Latest news with #NVM
Business Wire
5 days ago
- Business
- Business Wire
NVM Express Publishes Set of NVMe Specifications, Enabling New Capabilities for AI, Cloud, Enterprise, and Client Storage
BEAVERTON, Ore.--(BUSINESS WIRE)-- NVM Express, Inc. today announced important new features and engineering change notices (ECNs) across the set of 11 NVM Express ® (NVMe ®) specifications. These advancements further strengthen NVMe technology to meet the growing demands of data-intensive AI, cloud, enterprise, and client applications. The updated specifications include: NVMe 2.3 Base Specification Command Set Specifications (NVM Command Set 1.2, ZNS Command Set 1.4, Key Value Command Set 1.3, Subsystem Local Memory Command Set 1.2, Computational Programs Command Set 1.2) Transport Specifications (NVMe over PCIe ® Transport 1.3, NVMe over RDMA Transport 1.2, NVMe over TCP Transport 1.2) NVM Express Management Interface (NVMe-MI™) 2.1 Specification NVMe Boot 1.3 Specification 'The newly released NVMe set of specifications introduces features that directly address operational challenges by empowering administrators with increased visibility and control over their storage for business-critical and data center applications,' said Amber Huffman, President of NVM Express. 'NVMe technology is architected for continuous evolution to remain the essential, high-performance interface for the storage of today and tomorrow.' Key New NVMe Features Rapid Path Failure Recovery: Permits communication with the NVM subsystem through alternative channels, allowing for rapid recovery in the event of the loss of communication to a controller to avoid data corruption and duplication of outstanding commands. Power Limit Config: Provides complete control over the maximum power of an NVMe device, particularly important for older systems with limited power capabilities. Self-reported Drive Power: Allows the host to measure and monitor NVMe device power, as well as power consumption over the lifetime of the device, addressing ongoing maintenance and sustainability concerns. Sanitize Per Namespace: Enables cryptographic erase sanitization on individual namespaces, as opposed to broadly impacting the entire NVM subsystem. Configurable Device Personality: Supports mechanisms that allow a host to securely modify the NVM subsystem configuration, easing inventory management for device providers. The NVM Express specifications and the new feature specifications are available for download on the NVM Express website. To learn more about the newly released NVMe features, attend the NVM Express presentation track on August 6 and 7 at FMS: the Future of Memory and Storage 2025, in Santa Clara, CA About NVM Express, Inc. With more than 100 members, NVM Express, Inc. is a non-profit organization focused on enabling broad ecosystem adoption of high-performance and low-latency non-volatile memory (NVM) storage through a standards-based approach. The organization offers an open collection of NVM Express ® (NVMe ®) specifications and information to fully expose the benefits of non-volatile memory in all types of computing environments from mobile to data center. NVMe-based specifications are designed from the ground up to deliver high bandwidth and low-latency storage access for current and future NVM technologies. For more information, visit The NVM Express Logo and the NVM Express, NVMe and NVMe-MI word marks are registered and unregistered, trademarks and service marks of NVM Express, Inc. in the United States and other countries. Unauthorized use is strictly prohibited.
Business Wire
29-07-2025
- Business
- Business Wire
SkyWater Technology Expands Leadership in U.S. Semiconductor Manufacturing With Infineon IP License Agreement
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced a license agreement with Infineon Technologies, granting access to a robust library of silicon-proven, mixed-signal ASIC design IP. This new IP enables customers to design and build high-reliability mixed-signal SoCs entirely within a secure U.S. supply chain – a strategic milestone for U.S. semiconductor independence that extends SkyWater's leadership in domestic innovation. The licensed IP, originally developed by Cypress Semiconductor and validated in high-volume, automotive-grade applications, will be released through SkyWater's S130 platform. SkyWater is uniquely positioned to support both commercial and defense markets at scale. 'This is about reshaping the future of semiconductor innovation in the U.S.,' said Ross Miller, SVP of SkyWater's Commercial and A&D Business. 'Today, over 90% of global mixed-signal ASIC chip production happens offshore, despite these mature nodes being critical for automotive, industrial, and defense systems. We're changing that. By combining proven, silicon-validated IP with trusted U.S. manufacturing, we're empowering customers to design and manufacture reliable mixed-signal ASICs at scale within a secure domestic supply chain.' The S130 platform builds on decades of success, offering a comprehensive suite of mixed-signal building blocks, including embedded Non-Volatile Memory (NVM) options and SRAM compilers. These capabilities have powered billions of devices across automotive, industrial, medical, and consumer sectors. Now, SkyWater is extending this proven foundation to new ASIC developers, system companies, and government customers seeking long-term support and scalable U.S. manufacturing solutions. 'The S130 platform has earned its reputation for reliability in demanding real-world environments,' said Percy Gilbert, SVP of Engineering at SkyWater. 'By making this IP accessible, we're enabling customers to reduce design risk, accelerate time to market, and lower development costs when building complex analog and mixed-signal ASICs – all while leveraging a mature, silicon-proven platform.' SkyWater plans to integrate this IP portfolio into its Technology as a Service (TaaS℠) model, enabling customers to design sophisticated, high-reliability mixed-signal SoCs with components that have been validated in automotive and mission-critical real-world applications. The portfolio includes key components such as analog-to-digital converters (ADCs), digital-to-analog converters (DACs), power management, timing, and communications modules – validated in mission-critical applications. Phased Release Based on Market Demand SkyWater will prioritize the conversion of these IP blocks for general foundry use based on customer demand across various markets. It will provide full design enablement support including PDKs, documentation, and integration assistance for qualified engagements. With this agreement, SkyWater continues to redefine what it means to be a trusted U.S. foundry partner, delivering advanced technology solutions that drive innovation and strengthen domestic semiconductor independence. To express interest or initiate engagement, visit: or contact sales@ About SkyWater Technology SkyWater (NASDAQ: SKYT) is a U.S.-based semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Supplier. SkyWater's Technology as a Service model streamlines the path to production for customers with development services, high-volume production and heterogeneous integration solutions in its U.S. facilities. This pioneering model enables innovators to co-create the next wave of technology within diverse categories including mixed-signal CMOS, read-out ICs, embedded computing, rad-hard ICs, memory and logic devices, power management ICs, MEMS, superconducting ICs, photonics and advanced packaging. SkyWater serves the growing markets of aerospace & defense, automotive, biomedical, industrial and quantum computing. For more information, visit: SkyWater Technology Forward-Looking Statements This press release contains 'forward-looking' statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on SkyWater's current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties and assumptions, which may cause SkyWater's actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause SkyWater's actual results to be different than expected or anticipated include, but are not limited to, ability to realize the expected benefits of the Fab 25 acquisition; ability to promptly and effectively integrate Fab 25's operations; negative effects relating to the consummation of the proposed Fab 25 transaction on the market price of SkyWater's common stock; significant transaction costs and/or unknown or inestimable liabilities; general economic and business conditions that may affect the combined company following the consummation of the proposed Fab 25 transaction; and other factors discussed in the 'Risk Factors' section of its annual report on Form 10-K and quarterly reports on Form 10-Q, and in other documents that SkyWater files with the SEC, which are available at SkyWater assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.
Yahoo
06-06-2025
- Politics
- Yahoo
Advocates raise concerns after video appears to show ICE detain people outside immigration court
STERLING, Va. (DC News Now) — Video shared with DC News Now, taken by the advocacy group New Virginia Majority (NVM), appears to show U.S. Immigration and Customs Enforcement (ICE) agents making arrests outside an immigration court in Loudoun County. Sofia Saiyed, a campaign coordinator with NVM, took one of the videos and told DC News Now she believes the people detained were taken to a detention center in Farmville. 'Sometimes they would take them one by one, and sometimes they would pack the van with a few detainees and then drive away,' she said. Hagerstown rallies for return of Vietnamese woman detained by ICE It's unclear who the detained individuals are or why they are being detained. DC News Now reached out to ICE to learn more about the apparent arrests and to learn when it would conduct an operation at a courthouse. An ICE official has not yet responded. Saiyed said she thinks the government is following a specific tactic that starts with an ICE prosecutor asking the judge to dismiss an immigration case. 'The judge will let people know that they have the ability to appeal. The individual will say, 'Yes, I want to appeal,'' she said. 'Then, they'll step out of the courtroom… and immediately be arrested.' People who want to stay in the U.S. and are trying to prove why they should be allowed to, often come to the immigration court in Sterling. Many times, it can lead to a trial where they present evidence, offer witness testimonies, and then a judge will decide whether they can stay. Miguel Palmeiro, an immigration attorney in Northern Virginia, said he now has clients who are afraid to go to court — even for people he believes have strong asylum cases. 'We had submitted something like over a thousand pages of proof of their asylum claim, and now the client's too scared,' he said. 'So the client doesn't show up to court and then they don't even have a chance to win their case… We're not even getting to the real issue of, 'should they be in America or not.'' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
30-05-2025
- Business
- Yahoo
Are Investors Undervaluing Novem Group S.A. (ETR:NVM) By 36%?
Using the 2 Stage Free Cash Flow to Equity, Novem Group fair value estimate is €6.91 Current share price of €4.45 suggests Novem Group is potentially 36% undervalued Novem Group's peers are currently trading at a premium of 202% on average In this article we are going to estimate the intrinsic value of Novem Group S.A. (ETR:NVM) by projecting its future cash flows and then discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (€, Millions) €19.1m €20.5m €29.2m €25.5m €23.3m €22.0m €21.2m €20.7m €20.5m €20.4m Growth Rate Estimate Source Analyst x2 Analyst x2 Analyst x1 Est @ -12.80% Est @ -8.58% Est @ -5.63% Est @ -3.56% Est @ -2.11% Est @ -1.10% Est @ -0.39% Present Value (€, Millions) Discounted @ 7.9% €17.7 €17.6 €23.3 €18.8 €15.9 €13.9 €12.5 €11.3 €10.4 €9.6 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = €151m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (1.3%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 7.9%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = €20m× (1 + 1.3%) ÷ (7.9%– 1.3%) = €313m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= €313m÷ ( 1 + 7.9%)10= €147m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is €297m. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Relative to the current share price of €4.5, the company appears quite undervalued at a 36% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula - garbage in, garbage out. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Novem Group as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 7.9%, which is based on a levered beta of 1.527. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for Novem Group Strength No major strengths identified for NVM. Weakness Earnings declined over the past year. Interest payments on debt are not well covered. Opportunity Trading below our estimate of fair value by more than 20%. Threat Debt is not well covered by operating cash flow. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. Can we work out why the company is trading at a discount to intrinsic value? For Novem Group, we've put together three relevant elements you should consider: Risks: Every company has them, and we've spotted 2 warning signs for Novem Group (of which 1 is potentially serious!) you should know about. Future Earnings: How does NVM's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other Solid Businesses: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the XTRA every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
