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Nvidia Supplier Hon Hai Sales Beat As Continued AI Demand Offsets Consumer Electronics Decline

Nvidia Supplier Hon Hai Sales Beat As Continued AI Demand Offsets Consumer Electronics Decline Nvidia’s server assembly partner Hon Hai Precision Industry reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further, according to Bloomberg.  Hon Hai’s revenue grew to NT$2.51 trillion ($79 billion) in the three months to June, beating the average of analyst estimates of NT$2.37 trillion. Demand for AI-related products drove sales, compensating for a slight decline in demand from consumer electronics and computing products, where soaring memory prices have resulted in widespread...
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Mar 29, 2026 / Tyler Durden
Gamer Backlash Hits Sony After PlayStation Price Hike: "Older Stuff Should Get Cheaper, Not Expensive"
Gamer Backlash Hits Sony After PlayStation Price Hike: "Older Stuff Should Get Cheaper, Not Expensive" Gamers, already upset over rising memory, CPU, and GPU prices, woke up to more bad news this morning. This time, Sony posted a new entry on the PlayStation Blog announcing price hikes for the PS5, PS5 Pro, and PlayStation Portal, blaming “continued pressures in the global economic landscape.” "We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming...
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Jun 27, 2026 / Tyler Durden
When Extremists Run The Government
When Extremists Run The Government Authored by J.B. Shurk via American Thinker, Two can certainly play the “extremist” game... Politicians, government bureaucrats, central bankers, spy agencies, and mainstream news outlets lie to us every day.   For some people, the previous sentence is patently obvious.  For others, that sentence represents “fringe” thinking.  For certain law enforcement agencies in North America and Europe, that sentence reveals potentially dangerous “extremism.” “Extremism” is such a morally squishy word.  It means nothing.  It suggests that the average beliefs of the average person in the average part of an average town are, on average, correct.  Should a...
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Apr 24, 2026 / Tyler Durden
US Sanctions Cambodian Senator Linked To Crypto Romance Scam Centers
US Sanctions Cambodian Senator Linked To Crypto Romance Scam Centers Authored by Chris Summers via The Epoch Times (emphasis ours), The United States on April 23 imposed sanctions on a wealthy Cambodian senator, Kok An, who allegedly ran crypto-romance scam centers that stole millions of dollars from U.S. citizens. Thai soldiers stand outside an abandoned scam center in O'Smach town on the border between Thailand and Cambodia on March 12, 2026. Lillian Suwanrumpha/AFP via Getty Images Kok, 71, is a political ally of Hun Sen, who served as Cambodian prime minister for 25...
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