Latest news with #hyperscalers
Zawya
17 hours ago
- Business
- Zawya
Hayo launches local operations in Botswana, Liberia and Malawi to accelerate digital growth across Africa
Gaborone, Botswana – Hayo, a global innovator in digital solutions, has expanded its African footprint with new offices in Gaborone (Botswana), Monrovia (Liberia) and Lilongwe (Malawi). The strategic expansion is part of Hayo's continued investment in emerging markets to support local digital economies with digital solutions, telecoms services and on-the-ground expertise. Hayo's growing in-country presence across Africa is supporting growing demands from hyperscalers, local governments, regulators, enterprises and mobile operators. Its operations in Botswana, Liberia and Malawi will enable faster delivery of local services to support digital adoption, as well as boost capabilities for global businesses looking to scale across some of Africa's most dynamic markets. 'Local presence plays a key role in supporting businesses, enabling digital innovation and having an impact on day-to-day life across African markets. It's the only way to work effectively and closely align with unique dynamics across countries,' said Feraz Ahmed, CEO at Hayo. 'Our offices in Botswana, Liberia and Malawi are not just operational hubs, they're a long-term investment in local people, partnerships and digital progress.' The contribution of Africa's digital economy to the continent's GDP has increased from 1.1% in 2012 to 4.5% in 2020, and is projected to reach 5.2% by 2025 and 8.5% by 2050. Hayo's move into Botswana, Liberia and Malawi aims to support this growth, create local job opportunities and build stronger partnerships with national stakeholders. Its local offices will support a range of region-specific solutions, spanning GovTech, IoT, voice, messaging, cloud communications and more. 'The future of Africa's digital economy deserves to be built by local talent to serve local needs,' said Sergio Rodrigues, Director of Strategic Partnerships & Product at Hayo. 'By expanding our on-the-ground teams across key markets, we can better support communities, understand local challenges, and work with partners to build a digital ecosystem that makes a real difference to businesses and communities.' Hayo serves 100+ leading mobile operators with extensive coverage across Africa and the Middle East, as well as connecting customers globally via a growing ecosystem of 500+ partners. The news comes after the recent launch of Hayo's National Mobile Registry (NMR) platform, which supports governments in emerging markets to bring their national mobile ecosystems under control. The solution implements systems that enhance compliance, protect citizens, and unlock sustainable public revenue with a controlled entry process for mobile devices. About Hayo Hayo is a global digital service provider that is unlocking the full potential of communications, transformation and innovation in Africa, the Middle East and around the world. It combines networking, technologies, and digital solutions to deliver on-the-ground innovation that has a positive impact on local people's lives. It has extensive coverage across the African continent, as well as over 500 service provider relationships globally. Hayo provides bespoke digital solutions for governments, service providers, mobile operators, enterprises, retailers and regulators, spanning voice, SMS, CPaaS, security, IoT and more. Hayo: Bringing Innovation to Life
Globe and Mail
3 days ago
- Business
- Globe and Mail
This Artificial Intelligence Stock Has Beaten the Market in 9 of the Past 10 Years. And It's On Track to Do It Again in 2025.
Key Points Broadcom stock has accumulated gains of more than 2,000% in the past 10 years. Strong demand from tech hyperscalers highlights both a strength and vulnerability for the stock. 10 stocks we like better than Broadcom › Investing in top growth stocks is a great way to achieve strong returns and potentially outperform the market as a whole. The S&P 500 is an index of the leading companies on the U.S. markets, and historically, it has risen by 10% per year, though that's an average including up and down years. That return is not guaranteed, but at such a high rate, an investment would double after a little more than seven years. One artificial intelligence (AI) stock that has routinely outperformed the broad index is Broadcom (NASDAQ: AVGO). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » The semiconductor and infrastructure company has benefited from the growth in tech in recent years, and that has allowed it to outperform the market on a consistent basis. With strong gains once again so fare this year, is Broadcom still a great buy, or could it be due for a pullback? Broadcom has been a top growth stock over the past decade Here's a look at just how well Broadcom has performed over the previous 10 years, compared to the S&P 500. Year S&P 500 Return AVGO Return 2024 23.31% 107.69% 2023 24.23% 99.64% 2022 (19.44%) (15.97%) 2021 26.89% 51.97% 2020 16.26% 38.55% 2019 28.88% 24.28% 2018 (6.24%) (1.02%) 2017 19.42% 45.33% 2016 9.54% 21.78% 2015 (0.73%) 44.30% Data source: YCharts. What's surprising is that the one year when the S&P 500 did better than Broadcom was 2019, when the index finished higher at nearly 29%, versus 24% gains for Broadcom. The past doesn't predict the future, but the tech stock's terrific run can't be ignored. In 10 years, shares of Broadcom have risen by more than 2,000%, while the S&P 500 has increased by around 200%. Can Broadcom's impressive gains continue? As of the end of last week, Broadcom's stock was up around 19% for the year, which was comfortably above the S&P 500's returns of more than 6%. But with a valuation of around $1.3 trillion and Broadcom trading at 33 times its estimated future earnings (based on analyst estimates), it's not a cheap stock to own. The biggest risk is that the company relies heavily on demand from hyperscalers. These are big tech giants that have significant infrastructure needs related to tech and AI. If they scale back on their expenditures, that could significantly weigh on Broadcom's results. The company estimates that its top five customers account for around 40% of its revenue. The company's revenue during the most recent reported period -- which ended on May 4 -- grew by a rate of 20% year over year, as its top line came in at just over $15 billion, while profits more than doubled, rising to nearly $5 billion. If Broadcom can continue producing strong results such as these, it wouldn't be surprising to see it outperform the market once again this year. Though that risk of hyperscalers cutting spending remains. Is Broadcom stock a buy right now? If you're bullish on AI and expect there to be much more growth ahead, Broadcom can make for a compelling investment to simply buy and hold. But at the same time, it's also important to consider the risks ahead, especially as tariffs and trade wars could impact growth in the tech sector in the near future. Earlier this year, Broadcom's stock was underperforming the S&P 500 due to the uncertainty in the markets. While that looks like a distant memory right now, investors should brace for a possible slowdown for the stock as it's trading at an elevated valuation and it may be due for a decline. Its track record may be impressive, but that by no means guarantees it'll always be a market-beating stock. I'd hold off on buying shares of Broadcom only because the markets appear to be a bit too bullish right now, and with high expectations priced in, there's a lot of downside risk that comes with owning the stock. Broadcom isn't a bad buy, but I think there are better AI stocks to invest in today. Should you invest $1,000 in Broadcom right now? Before you buy stock in Broadcom, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Broadcom wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025
Globe and Mail
6 days ago
- Business
- Globe and Mail
Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
Credo Technology Group Holding Ltd CRDO is placing a strategic bet on its Active Electrical Cable ('AEC') product line. AEC business delivered double-digit sequential growth in the fiscal fourth quarter of 2025. Importantly, three hyperscalers each contributed more than 10% of quarterly revenues, underscoring the increasing market for Credo's solutions. The growth is driven by its increasing adoption in the data center market. CRDO highlighted that AECs are fast becoming the 'de-facto standard for intra-rack applications.' The demand is increasing as ZeroFlap AECs offer more than 100 times improved reliability than laser-based optical solutions. It offers improved signal integrity compared with traditional direct attached cables ('DACs'). This made AECs an increasingly attractive option for data center applications, contributing to the new expansion of AEC usage and further solidifying Credo's position in the market. Moreover, Credo's system-level approach is giving it a competitive edge. It owns the entire stack of SerDes IP, Retimer ICs, system-level design, qualification and production. This integrated approach allows faster innovation cycles and strong cost efficiency. With demonstration of PCIe Gen6 AECs for scale-up AI networks, strong customer growth and increasing hyperscaler interest, this product line is expected to remain a growth engine going ahead and drive overall revenues. Apart from AEC, CRDO stands to gain from its Optical DSP and retimer product lines. For fiscal 2026, Credo anticipates revenues to surpass $800 million, implying more than 85% year-over-year growth. Catalysts Driving Top Line for Competitors CRDO's main competitors are Broadcom AVGO and Marvell Technology MRVL. Broadcom is a leading player in the semiconductor market. AVGO is gaining from strong AI momentum as it witnessed increasing demand for networking and custom AI chips. It reported 20% revenue growth in the last quarter, driven by strength in AI semiconductors and the momentum in VMware. AI semiconductor revenues of over $4.4 billion jumped 46% year over year, with AI networking improving more than 170%. Broadcom projects AI semiconductor revenues to reach $5.1 billion in the third quarter of fiscal 2025, up nearly 60% year over year and representing the 10th consecutive quarter of AI growth. Heavy demand for Broadcom's Ethernet-based networking portfolio, which includes Tomahawk switches, Jericho routers and NICs bodes well. Marvell Technology's top-line performance continues to be driven by a strong demand environment across the data center end market. Higher demand for AI-driven custom silicon and strong shipments of electro-optics products for AI and cloud applications are driving data-center revenues. The segment accounted for 76% of the quarter's total revenues in the last reported quarter. Ongoing recovery in carrier infrastructure and enterprise networking end markets is another catalyst. MRVL expects revenues to be $2 billion (+/- 5%) for the second quarter of fiscal 2026, indicating growth of 57% year over year at midpoint. It expects data-center revenues to increase in the mid-single-digit range sequentially and maintain strong year-over-year growth. CRDO Price Performance, Valuation and Estimates Shares of CRDO have gained 28.7% over the past month compared with the Electronics-Semiconductors industry's growth of 9.9%. In terms of the forward 12-month price/sales ratio, CRDO is trading at 20.75, higher than the Electronic-Semiconductors sector's multiple of 8.75. The Zacks Consensus Estimate for CRDO earnings for fiscal 2026 has seen a significant upward revision over the past 60 days. CRDO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Credo Technology Group Holding Ltd. (CRDO): Free Stock Analysis Report
Yahoo
14-07-2025
- Business
- Yahoo
Super Micro Computer Rides on DLC Momentum: What Lies on the Horizon?
Super Micro Computer's SMCI direct liquid cooling (DLC) technology is in high demand among hyperscalers and AI data centers as the liquid cooling technology reduces heat more effectively than its air cooling counterparts. DLC also commands efficient power usage, which enables it to handle higher computational densities and lowering total cost of ownership. SMCI's DLC is driving its server and storage system segment, which grew 20.5% year over year in the third quarter of fiscal 2025. Notably, Super Micro Computer's direct liquid cooling products for data-center applications crossed the production volume of 2000 DLC racks per month. Now the company has introduced DLC-2, which not only reduces electricity consumption by 40% but also lowers the cost of water and space while decreasing noise. SMCI's success with liquid cooling technology is evident in the strong traction in 4U NVIDIA B200 HGX systems and GB200 NVL72 racks as reported in the third quarter of fiscal 2025. SMCI's newest technology, its direct liquid cooling data center building blocks (DCBBS), enables data centers to develop modular, rack-scale and plug-and-play architecture. The DCBBS technology utilizes DLC-2 to optimize thermal performance. The rising adoption of SMCI's DLC offerings has prompted it to announce a revenue guidance of $21.8-$22.6 billion for fiscal 2025. The Zacks Consensus Estimate for SMCI's fiscal 2025 revenues is pegged at $22.12 billion, indicating growth of 48% year over year. Vertiv VRT has a strong thermal management portfolio covering coolant distribution units, chillers, rear-door heat exchangers, and immersion cooling systems to optimize performance, power utilization, control, and heat re-use. VRT is expanding its storage and server cooling expertise organically and inorganically. Vertiv is working closely with NVIDIA to offer cooling systems to AI factories and has previously deepened its portfolio with the Cooltera acquisition. Dell Technologies' DELL liquid cooling architectures consist of its Apex and PowerEdge platforms designed for AI server solutions. DELL's cooling solutions are modular, customizable and allow the integration of both air and liquid cooling features with 24-hour rack deployment turnaround and end-to-end deployment services. These key differentiators make Dell Technologies' server easy to deploy, hence encouraging smoother adoption. Shares of SMCI have surged 61.6% year to date against the Zacks Computer- Storage Devices industry's decline of 9.2% Image Source: Zacks Investment Research From a valuation standpoint, SMCI trades at a forward price-to-sales ratio of 0.98X, lower than the industry's average of 1.45X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for SMCI's fiscal 2025 earnings implies a year-over-year decline of 6.33% while the 2026 earnings estimate implies growth of 26.33%. The estimates for fiscal 2025 and 2026 have been revised downward in the past 90 days and seven days, respectively. Image Source: Zacks Investment Research SMCI currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dell Technologies Inc. (DELL) : Free Stock Analysis Report Super Micro Computer, Inc. (SMCI) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Globe and Mail
14-07-2025
- Business
- Globe and Mail
Super Micro Computer Rides on DLC Momentum: What Lies on the Horizon?
Super Micro Computer 's SMCI direct liquid cooling (DLC) technology is in high demand among hyperscalers and AI data centers as the liquid cooling technology reduces heat more effectively than its air cooling counterparts. DLC also commands efficient power usage, which enables it to handle higher computational densities and lowering total cost of ownership. SMCI's DLC is driving its server and storage system segment, which grew 20.5% year over year in the third quarter of fiscal 2025. Notably, Super Micro Computer's direct liquid cooling products for data-center applications crossed the production volume of 2000 DLC racks per month. Now the company has introduced DLC-2, which not only reduces electricity consumption by 40% but also lowers the cost of water and space while decreasing noise. SMCI's success with liquid cooling technology is evident in the strong traction in 4U NVIDIA B200 HGX systems and GB200 NVL72 racks as reported in the third quarter of fiscal 2025. SMCI's newest technology, its direct liquid cooling data center building blocks (DCBBS), enables data centers to develop modular, rack-scale and plug-and-play architecture. The DCBBS technology utilizes DLC-2 to optimize thermal performance. The rising adoption of SMCI's DLC offerings has prompted it to announce a revenue guidance of $21.8-$22.6 billion for fiscal 2025. The Zacks Consensus Estimate for SMCI's fiscal 2025 revenues is pegged at $22.12 billion, indicating growth of 48% year over year. How Competitors Fare Against SMCI Vertiv VRT has a strong thermal management portfolio covering coolant distribution units, chillers, rear-door heat exchangers, and immersion cooling systems to optimize performance, power utilization, control, and heat re-use. VRT is expanding its storage and server cooling expertise organically and inorganically. Vertiv is working closely with NVIDIA to offer cooling systems to AI factories and has previously deepened its portfolio with the Cooltera acquisition. Dell Technologies ' DELL liquid cooling architectures consist of its Apex and PowerEdge platforms designed for AI server solutions. DELL's cooling solutions are modular, customizable and allow the integration of both air and liquid cooling features with 24-hour rack deployment turnaround and end-to-end deployment services. These key differentiators make Dell Technologies' server easy to deploy, hence encouraging smoother adoption. SMCI's Price Performance, Valuation and Estimates Shares of SMCI have surged 61.6% year to date against the Zacks Computer- Storage Devices industry's decline of 9.2% SMCI YTD Performance Chart From a valuation standpoint, SMCI trades at a forward price-to-sales ratio of 0.98X, lower than the industry's average of 1.45X. SMCI Forward 12 Months (P/S) Valuation Chart The Zacks Consensus Estimate for SMCI's fiscal 2025 earnings implies a year-over-year decline of 6.33% while the 2026 earnings estimate implies growth of 26.33%. The estimates for fiscal 2025 and 2026 have been revised downward in the past 90 days and seven days, respectively. SMCI currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dell Technologies Inc. (DELL): Free Stock Analysis Report Super Micro Computer, Inc. (SMCI): Free Stock Analysis Report Vertiv Holdings Co. (VRT): Free Stock Analysis Report
