Technology Hardware & Equipment

TD SYNNEX has been awarded a Zacks Rank #1 (Strong Buy) after analysts sharply raised their earnings estimates for the company. The consensus estimate for the current quarter now stands at $5.69 per share, a year-over-year change of +48.6%, and has climbed 27.47% over the last 30 days as four estimates moved higher with no negative revisions. For the full year, the company is expected to earn $20.50 per share, a change of +55.4% from the prior-year number, with the consensus estimate rising 10.47% over the past month as five estimates moved higher and none moved lower. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an externally-audited track record in which #1 Ranked stocks have generated an average annual return of +25% since 2008. TD SYNNEX shares have added 6% over the past four weeks.

Jabil Inc. reported fourth-quarter revenue of $10.6 billion, up from $8.3 billion, with core EPS of $4.4 versus $3.29, and guided fiscal 2027 revenue to $44.5 billion, representing 24% growth. The company projected a 30-basis-point expansion in core operating margin to 6.1% and core EPS growth of 34% to $17.55. AI infrastructure is the company's most important growth engine, with its capital equipment business expected to reach $4.2 billion in fiscal 2027, up 40% year over year, while networking and communications is expected to generate $3.9 billion, up 15%. Jabil also expects its healthcare and packaging business to generate $5.6 billion in fiscal 2027 revenue, up 6%, with more than 700 million injectors and delivery pens manufactured, while renewable and energy infrastructure revenue is expected to rise 7% to $3 billion and auto and transportation revenue to increase 9% to $5 billion. The stock has gained 50.5% over the past year, trailing the Electronic Manufacturing Services industry's 64.5% growth, and trades at 17.5 forward earnings versus 20.2 for the industry and its mean of 21.5.

Maris-Tech Ltd. announced it has received a pilot order for an armored vehicle situational awareness application from a leading global defense company, secured through a distributor. The pilot follows an extensive engineering and adaptation process in which Maris-Tech's Jupiter product line was adapted to meet the end customer's specific video streaming requirements for armored vehicle situational awareness. The company said the adaptations developed through this process have expanded the capabilities of its products and may also support additional applications and market opportunities across the modern battlefield. Based on estimates and forecasts provided by the end customer, successful completion of the pilot could result in significant follow-on orders over the coming years, according to the company. Chief Executive Officer Israel Bar said the pilot represents the result of a substantial engineering process focused on meeting the specific video requirements of a major defense customer, and that the capabilities developed strengthen the versatility of the Jupiter product line and expand its relevance to additional armored vehicle and battlefield applications.

Diskover Data announced a new collaboration with NetApp that extends the Diskover Platform's governed visibility and control to ONTAP and StorageGRID environments in media and entertainment, semiconductor design, and other file-intensive sectors. Under the collaboration, customers will be able to purchase Diskover Platform through NetApp beginning in November 2026, with the platform available now for NetApp ONTAP and StorageGRID environments. Diskover's DataDiscovery uses specialized scanners to index metadata in place across ONTAP and StorageGRID, capturing ownership, permissions, age, cost, and project context in a searchable, governed catalog. Diskover says customers typically reclaim 10 to 30 percent of their footprint, exceeding three million dollars in larger environments, with return on investment inside 30 to 60 days. Will Hall, Chief Executive Officer of Diskover Data, said the collaboration gives NetApp customers a governed, searchable view of the data behind their projects, while Sandeep Singh, Senior Vice President and General Manager, Platform at NetApp, said Diskover extends the NetApp ecosystem with specialized discovery for customers with file-intensive workloads.

Apple has begun rolling out its redesigned Siri AI Beta, a centerpiece of the company's AI strategy under new CEO John Ternus, as it seeks to restore credibility in artificial intelligence after past delays to the Siri overhaul. The company reported $109.4 billion in revenue for its third quarter of fiscal 2026, up 16.4% from Q3 FY25, with diluted earnings per share rising roughly 29% to $2.02 and operating cash flows of $34.4 billion. Apple is also moving into enterprise servers powered by its planned M8 Ultra processors, which have not yet been released and carry a 2029 launch target with designs featuring either two or four M8 Ultra chips. The Siri AI Beta's initial geographic availability remains limited by regulatory hurdles in China and the European Union, where the beta is not accessible to users, and Apple continues to face App Store and digital markets legislation challenges that could reshape its services business. The stock has gained 29.51% over the past 52 weeks versus the S&P 500's 13.93%, giving Apple a $4.92 trillion market capitalization, while hedge fund ownership slipped marginally to 169 funds in the latest quarter from 170, with short interest below 1% and BlackRock the largest institutional stakeholder at 1.16 billion shares, or 7.97% ownership.

Foxconn, the world's largest contract electronics maker, reported a 47% year-on-year surge in third-quarter revenue, beating estimates on strong AI demand. Revenue for the July-September quarter was T$3.03T, or $95.4B, well above an LSEG SmartEstimate of T$2.83 trillion. The Apple and Nvidia supplier, formally known as Hon Hai Precision, reported September revenue of $1.16T, up 38.42% year-on-year. The company said AI-related operations are expected to continue growing in the fourth quarter, and together with the traditional peak season for electronics products in the second half, this should support overall performance in line with current market expectations. Foxconn will report full third-quarter earnings on November 12.

Cal-Comp Electronics (Thailand) Public Company Limited, or CCET, has announced a five-year business strategy, building on its EMS business toward higher-value technology products. Managing Director Khongsin Chokvicharoen said the company will expand into new businesses in AI servers, CSP, LVDC and HVDC, alongside developing automation and AI to elevate itself into a smart factory. This year the company is accelerating the setup of an AI server production line, which is expected to begin operations before the end of the third quarter of 2026. Meanwhile, CSP-related products are in the process of setting up production lines and are preparing to start manufacturing in Thailand within the second half of 2026. On the high-end power supply side, the company has already begun producing electric vehicle chargers, while CRPS and LVDC products are in trial production and are expected to begin commercial production in the second half of this year. HVDC, developed jointly with affiliated companies, is targeted to start production within 2027. For its long-term plans, the company has a quantum computing project, having already developed and produced a working prototype, and is conducting joint research with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO satellite project through a long-term partnership with a leading satellite service provider from Taiwan, which is currently in the development and business model study stage.

Foxconn, the world's largest contract electronics manufacturer from Taiwan and the largest server maker for Nvidia, reported third-quarter 2026 revenue up 47% year on year, beating market expectations, driven by strong growth in demand for artificial-intelligence-related products. Revenue for the July-to-September period came in at 3.03 trillion Taiwan dollars, or about 95.4 billion US dollars, above the 2.83 trillion Taiwan dollars forecast by analysts polled by LSEG SmartEstimate. The better-than-expected results reflect momentum from the AI investment wave, which is boosting demand for servers and computing infrastructure, with Foxconn among the key server makers benefiting from the market's expansion.

Hon Hai Precision Industry Co., the Nvidia server assembly partner also known as Foxconn, reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure. Sales for the three months ended in September totaled NT$3.03 trillion, or $95.4 billion, up 47%, topping the NT$2.83 trillion analysts had expected on average. The strong growth followed a bullish forecast from Micron Technology Inc. last week, adding to evidence that AI spending continues to climb even as executives such as OpenAI's Sam Altman and Anthropic PBC's Dario Amodei call for slowing development of the technology. Hon Hai's sales are seen as a check-in for the AI sector as investor concerns grow about overcapacity, rising debt levels and regulatory setbacks, and its share price is up about 10% since the start of the year. The Taipei-based company still derives a significant chunk of revenue from its lower-margin Apple Inc. business as the primary iPhone manufacturer, though Apple is diversifying suppliers with the likes of Luxshare Precision Industry Co.

JEOL Ltd. announced the development of HAXIS, a new low-angle ion-milling scanning electron microscope, and began sales on October 5, 2026. The instrument is a semiconductor failure analysis platform that combines low-angle ion milling delayering with scanning electron microscopy imaging and passive voltage contrast analysis. According to the company, HAXIS delivers clear and highly reproducible PVC observation even on advanced semiconductors, using argon, an inert gas, to ensure stable surface quality and reduce running costs. The combined workflow is designed to speed the path from electrical failure detection to physical analysis and root-cause identification, supporting quick turnaround time failure analysis. JEOL is led by President and CEO Izumi Oi.

Cal-Comp Electronics (Thailand) Public Company Limited, or CCET, has announced a five-year long-term strategic plan focused on developing higher-value technology products and businesses, while moving into new areas including AI servers, CSP, LVDC and HVDC, alongside the development of automation and AI to upgrade its manufacturing processes toward a Smart Factory. Managing Director Khongsit Choukitcharoen said the company has a Quantum Computing project as one of its emerging-technology collaboration projects that will strengthen its AI server capabilities. It has already developed a working prototype and is conducting joint research and development with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO Satellite project, carried out through a long-term collaboration with a leading satellite services company from Taiwan, which is currently in the development and business-model study stage. On the short-term plan, the company is accelerating the setup of an AI server production line, expected to begin operations before the end of the third quarter of 2026, while CSP-related products are in the process of setting up production lines and preparing to start manufacturing in Thailand in the second half of 2026. As for high-end power supply products, electric vehicle chargers have already begun production, while CRPS and LVDC products are in trial production and are expected to begin commercial production in the second half of this year. HVDC, developed jointly with an affiliate, is targeted to start production within 2027. CCET is also continuing to expand its automation know-how to external customers through its wholly owned subsidiary Cal-Comp Automation & Industrial 4.0 Service Co., Ltd., or CCAU, in Thailand, aiming to expand the business into Southeast Asian markets, the United States and Brazil. Meanwhile, the EMS business remains the core and a key revenue source, especially the storage group, which includes SSDs that continue to grow, as well as printers and smart wearables. Its smart collar for cattle is the world's first smart wearable for cows and has already succeeded in the New Zealand and Australian markets, with plans to expand to Brazil and other countries with large cattle herds. The company is also moving into educational gaming devices and CoBots, or robots that work alongside humans, targeting use in hospitals, restaurants and banks. All of these products are in the production planning stage.

Cal-Comp Electronics (Thailand), or CCET, has disclosed a five-year strategic plan to press ahead with strengthening its EMS business while extending into higher-value technology products and businesses. Kongsith Chowkitcharoen said the company will expand into new businesses in AI Server, CSP, LVDC and HVDC, pursue New Business Technology, and upgrade production toward Smart Factory in the near term. The company is rushing to set up an AI Server production line, which is expected to begin operations before the end of the third quarter of 2026, while its CSP products are in the process of setting up a production line and preparing to start manufacturing in Thailand within the second half of 2026. On high-end power supplies, the company has already begun producing electric vehicle chargers, while CRPS and LVDC products are in trial production and are expected to enter commercial production in the second half of this year. HVDC, developed jointly with an affiliated company, is targeted to start production within 2027. Under the five-year long-term plan, CCET has a Quantum Computing project, for which it has already developed and produced a working prototype and is conducting joint research and development with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO Satellite project carried out through a long-term collaboration with a leading satellite company from Taiwan, currently in the development and business-model study stage. The company is also developing new products such as a smart collar for cows, the world's first smart wearable for cattle, which has already succeeded in the New Zealand and Australian markets, as well as educational gaming devices and a CoBot that are in the production planning stage.

Cal-Comp Electronics (Thailand) Public Company Limited, or CCET, has unveiled a five-year business strategy that maintains the strength of its EMS business while extending into higher-value technology products and businesses to support the transition to a digital economy. Under the short-term plan, the company is accelerating the setup of an AI Server production line and expects operations to begin before the end of the third quarter of 2026. Meanwhile, products related to CSP, or Cloud Supply Provider, are in the process of having production lines established and are preparing to start production in Thailand in the second half of 2026. On high-end power supply products, the company has already begun producing electric vehicle chargers, while CRPS and LVDC are in trial production and are expected to enter commercial production in the second half of this year. At the same time, the company has partnered with affiliated companies to develop HVDC, or High Voltage Direct Current, technology, with the goal of starting production within 2027. For the long-term plan, the company is preparing to develop a Quantum Computing project, currently under research and development together with the Industrial Technology Research Institute, or ITRI, and leading universities in Taiwan, as well as an LEO Satellite project being carried out through a long-term partnership with a leading satellite services company from Taiwan. The company has also developed the CCLM platform for integrating data and AI technology, and is expanding its expertise in automation systems through Cal-Comp Automation & Industrial 4.0 Service Co., Ltd., or CCAU, a wholly owned subsidiary in which CCET holds 100%, with the goal of expanding markets into Southeast Asia, the United States and Brazil.

The Practical Solution Public Company Limited, or TPS, has launched "TALLI," an artificial intelligence platform developed by a Thai team to meet enterprise use cases. Boonsom Kijkasetsthaporn, an executive at TPS, said TALLI boosts operational efficiency within organizations, letting users access data conveniently, quickly, and accurately under the access rights, usage scope, and governance rules set by each organization. The launch marks another important step for TPS in leveraging its IT expertise to expand into new solutions and broaden its customer base. Meanwhile, the outlook for third-quarter 2026 earnings remains positive, driven by the gradual recognition of revenue from its backlog, which currently stands at approximately 1.784 billion baht and will be recognized according to plan. TPS continues to pursue bids and develop new solutions amid rising demand for digital and AI technology in the business sector.

Corning has signed a multi-year supply agreement with AT&T worth more than US$3b, tying its fiber and cable output directly to the buildout of U.S. connectivity infrastructure through 2030. The deal follows a strong run in Corning's shares this year, with an 81.09% year-to-date share price return and a 1-year total shareholder return of 98.21%, despite a 15.71% decline over the past 90 days. On the most followed narrative, Corning screens as 14% undervalued, with a fair value of $189.94 against a last close of $164.19. On an earnings yardstick the picture differs, with the shares trading on a P/E of 74.4x against a fair ratio of 53.3x, the US Electronic industry at 30.3x and a peer average of 48x. Corning's use of non-GAAP metrics and the potential for further equity issuance could unsettle confidence in earnings quality and raise the possibility of future dilution.

LG Innotek's production subsidiary in Hai Phong, Vietnam, has marked its 10th anniversary, having grown into the company's largest global manufacturing base. The subsidiary was established in September 2016, began mass production in 2017, and recorded approximately USD 4.1 billion in revenue in 2025, with cumulative investment of approximately USD 1.9 billion and cumulative revenue of approximately USD 25 billion over the decade. It now spans a total floor area of 242,600 square meters with 6,500 employees, 99 percent of them local, and local leaders hold 87 percent of key positions. LG Innotek is expanding the site beyond optical solutions into semiconductor substrates, having selected Hai Phong last June as a hub for that production and begun construction of a new factory with initial investment of approximately USD 1 billion, scheduled for completion in May 2027, targeting a package solutions business generating USD 740 million in operating profit by 2031. CEO Moon Hyuksoo said the company will strengthen its High Performance Portfolio with the Vietnam production subsidiary at the center and accelerate its transformation into a global solutions company.

Cal-Comp Electronics (Thailand), or CCET, has unveiled a five-year business strategy aimed at building on its EMS business to move into higher-value technology products and businesses. Executive Kongsith Chokvijitcharoen said the company will expand into new businesses in AI Server, CSP, LVDC and HVDC, while pushing into New Business Technology alongside the development of Automation and AI to elevate itself into a Smart Factory. Under the short-term plan, the company is accelerating the setup of an AI Server production line, which is expected to begin operations before the end of the third quarter of 2026, while its CSP products are in the process of setting up production lines and preparing to start manufacturing in Thailand in the second half of 2026. On high-end power supply products, the company has already begun producing electric vehicle chargers, while CRPS and LVDC are in trial production and are expected to begin commercial production in the second half of this year. HVDC, developed jointly with affiliated companies, is targeted to start production within 2027. Under the long-term five-year plan, the company has a Quantum Computing project, for which it has already developed a working prototype and is conducting joint research with ITRI in Taiwan as well as leading universities in Taiwan. It also has an LEO Satellite project being carried out through a long-term partnership with a leading satellite service provider from Taiwan. CCET currently also has a new product, a smart collar for cows, the world's first smart wearable for cattle, which has already succeeded in the New Zealand and Australian markets, with plans to expand into Brazil. Meanwhile, its subsidiary CCAU, wholly owned by CCET, aims to expand its automation systems business into the Southeast Asian, United States and Brazilian markets.

The Practical Solution Public Company Limited, or TPS, has launched the TALLI platform, a fully Thai-built AI platform developed from the company's IT expertise. Boonsom Kijkasetsthaporn said TALLI will boost operational efficiency within client organizations, giving them convenient, fast, accurate and correct access to data within defined permissions, scope and governance. The company sees the launch as an opportunity to expand its core business and a positive signal for its third-quarter 2026 performance. The company currently has a backlog awaiting revenue recognition of 1.784 billion baht.

SMT shares closed the morning session at 6.80 baht, up 0.15 baht or 2.26%, after touching an intraday high of 6.90 baht, supported by three factors. First, positive sentiment in the electronics sector, with DELTA, HANA and KCE leading the market this morning after US employment figures came in below expectations, easing market worries that the Fed will accelerate rate hikes, while US semiconductor stocks surged on Friday night. Second, SMT has its own specific catalyst from its Optical business, which involves optical signal transmission and stands to grow with AI and data centers. Yuanta Securities expects orders from global Optical customers to gradually increase and sees a clearer impact on revenue and margin over the next two quarters. Third, Yuanta expects normal profit in the third quarter of 2026 to grow 65% quarter-on-quarter, and sees 2026 profit swinging from a loss of 146 million baht in 2025 to a profit of 150 million baht. For 2027, it expects profit to grow 88% year-on-year to 282 million baht. It has therefore raised its end-2027 fair value to 8.40 baht and maintained its buy recommendation. The closing price on 2 October already set a new 52-week high at 6.90 baht, while Yuanta's target price of 8.40 baht remains well above the current price.

Viasat Inc., through its subsidiary Inmarsat Government, Inc., was awarded the U.S. Space Force's MECS2 contract in September 2026, securing an initial US$42 million task order under a seven-year Indefinite Delivery/Indefinite Quantity agreement with a ceiling of up to US$307 million to provide fully managed global SATCOM services for the U.S. Marine Corps. The award deepens Viasat's role in secure, multi-orbit government communications and highlights the importance of its ViaSat-3-enabled Ka-band network and 24x7 managed services capabilities. The company's narrative projects $5.5 billion revenue and $626.3 million earnings by 2029, with forecasts yielding a $103.94 fair value, a 44% upside to its current price. Some of the lowest ranked analysts were far more cautious, assuming only about 3.9 percent annual revenue growth and continued losses. The MECS2 award looks incrementally positive for the investment thesis, reinforcing defense demand and multi-orbit capabilities, but it does not by itself resolve near term pressure from high ViaSat-3 and Inmarsat capex or the risk that broadband subscriber declines keep weighing on revenue quality.

Arista Networks raised its 2026 revenue guidance to US$12.60 billion, including at least US$3.50 billion from AI-related business, after reporting second-quarter fiscal 2026 revenue of US$3.00 billion, a 37.7% year-over-year increase. The higher outlook underscores how AI-driven cloud networking has become a central revenue pillar for the company, shaping its growth mix across hyperscale and enterprise customers. Arista was also added to the S&P 100 in September 2026, a move that reflects its growing weight in large-cap U.S. equity indices just as management ties more of its outlook to AI-related revenue. The company's longer-range narrative projects US$21.4 billion in revenue and US$8.2 billion in earnings by 2029, requiring 26.6% yearly revenue growth and an earnings increase of about US$4.2 billion from US$4.0 billion today. Some of the lowest-ranked analysts had already assumed about US$18.6 billion of 2029 revenue and US$6.9 billion of earnings before this guidance, illustrating how differently Arista's AI exposure and long-term supply commitments can be read.

Jabil reported fourth-quarter revenue up 29% year over year and core earnings per share up 34% to $4.40, and guided fiscal 2027 core EPS to $17.55, another gain of about 34%. The company generated $14.4 billion of AI-related revenue in fiscal 2026 and expects $22.1 billion in fiscal 2027, a 54% increase, with six customers in the segment expected to top $1 billion each in fiscal 2027. Jabil supported $36.0 billion of revenue in fiscal 2026 on just $470 million of net capital spending, lifting core return on invested capital to 59%, nearly triple the fiscal 2020 level, and buybacks absorbed about $1.1 billion of free cash flow during the year. On the risk side, chief supply chain officer Francis McKay said memory is being pulled toward AI and hyperscale buyers, squeezing other markets, and Connected Living is expected to shrink 15% to $2.3 billion, while healthcare fell short in the fourth quarter on equipment delays and a slipped customer program. Jabil is adding more than $8.5 billion of revenue in fiscal 2027, which management called unprecedented, and a second hyperscale customer is expected to pass 10% of total revenue, while net inventory days of 64 remain above the 55 to 60 day target.

Harmonic Inc. introduced Recon, a Comcast co-developed network monitoring and measurement family that pairs in-network hardware, handheld tools and cloud software to give broadband operators real-time visibility into fiber performance and fault locations. In parallel, Harmonic's cOS virtualized broadband platform is enabling operators like Lightcurve to deliver multi-gigabit speeds over existing coax. The Recon announcement ties most directly to Harmonic's push around cOS SensAI, since Recon's field data feeds SensAI's intelligence layer for proactive fault detection and remediation. Harmonic's narrative projects $609.8 million revenue and $92.1 million earnings by 2029, requiring 15.3% yearly revenue growth and about an $83.6 million earnings increase from $8.5 million today, while some of the lowest estimate analysts assume revenue of about US$571,000,000 and earnings of roughly US$80,000,000 by 2029.

ASUS announced that the ASUS Googlebook 14 (CX9406CAA) is now available for purchase in Canada, its first-ever laptop designed for Gemini Intelligence. The 14-inch ultraportable, weighing 0.99kg and measuring as thin as 10.9mm, is offered in an Intel Core Ultra 5 configuration with an MSRP of C$1,799 and an Intel Core Ultra 7 configuration with an MSRP of C$1,899, sold through the ASUS Store, Amazon, Best Buy, Canada Computers, Costco, and Staples. Eligible purchasers receive 12 months of Google AI Pro and 5TB of cloud storage, plus three months of YouTube Premium, Adobe Premiere, and CapCut Pro, along with 12 months of Luminar Photo Editor and GeForce NOW Fast Pass. Launch promotions include, until October 31, 2026, a choice at Best Buy between Pixel Buds 2a valued at C$180 or C$280 off a Google Pixel 9a, and, until December 31, 2026, a one-year warranty extension plus an ASUS AP1602 backpack and ASUS Marshmallow Mouse MD100 worth a combined C$170 at the ASUS Store, a C$150 gift card at Staples, a C$150 promo code at Amazon, a C$165 gift card at Costco, or a Logitech MX Master 4 mouse valued at C$160 at Canada Computers. The laptop pairs an Intel Core Ultra Series 3 processor with 16GB LPDDR5X memory and a 512GB PCIe 4.0 SSD, and features a 14-inch 3K OLED HDR touchscreen with up to 1000 nits peak brightness and a 120Hz refresh rate, a six-speaker audio system, a six-sensor haptic touchpad, WiFi 7, and a 70Wh battery rated for up to 18 hours.

ASUS announced that the ASUS Googlebook 14 (CX9406CAA) is now available for purchase in the United States, priced at $1,299.00, online at the ASUS Store and Best Buy. The 14-inch ultraportable is the first-ever ASUS laptop designed for Gemini Intelligence, built on a shared Android foundation for seamless integration with Android phones. It weighs just 2.18lbs and measures 0.43 inches thin, with a CNC-machined magnesium-aluminum chassis finished in Dusk Ash and protected by Nano Ceramic Technology, tested to US military-grade MIL-STD 810H and ASUS Superior Durability standards. The laptop runs an Intel Core Ultra 5 325 processor with 16GB LPDDR5X memory and up to a 512GB PCIe 4.0 SSD, and features a 14-inch 16:10 3K OLED HDR touchscreen with up to 1000 nits peak HDR brightness and a 120Hz refresh rate, a six-speaker audio system, and a 70Wh battery rated at up to 18 hours of battery life. Every purchase includes up to $500 in additional value through a curated bundle of apps and services, most notably 12 months of Google AI Pro and 5TB of cloud storage, plus three months of YouTube Premium, Adobe Premiere Pro, Adobe Photoshop, and CapCut Pro, along with 12 months of Luminar and GeForce NOW.

ALT Telecom Public Company Limited, or ALT, disclosed that it is in negotiations for additional deals with global-tier customers, the Global Hyperscalers, in the fourth quarter of 2026, after signing network and digital infrastructure lease contracts worth a total of approximately 2 billion baht in the third quarter of 2026, with a contract term of 20 years. Preeyaporn Tangpaosak, Managing Director, told the Stock Vision news team that the company targets double-digit growth in revenue in the second half of 2026, driven by recurring revenue recognition from its existing network. The expansion of its large-customer base has raised the value of work awaiting revenue recognition, or backlog, for the group from 5.115 billion baht as of the second quarter of 2026 to approximately 6.9 billion baht in September 2026. The company is also proceeding with bids for smart grid power network systems and AMI smart meter installation work for the Provincial Electricity Authority and the Metropolitan Electricity Authority, as well as government work in security and digital fields, with a combined value of several billion baht. It is also pushing to connect networks in the Eastern Economic Corridor, or EEC, with data centers in Bangkok and overseas, setting a target internal rate of return, or IRR, for new projects of no less than 10 to 15 percent. The company sees three key drivers supporting revenue and profit growth over the next 12 to 18 months: the data center and AI trend, growth in smart meter and smart grid work, and margin expansion from operating leverage.

Kersen Technology recently disclosed an announcement that the company plans to acquire a controlling stake in Huizhou Zhangu Technology Co., Ltd. for no more than 500 million yuan. On September 28, Kersen Technology signed a framework acquisition agreement with Zhangu Technology, He Dongping, Zhang Yingwu, and Huang Weilong, intending to use no more than 500 million yuan of its own or self-raised funds to obtain 53.26% equity in Zhangu Technology through capital increase and equity transfer. Specifically, the company plans to use no more than 210 million yuan to increase capital in Zhangu Technology, holding 22.37% equity after the capital increase, and plans to use no more than 290 million yuan to acquire 30.89% equity held by He Dongping and Zhang Yingwu. Kersen Technology stated that its revenue structure is relatively concentrated in the consumer electronics sector, and its earnings stability is significantly affected by fluctuations in the downstream single industry. This transaction will further integrate high-quality assets and customer resources in the precision metal manufacturing sector, broaden product categories, and improve the industrial chain. Zhangu Technology was established in August 2014 with a registered capital of 25 million yuan, mainly engaged in the production and manufacturing of liquid cooling plate covers, flow channel parts, connector housings, manifold structural parts, CDU sheet metal and other products. The company cautioned that after the transaction is completed, Zhangu Technology will be included in the consolidated financial statements and is expected to generate a certain amount of goodwill. If its future operations undergo adverse changes, the goodwill will be subject to impairment risk.

Sandisk Corporation reported $8.97 billion in fiscal fourth-quarter revenue, with $2.98 billion coming from data centers, roughly 33% of the quarter's total, while edge revenue was $5.43 billion and consumer revenue $556 million. Data-center revenue rose from $213 million a year earlier, and its full-year contribution was $5.15 billion out of total sales of $20.25 billion, or about 25%. The company earned $6.90 billion in the quarter and $11.43 billion in fiscal 2026, and reported an 84.6% GAAP gross margin while guiding to an 83% to 84.9% GAAP range for the next quarter. On August 13, Sandisk said eight structured customer agreements covered roughly half of fiscal 2027 bits and two-thirds of fiscal 2028 bits, with minimum financial guarantees, and management's fiscal 2028 to 2030 model targets about 80% adjusted gross margin and 50% adjusted free-cash-flow margin. Short interest stood at 5,618,213 shares on September 15, about 3.8% of float and 0.56 days to cover, and Insider Monkey's hedge fund database counted 128 hedge-fund holders in Q2 2026, up from 114 in Q1.

IonQ jumped roughly 12% in premarket trading on September 23 after testing the industry's first real-time quantum error decoder, then extended gains on news that its Superion quantum processor would be integrated into NVIDIA's Accelerated Quantum Research Center, with Rigetti Computing trading up in sympathy. IonQ's second-quarter revenue came in at $80 million, up 287% year-over-year, and management boosted its 2026 projection to $280-290 million, with combined revenue after closing the SkyWater foundry purchase potentially reaching $460 million for the year. The company held roughly $2 billion in pro-forma cash, cash equivalents and investments following the SkyWater acquisition, dwarfing Rigetti's approximately $540 million. IonQ's market capitalization is around $17.48 billion against combined 2026 revenue guidance of $450 million to $460 million, putting its forward price-to-sales multiple in the 39x range, while Rigetti trades at a trailing price-to-sales ratio of 391.65x. Since September 2024, insiders at IonQ, Rigetti, D-Wave, and Quantum Computing Inc. have collectively sold around $895.1 million more stock than they bought, and short interest stands at 10.15% of IonQ's shares versus 19.07% for Rigetti.

Nvidia said its board increased its share buyback program by $150 billion, leaving $235 billion in total authorization, the largest buyback program in U.S. history according to data compiled by Bloomberg. Advanced Micro Devices said it would acquire AI model and research lab World Labs in an all-stock transaction valued at nearly $8.2 billion, a deal Citi analyst Atif Malik said gives the company deeper visibility into how AI models are evolving, while RBC analyst Srini Pajjuri said it could help position AMD to offer full-stack solutions for robotics, simulation and physical AI markets. Micron Technology reported fourth-quarter results and an outlook that beat expectations as its strategic customer agreements continued to increase, and Accenture reported fiscal quarterly results that exceeded expectations on both revenue and bookings, sending its shares up nearly 16% on Thursday. HPE closed nearly 4% higher after saying it won a $1.2 billion order of AMD's Helios AI rack from cloud infrastructure company Vultr, and raised its fiscal 2027 networking growth outlook to the high-teens to low-20s on a percentage basis, with data center networking revenue expected to grow at a low-to-high 50s percent compound annual rate through fiscal 2029. Anthropic intends to launch its initial public offering before the Thanksgiving holiday, according to Bloomberg, which also reported that Broadcom's Wall Street syndicate is starting to gather $60 billion of fresh AI chip financing to benefit Anthropic PBC and other companies, while Meta Platforms is adding a new Meta Enterprise Platform for organizations, tapping MongoDB CEO Chirantan Desai to lead it, and introduced Muse for Small Business.

Dell Technologies has joined a planned $15 billion AI data center initiative in Japan aimed at supporting large-scale AI workloads by pairing new data facilities with dedicated power supply capacity. The company also introduced rugged laptops with on-device AI features and added security aimed at field and mission-critical use cases. Dell's participation plugs directly into its existing hardware, software and support services business, tying its gear more tightly to power-hungry enterprise workloads and edge environments. The move fits a narrative centered on converting a US$95b AI backlog and a large pipeline into deployed systems, while the rugged laptops push AI closer to field workers in sectors such as public safety and energy. Dell still relies heavily on hardware in segments where HP and Lenovo also compete on price and features.

Dell Technologies has booked more than $130 billion of AI server orders over the past year and ended its latest quarter with a $95 billion AI backlog, with its AI customer base expanding to more than 6,500 customers. The company says some AI engagements require more than 50 unique designs as customers optimize systems around workload performance, power, cooling and data-center constraints. Dell's stock has risen more than fourfold since the end of February and trades at just 21.3 times forward earnings, with revenue expected to surge 69% this year before growing another 20% next year. Hedge fund sentiment strengthened in the second quarter, as the number of funds in Insider Monkey's database holding the stock rose from 72 to 77 and the value of those positions more than doubled from about $1.7 billion to $3.6 billion. Dell acknowledges component costs are rising, particularly for memory and storage, and that supply remains constrained across much of the AI infrastructure chain.

Badger Meter launched OneNetwork, a real-time monitoring and analytics platform designed to unify fragmented water and wastewater system data, at the WEFTEC conference in New Orleans. The company's share price has fallen 27.6% year to date, with a 1 year total shareholder return down 28.6%, though the 5 year total shareholder return of 26.6% still points to longer term gains. The most followed narrative places Badger Meter's fair value at $169, above the last close of $127.77, framing OneNetwork as part of a wider digital push alongside the BlueEdge platform and expansion beyond the meter. That narrative cites intensifying water scarcity, mounting regulatory pressure, and mandates for real-time monitoring as drivers of shorter replacement cycles and pricing power. Supply chain and tariff pressures, along with any slowdown in core utility water projects, could weaken that upbeat case.