Super Micro stock plunges as company slashes sales forecasts amid financial woes

Super Micro stock plunges as company slashes sales forecasts amid financial woes

Super Micro Computer Inc., a major player in the data center hardware sector, is facing turbulent times as its stock took a sharp dive after the company revealed a severe downward revision of its sales forecasts for the September and December quarters. The San Jose-based tech giant, already under scrutiny for alleged accounting mismanagement, is […]

SEMIFIVE strengthens Arm partnership for enhanced SoC platform performance

SEMIFIVE strengthens Arm partnership for enhanced SoC platform performance

SEMIFIVE, a provider of advanced design solutions specializing in custom silicon, has announced an expanded collaboration with Arm to elevate its artificial intelligence (AI) and high-performance computing (HPC) System-on-Chip (SoC) platforms. Leveraging Arm Neoverse Compute Subsystems (CSS), SEMIFIVE aims to seamlessly incorporate the high-performance capabilities of Arm’s technology into its SoC platforms, delivering state-of-the-art computing […]

Hero MotoCorp partners with Motosport SA to expand in Costa Rica

Hero MotoCorp partners with Motosport SA to expand in Costa Rica

Indian motorcycles and scooters manufacturer Hero MotoCorp has announced Motosport SA as its exclusive distributor to expand its operations in Costa Rica. As the sole distributor for the sales and maintenance of Hero MotoCorp motorcycles and scooters throughout Costa Rica, Motosport SA is expected to play an important role in the rapid growth of Hero […]

American tech firm indie Semiconductor to buy GEO Semiconductor

American tech firm indie Semiconductor to buy GEO Semiconductor

American autotech solutions innovator indie Semiconductor will acquire GEO Semiconductor, a private fabless semiconductor company, to increase its market reach in Japan and South Korea. With the proposed transaction, indie Semiconductor anticipates to add instant scale to the company’s Image Processing program and complete its sensor fusion of Radar, Ultrasound, LiDAR, and Computer Vision solutions […]

OLI Insurance acquires California-based Walton and Associates Insurance

OLI Insurance acquires California-based Walton and Associates Insurance

OLI Insurance Services has acquired California-based Walton and Associates Insurance Services for an undisclosed price. Headquartered in San Jose, Walton and Associates Insurance Services is engaged in providing a range of commercial lines and personal insurance products for clients living in the Bay Area and Northern California. The family-run insurance agency, which was founded in […]

Clinical AI technology company Mendel secures $18m in Series A funding

Clinical AI technology company Mendel secures $18m in Series A funding

Mendel, a California-based clinical AI technology company, has secured $18 million in a Series A funding round led by global venture capital firm DCM. The funding round had participation from new investors – Olive Tree, Millennium Technology Value Partners, and Zola Global Investors. Mendel’s existing investors – Launch Capital, Bootstrap Labs, SOSV, and UCSF Health […]