*Silicon Motion optimistic about consumer recovery in second half of 2025 amid strong AI inference demand*
Silicon Motion, a NAND controller provider, reported that its first-quarter revenue and profit almost met the high end of prior forecasts, largely due to increased demand for AI inference applications despite macroeconomic challenges. The company anticipates a strong recovery in the consumer market by the latter half of 2025, which is expected to sustain growth into the second quarter.
Source: DigiTimes
Submitted May 04, 2025 at 10:27PM by NewMaxx via reddit ift.tt/kjo4WZK
Silicon Motion, a NAND controller provider, reported that its first-quarter revenue and profit almost met the high end of prior forecasts, largely due to increased demand for AI inference applications despite macroeconomic challenges. The company anticipates a strong recovery in the consumer market by the latter half of 2025, which is expected to sustain growth into the second quarter.
Source: DigiTimes
Submitted May 04, 2025 at 10:27PM by NewMaxx via reddit ift.tt/kjo4WZK