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Alphabet Boosted by AI, Cloud Demand as Spending Needs Jump

07/24/2025 | I-Connect007 Editorial Team
Google’s parent company, Alphabet Inc., said that demand for artificial intelligence products boosted its quarterly sales, and now requires an extreme increase in capital spending to keep up in the AI race, Bloomberg reported. For 2025, the company stated its capital expenditure will be $85 billion—$10 billion more than previously forecast.

LITEON Technology Reports Consolidated June Sales of NT$13.6 Billion, Up 16% Y-o-Y

07/08/2025 | LITEON Technology
LITEON Technology reported its June consolidated revenue of NT$13.6 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 2% M-o-M, 16% Y-o-Y. The cumulative sales for January to June totaled NT$76.8 billion, up 24%, Y-o-Y.

Cadence Advances Design and Engineering for Europe’s Manufacturers on NVIDIA Industrial AI Cloud

06/13/2025 | Cadence Design Systems, Inc.
At NVIDIA GTC Paris, Cadence announced it is providing optimized solutions for the world’s first industrial AI cloud in collaboration with NVIDIA.

Priority Software Appoints Ben Karniel as Chief Revenue Officer to Spearhead Global Growth

06/12/2025 | Priority Software
Priority Software, a leading provider of scalable and agile cloud-based business management solutions, proudly announces the appointment of Ben Karniel as its new Chief Revenue Officer (CRO), effective May 1, 2025. This strategic addition to the executive team underscores Priority's commitment to expand its global footprint. 

Sanmina Announces Acquisition of Data Center Infrastructure Manufacturing Business of ZT Systems from AMD

05/19/2025 | PRNewswire
Sanmina Corporation, a leading integrated manufacturing solutions company, announced that it has entered into a definitive agreement to acquire the data center infrastructure manufacturing business of ZT Systems, a leading provider of Cloud and AI infrastructure to the world's largest hyperscalers, from AMD.
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