A British single-board computing manufacturer announced Friday it has upgraded its profit expectations for the full year 2026, citing robust artificial intelligence-driven demand that is projected to push adjusted core earnings “significantly ahead” of what analysts had predicted.
The firm anticipates first-half core earnings will reach a minimum of $38 million, alongside unit deliveries surpassing 4 million during the six-month period concluding June 30. This strong showing is attributed to increased shipment volumes, an advantageous product portfolio, and stockpiled inventory from fiscal year 2025.
The computing company cautioned, however, that per-unit profit margins will likely decline during the latter half of the year as memory chip reserves dwindle. Officials indicated the company plans to utilize debt financing for strategic memory component acquisitions to ensure adequate supply during what they described as an exceptional shortage caused by skyrocketing artificial intelligence demand.
