Latest news with #energyefficient
TechCrunch
a day ago
- Business
- TechCrunch
Kleiner Perkins-backed Ambiq pops on IPO debut
Ambiq Micro, a 15-year-old manufacturer of energy-efficient chips for wearable and medical devices, closed its first day of trading on Wednesday at $38.53 a share, a 61% increase from the $24 IPO price the company set the previous day. The success of the IPO signals strong investor demand in the public market for new small-cap companies benefiting from AI innovation. Ambiq closed its first day as a public company with a valuation of $656 million (excluding employee options). This represents a significant increase from its last private funding valuation of $450 million in 2023, according to PitchBook. Ambiq has pitched itself as well-positioned to capitalize on the growth driven by AI. 'Because we're so low energy, we can put more intelligence and more AI on board' of edge processors, the company's CTO Scott Hanson told TechCrunch. For the three months that ended March 31, Ambiq posted a net loss of $8.3 million against revenues of $15.7 million, the company's S1 filing shows. The Q1 results mark a slight improvement from the first quarter of 2024, when the company reported a $9.8 million loss on $15.2 million in revenue. Kleiner Perkins and EDB Investments, a Singaporean state-backed entity, are the largest outside backers of Ambiq, according to the filing. Wen Hsieh, who was a general partner at Kleiner Perkins until 2023, first backed Ambiq when the company raised its Series C in 2014. Hsieh also invested in Ambiq after he launched his own venture firm, Matter Venture Partners, two years ago.
Yahoo
2 days ago
- Business
- Yahoo
Vertiv Holdings Co (VRT) Sees 65% Price Surge Over Last Quarter
Vertiv Holdings Co recently appointed Wei Shen as the new president for Greater China, highlighting its strategic focus on expanding its market presence in a key region. Over the last quarter, Vertiv's stock price surged by 65%, reflecting significant investor confidence. This rise aligns with the company's recent initiatives, including the strategic alignment with NVIDIA for AI data centers and the launch of energy-efficient products. Amid a backdrop where major indices like the S&P 500 and Nasdaq have been hitting record highs, these developments added positive momentum, strengthening Vertiv's position in the market. You should learn about the 2 risks we've spotted with Vertiv Holdings Co. AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The appointment of Wei Shen as President for Greater China is poised to amplify Vertiv Holdings Co's (VRT) efforts to capture a larger market share in this critical region, potentially reinforcing its revenue trajectory. This strategic move coincides with the recent share price appreciation of 65% and could bolster the company's standing in AI and data center markets, areas accentuated by its alliance with NVIDIA. Vertiv has demonstrated a very large total return over the past three years. Over the past year, Vertiv's performance outpaced the U.S. market, which grew by 17.7%, and the U.S. Electrical industry, which saw a 52.9% rise. This suggests a strong market positioning, reflective of its efforts in innovation and operational efficiency. The long-term positive share price movement of the company—rising significantly in the last three years—highlights investor confidence in Vertiv's growth narrative. These developments are expected to positively impact revenue and earnings forecasts. Analysts predict a 14% annual revenue growth, reaching US$12.5 billion by 2028, alongside improved profit margins from 7.9% to 15% over the same period. Despite the current share price of US$142.55 being above the consensus price target of US$128.52, implying a 9.84% decline from the target, the upward trend in share price suggests optimism about future earnings potential. Gain insights into Vertiv Holdings Co's future direction by reviewing our growth report. This 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. Companies discussed in this article include VRT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Geek Wire
7 days ago
- Business
- Geek Wire
Seattle startup bets on new chip technology to tackle AI's soaring energy use
GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory . TriMagnetix's co-founders are siblings Madison Hanberry (left) and Aspen White. (LinkedIn Photos) A Seattle startup is developing a processing chip that is predicted to be orders of magnitude more energy efficient than today's semiconductors while integrating seamlessly with existing computing infrastructure. TriMagnetix uses nanomagnetic technology that requires only electrical pulses rather than the constant power stream needed by traditional chips, dramatically reducing electricity consumption and heat generation. The company recently raised a $200,000 angel round from climate venture fund SNØCAP. The startup aims to provide a more sustainable chip solution as the AI boom drives unprecedented demand for the semiconductors powering AI operations. Energy consumption at chip-packed U.S. data centers is expected to more than double within a decade, while these facilities also consume massive volumes of water for cooling. The Trump administration on Wednesday announced efforts to bolster America's leadership in AI, including plans to dismantle environmental protections that it argues can slow data center construction. So why isn't there a widespread scramble to build and deploy nanomagnetic processors to address some of these challenges? 'What we're doing is a totally different paradigm,' said Madison Hanberry, TriMagnetix's co-founder and chief of research and development, adding that there are 'intellectual barriers, capital barriers. And companies that are specialized in semiconductor devices, it doesn't make sense for them to go after this technology right now.' The processing chip sector has experimented with and adopted new strategies for boosting performance, including FinFET (Fin Field-Effect Transistor) and Magnetoresistive RAM technologies. An article last year in the journal Nano Futures explored wide-ranging computing solutions, including nanomagnets. 'The time is ripe to lay out a roadmap for unconventional computing with nanotechnologies to guide future research,' the authors wrote. Back in high school, Hanberry became interested in the concept of spintronics, which combines electronics and magnetics. As an undergraduate at Georgia State University, he joined a research lab led by Alexander Kozhanov and delve into nanomagnetics. Kozhanov, now an associate research professor at Duke University, is an advisor to the startup. In 2023, Hanberry launched TriMagnetix, so named for the company's chip design using nanomagnetic triangles. His sister, Aspen White, is co-founder. There are three other software engineers working for the company. other three members of the startup are software engineers who asked not to be named as they're working for other employers. To advance its work without investing in prohibitively expensive fabrication equipment, TriMagnetix has contracted with the Washington Nanofabrication Facility at the University of Washington. The facility provides access to specialized machinery and technical support needed to build a prototype, which Hanberry expects to complete within six to eight months. 'One barrier that silicon startups have is that everyone associates them with an incredibly high infrastructure cost… We want to show that we can do that on an incredibly small scale,' Hanberry said. 'We want to show that it's possible and reliable for companies to do that with fewer resources.' Jonathan Azoff, a co-founder and general partner at SNØCAP, sees promise in the startup's approach and technology. 'TriMagnetix's breakthrough technology means more compute doesn't have to also mean more energy,' Azoff said via email. 'While corporates are resolved to co-locating nuclear reactors next to data centers, we're investing in a smarter and more efficient pathway, going back to first principles and rethinking compute from the ground up.' The company envisions multiple applications for the chips beyond data centers. The technology resists radiation damage, making it valuable for aerospace applications. Because the chips generate minimal heat unlike traditional semiconductors, they could be ideal for powering wearable electronics such as VR and AR headsets, Hanberry said.
Yahoo
24-07-2025
- Automotive
- Yahoo
Solid State Cooling Market worth $1.93 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 24, 2025 /PRNewswire/ -- The global solid state cooling market will grow to USD 1.93 billion by 2030 from USD 0.97 billion in 2025, at a CAGR of 14.8% from 2025 to 2030 according to a new report by MarketsandMarkets™. The solid state cooling market is driven by the growing demand for compact, silent, and energy-efficient thermal solutions in medical and diagnostic equipment, along with the rising use of such technologies in electric vehicles for managing battery and cabin temperatures. Additionally, the need for highly precise temperature control in semiconductor testing and high-performance electronics fuels adoption. Stricter environmental regulations aimed at reducing the use of refrigerants also encourage a shift toward eco-friendly alternatives. Advancements in thermoelectric materials further enhance system efficiency and scalability, while industries increasingly favor maintenance-free, vibration-free cooling technologies for both industrial and consumer applications. Download PDF Brochure: Browse in-depth TOC on "Solid State Cooling Market" 120 – Tables60 – Figures200 – Pages Solid State Cooling Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 0.97 billion Estimated Value by 2030 $ 1.93 billion Growth Rate Poised to grow at a CAGR of 14.8% Market Size Available for 2021–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Product, Technology, Vertical, and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Shortage of qualified experts with technical know-how regarding thermoelectric cooling and thermal management Key Market Opportunities Emerging applications of solid state cooling technology in aerospace & defense and consumer sectors Key Market Drivers Rising adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) Consumer electronics & semiconductors segment is projected to capture the market share in 2030 The consumer electronics & semiconductors segment is projected to dominate the solid state cooling market during the forecast period due to its broad and mature application base, spanning smartphones, cameras, sensors, laptops, and semiconductor testing equipment. These devices often operate in compact form factors where traditional cooling methods are impractical, making solid-state solutions ideal for providing silent, vibration-free, and precise thermal management. In the semiconductors industry, solid state cooling is critical for maintaining temperature stability during chip fabrication, packaging, and testing processes to ensure performance and reliability. Additionally, the rapid growth of consumer electronics production, particularly in Asia Pacific, and the continuous demand for thermal solutions in high-density, miniaturized electronics contribute to the sustained dominance of the segment in the solid state cooling market. Refrigeration systems segment is expected to record the highest CAGR between 2025 and 2030 Refrigeration systems are expected to register the fastest CAGR in the solid state cooling market due to the growing demand for compact, eco-friendly, and maintenance-free alternatives to conventional compressor-based systems. Solid state refrigeration offers key advantages, such as silent operation, precise temperature control, and the elimination of harmful refrigerants, making it increasingly attractive for medical storage units, portable vaccine carriers, personal cooling boxes, and premium home appliances. The technology's ability to deliver localized and highly efficient cooling in space-constrained environments is particularly appealing in healthcare, cold chain logistics, and consumer applications. Additionally, ongoing R&D efforts to enhance thermoelectric performance and reduce system cost accelerate the commercial viability and adoption of solid-state refrigeration systems across emerging and developed markets. Inquiry Before Buying: North America is likely to hold the second-largest share of the solid-state cooling market in 2030 North America is expected to account for the second-largest share of the solid state cooling industry in 2030, driven by strong demand across high-value industries, such as medical diagnostics, aerospace & defense, automotive, and semiconductor manufacturing. The region benefits from early adoption of advanced thermal management technologies, supported by a robust ecosystem of R&D institutions, government-funded innovation programs, and a focus on eco-friendly alternatives to traditional cooling systems. Additionally, the presence of leading players and system integrators, particularly in the US, further strengthens the regional market. High-performance applications requiring precision, reliability, and silent operation, especially in healthcare and defense, continue reinforcing the region's position as a major contributor to global solid state cooling demand. Key Players Key companies operating in the solid state cooling companies include Ferrotec Holdings Corporation (Japan), Coherent Corp. (US), Delta Electronics, Inc. (Taiwan), Solid State Cooling Systems (US), Komatsu Ltd. (Japan), Same Sky (US), and Tark Thermal Solutions (US), among others. Get 10% Free Customization on this Report: Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting See More Latest Semiconductor Reports: Infrared Imaging Market by Type (Reflective, Thermal), Wavelength (NIR, SWIR, MWIR, LWIR), Component (Cameras, Scopes, Modules), Technology (Cooled, Uncooled), Application (Condition Monitoring, Detection, Security & Surveillance)- Global Forecast to 2030 Food Inspection Devices Market by X-ray Inspection Devices, Metal Detectors, Checkweighers, Vision Inspection Systems, Meat, Bakery & Confectionery, Catering & Ready-to-Eat Meals, Food Packaging, Retail Chains & Hypermarkets - Global Forecast to 2030 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets 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
24-07-2025
- Business
- Yahoo
AAON, Inc. (AAON): A Bull Case Theory
We came across a bullish thesis on AAON, Inc. on Kairos Research'substack. In this article, we will summarize the bulls' thesis on AAON. AAON, Inc. 's share was trading at $79.46 as of July 17th. AAON's trailing P/E were 38.88 according to Yahoo Finance. An engineer inspecting a HVAC system, revealing the complexity of the products. AAON, a leading U.S. manufacturer of semi-custom and fully custom HVAC systems, has delivered over 100,000% returns since its IPO but is down nearly 45% from its November 2024 high amid weak bookings in its AAON-branded segment and a broader HVAC slowdown. Despite near-term headwinds, AAON's BASX brand is thriving, fueled by hyperscale data center demand, with revenue growing at a 40% CAGR and a $625 million backlog up 123% year-over-year. BASX, now 26% of sales, could reach parity with AAON-branded equipment in five years, underpinning double-digit company-wide growth. AAON's value proposition lies in energy-efficient, highly configurable systems that command a price premium yet offer lower lifetime costs, enabling the company to steadily gain share in the replacement HVAC market. Its competitive edge stems from fully integrated engineering and manufacturing, unmatched R&D capabilities at the Norman Asbjornson Innovation Center, and advanced automation, enabling AAON to launch new products ahead of peers. Decarbonization and regulatory tailwinds bolster long-term demand, while expanding national accounts and data center growth present additional opportunities. Financially, AAON maintains a conservative balance sheet, with minimal debt and historically high returns on capital, even amid heavy CapEx to expand capacity, temporarily pressuring free cash flow. Founder Norman Asbjornson remains on the board, with CEO Matt Tobolski steering the company through its next growth phase. While trading at ~40x earnings, AAON's strong market position, durable moat, and BASX-driven growth support the premium. Key risks include economic cyclicality, customer concentration, and elevated valuation, but the company remains well-positioned to compound value over the long term. Previously we covered a bullish thesis on Carlisle Companies Incorporated (CSL) by Max Dividends in April 2025, which highlighted its strong commercial construction positioning, efficiency initiatives, and robust earnings growth prospects. The company's stock has appreciated about 7.24% since our coverage as modernization demand held steady. The thesis still stands. Kairos Research shares a similar view but emphasizes AAON's energy‑efficient, customizable HVAC solutions and BASX-driven data center growth. AAON, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held AAON at the end of the first quarter which was 29 in the previous quarter. While we acknowledge the potential of AAON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None.
