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Yahoo
17 minutes ago
- Yahoo
Japan tech giant SoftBank Group sees better fortunes on surging AI stocks
TOKYO (AP) — Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April-June quarter, rebounding from a loss a year earlier as its investments benefited from the craze for artificial intelligence. Quarterly sales at Tokyo-based SoftBank Group, which invests heavily in AI companies like Nvidia and Open AI, rose 7% to 1.8 trillion yen ($12 billion), the company said Thursday. SoftBank's loss in April-June 2024 was 174 billion yen. The company's fortunes tend to fluctuate because it invests in a range of ventures through its Vision Funds, a move that carries risks. The group's founder Masayoshi Son has emphasized that he sees a vibrant future in AI. SoftBank has also invested in Arm Holdings and Taiwan Semiconductor Manufacturing Co. Both companies, which produce computer chips, have benefitted from the growth of AI. 'The era is definitely AI, and we are focused on AI,' SoftBank senior executive Yoshimitsu Goto he told reporters. 'An investment company goes through its ups and downs, but we are recently seeing steady growth.' Some of SoftBank's other investments also have paid off big. An example is Coupang, an e-commerce company known as the 'Amazon of South Korea,' because it started out in Seoul. Coupang now operates in the U.S. and other Asian nations. Goto said preparations for an IPO for PayPay, a kind of cashless payment system, were going well. The company has already held IPOs for Chime, a U.S. 'neobank' that provides banking services for low-credit consumers, and for Etoro, a personal investment platform. ___ Yuri Kageyama on Threads:
Yahoo
17 minutes ago
- Yahoo
Acer Announces Net Income for Q2'25 at NT$1.08 Billion, Up 110.6% Quarter-on-quarter
TAIPEI, Aug. 7, 2025 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its financial results for the second quarter of 2025. Despite the influence from exchange rates and tariffs, consolidated revenues reached NT$66.53 billion, up 8.5% quarter-on-quarter (QoQ) and flattish year-over-year (YoY); gross profits reached NT$6.73 billion with 10.1% margin and 3.9% growth QoQ; operating income was NT$734 million with 1.1% margin; net income[1] was NT$1.08 billion, up 110.6% QoQ with earnings-per-share NT$0.36. For H1 2025 Acer's consolidated revenues reached NT$127.87 billion with flattish growth YoY; gross profits reached NT$13.21 billion with 10.3% margin; operating income was NT$1.77 billion with 1.4% margin; and net income[1] was NT$1.60 billion with earnings-per-share of NT$0.53. Acer will launch new products across its portfolio at its next@acer global press conference held on September 3 in Berlin. The company will also showcase AI solutions across hardware, software, and services. [1] Net income is reported as profit-after-tax in Acer's financial statements About Acer Founded in 1976, Acer is one of the world's top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 9,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit for more information. © 2025 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra. View original content to download multimedia: SOURCE Acer Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17 minutes ago
- Yahoo
MiTAC Computing Partners with Industry Leaders on Open AI Server Solutions at OCP APAC Summit 2025
TAIPEI, Aug. 6, 2025 /PRNewswire/ -- MiTAC Computing Technology Corporation, a leading server platform designer, manufacturer, and a subsidiary of MiTAC Holdings Corporation (TSE:3706), displays its latest AI-optimized compute and GPU servers at the OCP APAC Summit 2025 (booth G04), spearheading the development of efficient and sustainable future data centers. Featured platforms include our liquid-cooled C2820Z5, the cost-efficient C2810Z5, the flexible Capri Series, and the AI-centric G4527G6 – all built for modular, scalable data center deployments in collaboration with AMD, Intel, Micron, Murata, Samsung and Solidigm. Liquid and Air Cooled MiTAC OCP Servers for Every Data Center Need, Paired with Solidigm and Samsung Innovations The MiTAC C2820Z5 server represents a compelling proof of concept for direct liquid-cooled, high-density computing in OCP environments. Ideal for thermally intensive AI workloads, this platform is showcased with Samsung's PM9D3 SSD (MZTL67T6HBLC-00AW7), delivering high-throughput PCIe Gen5 performance, and the Samsung RDIMM DDR5 memory module (M321R8GA0EB2-CCP), optimized for bandwidth-hungry data center applications. Together, they demonstrate a powerful and efficient architecture built for future-forward deployments. Balancing performance and cost-efficiency, the MiTAC C2810Z5 is an air-cooled OCP server built for scalable workloads. It is paired with Solidigm™ D7-PS1010 3.8TB U.2 SSD, designed for consistent QoS and energy efficiency, and the Solidigm™ D7-P5520 7.68TB SSD, which brings high endurance and PCIe Gen4 throughput to the edge of mainstream AI inference and storage-driven compute. This combination offers a practical, deployment-ready solution for operators prioritizing TCO and density. GPU-Powered MiTAC Server Enabling the Enterprise AI Factory The MiTAC G4527G6 is purpose-built for the demands of AI, deep learning, and high-bandwidth computing, and represents yet another successful proof of concept. The G4527G6 serves as a foundational building block in the emerging "Enterprise AI Factory" model, paired with Micron's 9550 NVMe SSD, delivering exceptional PCIe Gen4 performance for data-intensive workloads, and Micron DDR5-6400 DRAM, enabling low-latency AI model training and inference. Production-Ready OCP Servers with Rack-Level Integration for Modern Data Centers: Featuring MiTAC Capri 3 Series and Murata Power Shelves MiTAC Computing's latest production-ready OCP servers, the MiTAC Capri 3 Standard (CP3S11-S) and MiTAC Capri 3 Ultra (CP3S11-U), deliver scalable solutions for a wide range of data center workloads. The Standard model is optimized for general-purpose compute, ideal for virtualized environments and enterprise applications that demand performance without high storage overhead. In contrast, the Capri 3 Ultra supports up to 10 NVMe SSDs, enabling high-density, warm-to-hot storage performance for software-defined storage and data lake deployments. At OCP APAC Summit 2025, MiTAC Computing showcases its rack-level integration capabilities by displaying the CP3S11-U alongside Murata's MWOCES-211-P-D power shelf in a compact mini rack configuration, highlighting a turnkey, modular approach to open infrastructure. By working closely with ecosystem partners across memory, storage, power, and compute, MiTAC Computing showcases the power of collaboration in advancing open, modular infrastructure—enabling next-gen AI and data center scalability. MiTAC OCP Systems: Intel Server Systems: AMD Server Systems: About MiTAC Computing Technology Corporation MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methodologies to ensure uncompromising quality—across barebones, systems, racks, and cluster levels—achieving performance and integration. This commitment to quality at every level sets MiTAC Computing apart. With a worldwide presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing provides agile, customized platforms for hyperscale data centers, HPC, and AI applications, ensuring optimal performance and scalability to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, and unifying the MiTAC brand with Intel DSG and TYAN server products, MiTAC Computing stands out for its innovative, efficient, and reliable server technology and its hardware and software integrated solutions—empowering businesses to meet future challenges. Visit View original content to download multimedia: SOURCE MiTAC Computing Technology Corp. Sign in to access your portfolio
