nVent reinvests in business and returns cash to shareholders
Full-year capex is ~$130 million, up 40%, and the company returned $118 million in cash to shareholders in 1H.
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Latest news in Communications & Networking
Company announcements
Sivers Semiconductors increases total shares and votes
The increase results from a directed share issue of 12,280,701 shares and conversion of a convertible loan of 22,847,044 shares.
Ericsson supplies RAN Compute platform for NTT DOCOMO in Japan
The AI-enabled platform uses Ericsson Silicon to double capacity and halve energy consumption, supporting 4G, 5G, and 5G Advanced.
nVent delivered record quarterly sales and adjusted EPS
Sales rose 53% to $1.5B, adjusted EPS up 69% to $1.45, raising full-year guidance
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Media coverage
Lumentum CEO warns of impending bottleneck on critical material used for silicon photonics — fab and material shortfall already lags 30% below customer needs as co-packaged optics demand skyrockets
Nvidia put $2 billion each into Lumentum and Coherent. Between them, they hold most of the world's...
FCC: Dish trust only for outsiders that built its 5G network
The FCC said a fund set up for EchoStar's spectrum sales is exclusive to external companies tied to...
Arista Networks’ Huge AI Sales, Upcoming Earnings Lift Shares
Networking firm Arista Networks, Inc. (ANET) gains 3,330% since 2015’s first institutional outlier i...
Xscape Photonics raised $81 million to replace copper wiring with light inside AI data centers
Xscape Photonics raised $81M total in its Series A to replace copper data center wiring with light-based interconnects, ...
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