Logitech International today announced financial results for the first quarter of Fiscal Year 2026.

• Sales were $1.15 billion, up 5 percent in US dollars and 5 percent in constant currency, compared to Q1 of the prior year.
• GAAP gross margin was 41.7 percent, down 110 basis points, compared to Q1 of the prior year. Non-GAAP gross margin was 42.1 percent, down 120 basis points, compared to Q1 of the prior year.
• GAAP operating income was $162 million, up 6 percent, compared to Q1 of the prior year. Non-GAAP operating income was $202 million, up 11 percent, compared to Q1 of the prior year.
• GAAP earnings per share (EPS) was $0.98, up 7 percent compared to Q1 of the prior year. Non-GAAP EPS was $1.26, up 12 percent compared to Q1 of the prior year.
• Cash flow from operations was $125 million. The quarter-ending cash balance was $1.5 billion.
• The Company returned $122 million of cash to shareholders through share repurchases.

Seagate Technology Holdings plc (NASDAQ: STX) (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal fourth quarter and fiscal year ended June 27, 2025.

"Seagate's strong FQ4 performance underscores our commitment to profitable growth, marked by a 30% year-over-year revenue increase, record gross margin, and non-GAAP EPS expanding to the top of our guidance range. These achievements reflect the structural enhancements we've implemented in our business and ongoing demand strength from cloud customers for our high-capacity drives," said Dave Mosley, Seagate's chief executive officer. "We continue to execute our areal density-leading HAMR product qualifications and ramp plans, positioning Seagate to address customer demand growth for mass data storage across the cloud and at the edge. We are confident in our ability to create exceptional value for our customers and shareholders over the long-term," Mosley concluded.

Intel Corporation today reported second-quarter 2025 financial results.

"Our operating performance demonstrates the initial progress we are making to improve our execution and drive greater efficiency," said Lip-Bu Tan, Intel CEO. "We are laser-focused on strengthening our core product portfolio and our AI roadmap to better serve customers. We are also taking the actions needed to build a more financially disciplined foundry. It's going to take time, but we see clear opportunities to enhance our competitive position, improve our profitability and create long-term shareholder value."

LG Display today reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2025.

• Revenues in the second quarter of 2025 decreased by 8% to KRW 5,587 billion from KRW 6,065 billion in the first quarter of 2025 and decreased by 17% from KRW 6,708 billion in the second quarter of 2024.
• Operating loss in the second quarter of 2025 stood at KRW 116 billion. This compares with the operating profit of KRW 33.5 billion in the first quarter of 2025 and with the operating loss of KRW 93.7 billion in the second quarter of 2024.
• EBITDA profit in the second quarter of 2025 was KRW 1,054 billion, compared with EBITDA profit of KRW 1,231 billion in the first quarter of 2025 and KRW 1,287 billion in the second quarter of 2024.
• Net profit in the second quarter of 2025 was KRW 891billion, compared with the net loss of 237 billion in the first quarter of 2025 and with the net loss of KRW 471 billion in the second quarter of 2024.

LG Display recorded KRW 5.587 trillion in revenues and KRW 116 billion in operating loss in the second quarter of 2025.

SK hynix Inc. announced today that it has recorded 22.232 trillion won in revenues, 9.2129 trillion won in operating profit (with an operating margin of 41%), and 6.9962 trillion won in net profit (with a net margin of 31%) in the second quarter. Both revenues and operating profits stood at all-time highs, beating the previous best results in the fourth quarter of last year. The company said that an aggressive investment by global big tech companies into AI led to a steady increase in demand for AI memory. Shipments of both DRAM and NAND flash were higher than expected, helping the company log the best quarterly results.

SK hynix expanded sales of 12-high HBM3E in the DRAM space, while registering a growth in sales of NAND for all applications. With the industry-leading competitiveness in AI memory and profitability-first management discipline, the company has maintained a positive earnings trend. With the latest financial results, the company's cash and cash equivalents increased to 17 trillion won at the end of June, up by 2.7 trillion won a quarter earlier. Its debt ratio and net debt ratio stood at 25% and 6%, respectively, as net debt fell by 4.1 trillion won, compared with the previous quarter.

Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2026 first quarter. The company also provides guidance for its fiscal 2026-second quarter and full year.

First-Quarter Summary

• First-quarter revenue of $23.4 billion, up 5% year over year
• First-quarter operating income of $1.2 billion, up 21% year over year, and non-GAAP operating income of $1.7 billion, up 10%
• First-quarter diluted EPS of $1.37, flat year over year, and non-GAAP diluted EPS of $1.55, up 17%

NVIDIA today reported revenue for the first quarter ended April 27, 2025, of $44.1 billion, up 12% from the previous quarter and up 69% from a year ago.

On April 9, 2025, NVIDIA was informed by the U.S. government that a license is required for exports of its H20 products into the China market. As a result of these new requirements, NVIDIA incurred a $4.5 billion charge in the first quarter of fiscal 2026 associated with H20 excess inventory and purchase obligations as the demand for H20 diminished. Sales of H20 products were $4.6 billion for the first quarter of fiscal 2026 prior to the new export licensing requirements. NVIDIA was unable to ship an additional $2.5 billion of H20 revenue in the first quarter.

Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories brand, today reported strong financial results, including growth in revenue, Adjusted EBITDA, and gross margins in the first quarter ended March 31, 2025.

First Quarter Highlights

• Net revenue was $63.9 million, an increase of 14% compared to the prior year period.
• Gross margin improved approximately 470 basis points to 36.6% compared to 31.8% in the prior year.
• Net loss was $(0.7) million or ($0.03) per diluted share compared to net income of $0.2 million or $0.01 per diluted share in the prior year period.
• Adjusted EBITDA was $4.1 million, compared to $1.4 million in the prior year period.
• Generated $40.5 million in cash flow from operations, the highest level since 2019.
• Authorized a new $75 million stock repurchase program.

GLOBALFOUNDRIES Inc. (GF) today announced preliminary financial results for the first quarter ended March 31, 2025.

Key First Quarter Financial Highlights

• Revenue of $1.585 billion
• Gross margin of 22.4% and Non-IFRS gross margin of 23.9%
• Operating margin of 9.5% and Non-IFRS operating margin of 13.4%
• Net income of $211 million and Non-IFRS net income of $189 million
• Diluted earnings per share of $0.38 and Non-IFRS diluted earnings per share of $0.34

Take-Two Interactive—the owner of Rockstar Games—has publicly endorsed the studio's decision to delay the launch of Grand Theft Auto VI into 2026. Following months of insider whispers, long-time franchise fans were not surprised when reading Rockstar's apology. Initially, Grand Theft Auto VI (GTA VI) was pictured as an important system seller—industry experts and analysts theorized a sharp uptake of PlayStation 5 Pro units. Due to the AAA+ title's planned home console-exclusive release, many hardcore gamers would opt for the best available experience—enabled by flagship hardware.

Naturally, the game's publisher was looking forward to massive sale results in 2025—mainly driven by Rockstar's big open world blockbuster. With a revised release date of May 26—within the next financial year—company leadership remains confident about a current GTA VI-less calendar. Strauss Zelnick—Two Interactive Software's chairman and CEO—believes that an upward trajectory is still on the cards: "we support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking, blockbuster entertainment experience that exceeds audience expectations. While we take the movement of our titles seriously and appreciate the vast and deep global anticipation for Grand Theft Auto VI, we remain steadfast in our commitment to excellence. As we continue to release our phenomenal pipeline, we expect to deliver a multi-year period of growth in our business and enhanced value for our shareholders."

Microsoft Corp. today announced the following results for the quarter ended March 31, 2025, as compared to the corresponding period of last fiscal year:

• Revenue was $70.1 billion and increased 13% (up 15% in constant currency)
• Operating income was $32.0 billion and increased 16% (up 19% in constant currency)
• Net income was $25.8 billion and increased 18% (up 19% in constant currency)
• Diluted earnings per share was $3.46 and increased 18% (up 19% in constant currency)

"Cloud and AI are the essential inputs for every business to expand output, reduce costs, and accelerate growth," said Satya Nadella, chairman and chief executive officer of Microsoft. "From AI infra and platforms to apps, we are innovating across the stack to deliver for our customers."

Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal second quarter ended March 30, 2025.

"We are pleased to report another quarter of strong results," said Cristiano Amon, President and CEO of Qualcomm Incorporated. "As we navigate the current macroeconomic and trade environment, we remain focused on the critical factors we can control - our leading technology roadmap, best-in-class product portfolio, strong customer relationships and operational efficiencies. Our top priorities remain executing our diversification strategy and continuing to invest in areas that drive long-term value."

Western Digital Corp. today reported fiscal third quarter 2025 financial results.

"Western Digital executed well in its fiscal third quarter achieving revenue at the high end of our guidance range and gross margin over 40%," said Irving Tan, CEO of Western Digital. "Even in a world marked by geopolitical uncertainty and shifting tariff dynamics, one thing remains constant: the exponential growth of data. When it comes to storing that data, at scale, no technology rivals the cost-efficiency and reliability of HDDs. With our rich portfolio of storage products, WD is uniquely positioned to meet our customers' mass storage needs."

On April 29, 2025, the company's Board of Directors authorized the adoption of a quarterly cash dividend program beginning with the quarter ending June 27, 2025 and declared a cash dividend of $0.10 per share of the company's common stock, payable on June 18, 2025 to shareholders of record as of June 4, 2025.

Logitech International today announced financial results for the fourth quarter and full Fiscal Year 2025 ended March 31, 2025.

"Fiscal Year 2025 was an outstanding year of broad-based sales growth, driven by our strategic priorities," said Hanneke Faber, Logitech chief executive officer. "Thanks to our diverse global footprint, strong brand and resilient operations, we are in a strong position to navigate the unpredictable market conditions ahead in Fiscal Year 2026. In this dynamic environment, we will focus on three core principles - playing offense, disciplined cost control and agility."

"Our teams executed impressively once again this Q4, completing a year of strong operational discipline," said Matteo Anversa, Logitech chief financial officer. "We closed Fiscal Year 2025 with robust growth across all regions, customer channels and in nearly all our categories. Our growth continued to be extremely profitable, with non-GAAP gross margins at 43.5%. We were pleased to return $797 million of cash to shareholders in the year."

Seagate Technology Holdings plc (the "Company" or "Seagate"), a leading innovator of mass-capacity data storage, today reported financial results for its fiscal third quarter ended March 28, 2025.

"Seagate delivered another solid quarter of profitable year-on-year growth and margin expansion, elevating our non-GAAP EPS to the top of our guidance range. Our performance underscores the structural enhancements we've made to our business model and healthy supply/demand environment for mass capacity storage," said Dave Mosley, Seagate's chief executive officer. "We remain focused on executing our HAMR product ramp to support ongoing cloud customer demand. While we navigate the current dynamic macroeconomic environment, we are confident that our technology leadership, resilient financial model and solid industry fundamentals will drive profitable growth through 2025 and beyond," Mosley concluded.

LG Display today reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending March 31, 2025.

• Revenues in the first quarter of 2025 decreased by 23% to KRW 6,065 billion from KRW 7,833 billion in the fourth quarter of 2024 and increased by 15% from KRW 5,253 billion in the first quarter of 2024.
• Operating profit in the first quarter of 2025 recorded KRW 33.5 billion. This compares with the operating profit of KRW 83.1 billion in the fourth quarter of 2024 and with the operating loss of KRW 469 billion in the first quarter of 2024.
• EBITDA profit in the first quarter of 2025 was KRW 1,231 billion, compared with EBITDA profit of KRW 1,306 billion in the fourth quarter of 2024 and with EBITDA profit of KRW 810 billion in the first quarter of 2024.
• Net loss in the first quarter of 2025 was KRW 237 billion, compared with the net loss of 839 billion in the fourth quarter of 2024 and with the net loss of KRW 761 billion in the first quarter of 2024.

LG Display recorded KRW 6.065 trillion in revenues and KRW 33.5 billion in operating profit in the first quarter of 2025.

LG Electronics Inc. (LG) today announced consolidated revenue of KRW 22.74 trillion and operating profit of KRW 1.26 trillion for the first quarter of 2025. This marks the highest first-quarter revenue in the company's history and the sixth consecutive year in which operating profit surpassed KRW 1 trillion during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales.

Vehicle solutions and heating, ventilation and air conditioning (HVAC) - both critical to LG's B2B strategy and future growth - delivered record-breaking quarterly revenue and operating profit. Combined operating profit from the Vehicle Solution Company and Eco Solution Company increased 37.2 percent year-over-year, with revenue climbing 12.3 percent.

Intel is at a crossroads as the company prepares to report earnings on April 24, 2025. Investors are hoping that Lip-Bu Tan, Intel's new CEO, can turn the company's fortunes around and stem its revenue losses. Currently, Intel is projected to report its fourth straight quarter of revenue decline with a 3.4% revenue loss, according to Reuters, and expects a significant widening of its losses to approximately $945 million compared with a loss of $381 million a year ago. Intel continues to lose market share to AMD in both personal computing and data center markets, while NVIDIA dominates the highly lucrative AI chip market. In addition, Intel's PC division is likely to report an 11% revenue decrease to $6.73 billion, and its data center business is probably facing its twelfth consecutive quarter of declines. "The most important thing for Intel now is Lip-Bu Tan's playbook... How he can give investors confidence that he is the person who can turn Intel around and whether a turnaround is possible in the first place," said Hendi Susanto, portfolio manager at Gabelli Funds, which holds Intel shares.

Tan has been implementing sweeping changes as part of his turnaround plan, cutting more than 20% of the employees at Intel and a change in the leadership model to provide quicker decisions. The company is seeing significant geopolitical threats as U.S.-China trade tensions are rolling back. China is threatening to impose retaliatory tariffs of up to 85% on all chips produced in the U.S. and along these lines has also imposed a requirement for licenses to sell some high-end AI products to the Chinese customers. Likely, as part of this, the company is presumed to be moving the production of its 3 nm chips from Arizona to Ireland in late 2025. Under all of these factors, Intel could eventually receive a temporary boost if PC shipments are pulled forward ahead of these tariffs that may ultimately positively impact a significant portion of Intel's sales (nearly one-third of total revenues).

TSMC, today announced consolidated revenue of NT$839.25 billion, net income of NT$361.56 billion, and diluted earnings per share of NT$13.94 (US$2.12 per ADR unit) for the first quarter ended March 31, 2025.

Year-over-year, first quarter revenue increased 41.6%, while net income and diluted EPS increased 60.3% and 60.4% respectively. Compared to fourth quarter 2024, first quarter results represented a 3.4% decrease in revenue and a 3.5% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2025, which ended February 27, 2025.

Fiscal Q2 2025 highlights

• Revenue of $8.05 billion versus $8.71 billion for the prior quarter and $5.82 billion for the same period last year
• GAAP net income of $1.58 billion, or $1.41 per diluted share
• Non-GAAP net income of $1.78 billion, or $1.56 per diluted share
• Operating cash flow of $3.94 billion versus $3.24 billion for the prior quarter and $1.22 billion for the same period last year

"Micron delivered fiscal Q2 EPS above guidance and data center revenue tripled from a year ago," said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. "We are extending our technology leadership with the launch of our 1-gamma DRAM node. We expect record quarterly revenue in fiscal Q3, with DRAM and NAND demand growth in both data center and consumer-oriented markets, and we are on track for record revenue and significantly improved profitability in fiscal 2025."

Hon Hai Technology Group ("Foxconn") today announced its full year and fourth quarter 2024 financial results.

Full year 2024 net profit reached NT$152.7 billion, resulting in earnings per share of NT$11.01, a 17-year-high. At the same time, the Group announced that it will distribute a cash dividend of NT$5.80 per share, a record level since it's listing in 1991. Despite significant changes in global tariff policies, geopolitical risks and monetary policies, the outlook for 2025 is for strong growth. The company also shared key developments around its three major smart platforms, as well as on AI and EV in 2025.

Dell Technologies announces financial results for its fiscal 2025 fourth quarter and full year. The company also provides guidance for its fiscal 2026 first quarter and full year.

Full-Year Summary

• Full-year revenue of $95.6 billion, up 8% year over year
• Full-year operating income of $6.2 billion, up 15% year over year, and non-GAAP operating income of $8.5 billion, up 8%
• Record full-year diluted earnings per share of $6.38, up 39% year over year, and record non-GAAP diluted EPS of $8.14, up 10%
• Cash flow from operations was $4.5 billion
• Announcing a cash dividend increase of 18% and $10 billion increase in share repurchase authorization
• FY26 guidance: Full-year revenue growth of 8%, diluted EPS growth of 23% and non-GAAP diluted EPS growth of 14%

NVIDIA today reported revenue for the fourth quarter ended January 26, 2025, of $39.3 billion, up 12% from the previous quarter and up 78% from a year ago.

For the quarter, GAAP earnings per diluted share was $0.89, up 14% from the previous quarter and up 82% from a year ago. Non-GAAP earnings per diluted share was $0.89, up 10% from the previous quarter and up 71% from a year ago.

Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries ('the Group'), today announced Q3 results for fiscal year 2024/25, reporting significant increases in overall group revenue and profit. Revenue grew 20% year-on-year to US$18.8 billion, marking the third consecutive quarter of double-digit growth. Net income more than doubled year-on-year to US$693 million (including a non-recurring income tax credit of US$282 million) on a Hong Kong Financial Reporting Standards (HKFRS) basis. The Group's diversified growth engines continue to accelerate, with non-PC revenue mix up more than four points year-on-year to 46%. The quarter's results were driven by the Group's focused hybrid-AI strategy, the turnaround of the Infrastructure Solutions Group, as well as double-digit growth for both the Intelligent Devices Group and Solutions and Services Group.

Lenovo continues to invest in R&D, with R&D expenses up nearly 14% year-on-year to US$621 million. At the recent global technology event CES 2025, Lenovo launched a series of innovative products, including the world's first rollable AI laptop, the world's first handheld gaming device that allows gamers free choice of Windows OS or Steam OS, as well as Moto AI - winning 185 industry awards for its portfolio of innovation.

ASE Technology Holding Co., Ltd., the leading provider of semiconductor assembly and testing services ("ATM") and the provider of electronic manufacturing services ("EMS"), today reported its unaudited net revenues of NT$162,264 million for 4Q24, up by 1.0% year-over-year and up by 1.3% sequentially. Net income attributable to shareholders of the parent for the quarter totaled NT9,312 million, down from NT$9,392 million in 4Q23 and down from NT$9,733 million in 3Q24. Basic earnings per share for the quarter were NT$2.15 (or US$0.134 per ADS), compared to NT$2.18 for 4Q23 and NT$2.25 for 3Q24. Diluted earnings per share for the quarter were NT$2.07 (or US$0.129 per ADS), compared to NT$2.13 for 4Q23 and NT$2.18 for 3Q24.

For the full year of 2024, the Company reported unaudited net revenues of NT$595,410 million and net income attributable to shareholders of the parent of NT$32,483 million. Basic earnings per share for the full year of 2024 were NT$7.52 (or US$0.470 per ADS). Diluted earnings per share for the full year of 2024 were NT$7.23 (or US$0.452 per ADS).