离 成 立 Cornelis Netw ...

Core Viewpoint - Cornelis Networks has launched the CN5000 series, a 400Gbps Omni-Path technology aimed at enhancing AI and HPC performance, with plans for future UltraEthernet integration [1][19]. Group 1: Product Overview - The CN5000 series is designed for AI and HPC applications, supporting deployments of up to 500,000 endpoints and providing advanced lossless data transmission and congestion avoidance features [19][20]. - The CN5000 utilizes Omni-Path architecture, which includes credit-based flow control and dynamic fine-grained adaptive routing to ensure high performance and reliability [20][22]. - The series includes both air-cooled and liquid-cooled switch options, addressing the cooling needs of large AI companies [5][22]. Group 2: Performance Metrics - The CN5000 demonstrates superior performance in HPC workloads, achieving up to 30% faster execution in computational fluid dynamics and climate modeling compared to InfiniBand NDR [22]. - For AI applications, the CN5000's collective communication speed is six times faster than RoCE, enhancing the efficiency of large language model training [19][22]. Group 3: Future Developments - The upcoming CN6000 series, set for release in 2026, will integrate Omni-Path with Ethernet support, doubling bandwidth capabilities [16][21]. - The CN7000 series, expected in 2027, will combine UltraEthernet standards with Omni-Path architecture, targeting the most demanding AI and HPC environments [17][21]. Group 4: Market Positioning - Cornelis Networks aims to provide a cost-effective alternative to NVIDIA's InfiniBand, capitalizing on the growing demand for high-performance networking solutions in AI and HPC sectors [18][19].

Group 1: Company Overview - MiTAC Computing Technology Corporation is a leading server platform design and manufacturing company, a subsidiary of MiTAC Holdings Corporation, showcasing innovations in AI infrastructure at COMPUTEX 2025 [1][6] - The company specializes in AI, high-performance computing (HPC), cloud, and edge computing, ensuring uncompromising quality at system and rack levels [6][7] Group 2: Product Innovations - MiTAC Computing introduced the MiTAC G4527G6 server, optimized for NVIDIA MGX architecture, supporting NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs and NVIDIA H200 NVL platform for enterprise AI workloads [1][2] - The G4527G6 server accommodates up to eight NVIDIA GPUs, 8TB of DDR5-6400 memory, and integrates four NVIDIA ConnectX-8 SuperNICs, delivering up to 800 Gb/s of networking [2][3] - The MiTAC G4527G6 server configuration supports a wide range of AI-enabled enterprise applications, providing up to 1.8X faster LLM inference and 1.3X improved HPC performance compared to the previous generation [5] Group 3: Market Positioning - MiTAC Computing aims to build enterprise AI factories with a full-stack platform optimized for next-gen enterprise AI, offering over 100 customizable configurations [4][5] - The company leverages advancements in AI and liquid cooling, integrating Intel DSG and TYAN server products to enhance innovation, efficiency, and reliability [7]

Amdocs Limited NASDAQ: DOX Fiscal Q2 2025 Earnings Presentation May 7, 2025 Shuky Sheffer President & CEO Tamar Rapaport-Dagim CFO & COO Disclaimer The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in Amdocs Limited securities or in any securities of its affiliates or subsidiaries. This presentation and the comments made by members of Amdocs manage ...

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $1,130,000,000, an increase of 4% year-over-year in pro forma constant currency, exceeding the midpoint of guidance [5][22] - Non-GAAP earnings per share (EPS) was $1.78, above the guidance range, primarily due to a lower than expected non-GAAP effective tax rate [6][24] - The twelve-month backlog increased by 3.5% year-over-year to $4,170,000,000, indicating strong demand and a healthy pipeline [6][29] Business Line Data and Key Metrics Changes - Revenue from managed services reached a record $747,000,000, up 3.7% from the previous year, accounting for 66% of total revenue [24] - The company reported a non-GAAP operating margin of 21.3%, which improved by 10 basis points sequentially and by 290 basis points year-over-year [23][24] Market Data and Key Metrics Changes - North America showed slight sequential growth and a 1.4% increase year-over-year in pro forma constant currency [22] - Europe rebounded from previous weaknesses, benefiting from new deal activities and contributions from acquisitions [22] - Southeast Asia experienced healthy customer activity, while Latin America showed mixed trends, leading to a sequential decline in the Rest of the World [22] Company Strategy and Development Direction - The company is focused on accelerating the adoption of GenAI in the telecom industry, collaborating with NVIDIA to enhance AI capabilities [16][17] - Amdocs aims to deliver double-digit growth in cloud-related revenue for fiscal 2025, supported by strong sales momentum and strategic partnerships [10][30] - The multi-pillar growth strategy emphasizes innovation in cloud, digital transformation, and network automation to meet customer needs [9][12] Management's Comments on Operating Environment and Future Outlook - Management noted rising global macroeconomic uncertainty but believes Amdocs is well-positioned to navigate the environment due to its unique business model [18][19] - The company reiterated a revenue growth outlook of 2.7% for fiscal 2025, with a tightened range of 1.7% to 3.7% [19][30] - Amdocs expects to achieve double-digit total shareholder returns for the fifth consecutive year, supported by improved profitability and cash conversion [31] Other Important Information - The company repurchased $135,000,000 of its own shares and authorized a new share repurchase plan of $1,000,000,000 [27][28] - Free cash flow for Q2 was $181,000,000, with a target of $710,000,000 to $730,000,000 for fiscal 2025 [28] Q&A Session Summary Question: Focus on AI contributions to revenue growth - Management indicated that GenAI activities are closely linked to data, with positive signs of proof of concepts maturing into real deals [34][36] Question: Customer spending behavior - Management reported no significant changes in customer spending behavior despite rising macroeconomic concerns [46][47] Question: Fluctuations in accounts receivable - Management explained that fluctuations in accounts receivable are normal due to the nature of project milestones and invoicing cycles [48][50] Question: Progress on AI offerings and contracting - Management noted good progress in data-related activities supporting GenAI, with several customers making significant strides [53][54]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $1,130,000,000, an increase of 4% year-over-year in pro forma constant currency, exceeding the midpoint of guidance [5][21] - Non-GAAP earnings per share (EPS) was $1.78, above the guidance range, primarily due to a lower than expected non-GAAP effective tax rate [6][24] - The twelve-month backlog increased by 3.5% year-over-year to $4,170,000,000, supported by a strong pipeline [6][29] Business Line Data and Key Metrics Changes - Revenue from managed services reached a record $747,000,000, up 3.7% from a year ago, accounting for 66% of total revenue [24] - The company reported a non-GAAP operating margin of 21.3%, improving by 10 basis points sequentially and by 290 basis points year-over-year [23] Market Data and Key Metrics Changes - North America saw a slight sequential increase and a 1.4% year-over-year increase in pro forma constant currency [22] - Europe rebounded from previous weaknesses, benefiting from new deal activities and contributions from acquisitions [22] Company Strategy and Development Direction - The company is focused on accelerating the telco industry's adoption of GenAI and enhancing cloud services, with expectations of double-digit growth in cloud-related revenue for fiscal 2025 [16][30] - Amdocs is collaborating with Microsoft for cloud migrations and has secured significant projects in various regions, including the Philippines and Japan [7][10] Management's Comments on Operating Environment and Future Outlook - Management noted rising global macroeconomic uncertainty but believes the company is well-positioned due to its unique business model [18] - The company reiterated a revenue growth outlook of 2.7% for fiscal 2025, with a tightened range of 1.7% to 3.7% [19][30] Other Important Information - The company repurchased $135,000,000 of its own shares and authorized a new share repurchase plan of $1,000,000,000 [27][28] - Free cash flow before restructuring payments was $181,000,000, with a target of $710,000,000 to $730,000,000 for fiscal 2025 [28] Q&A Session Summary Question: Focus on AI contributions to revenue growth and collaboration with NVIDIA - Management indicated that GenAI activities are closely linked to data, with ongoing progress in AI-related projects contributing to revenue growth [34][35] Question: Customer spending behavior changes - Management reported no significant changes in customer spending behavior despite rising macroeconomic concerns [45][46] Question: Fluctuations in accounts receivable and unbilled balances - Management explained that fluctuations are normal due to the nature of various projects and milestones, and they do not guide for these balances due to their unpredictability [47][49] Question: Progress on AI offerings and contracting - Management noted good progress in data-related activities supporting GenAI, with several customers making significant strides, although specific names could not be disclosed [52][54]