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(PR) Logitech Announces Fourth Consecutive Quarter of Sales Growth
Logitech International today announced financial results for the third quarter of Fiscal Year 2025. "We're excited to deliver strong, profitable growth once again, in our biggest quarter of the year," said Hanneke Faber, Logitech chief executive officer. "Our growth was driven by our strategic priorities. We delivered superior innovation. Gaming sales were near pandemic-high levels, thanks to an outstanding set of innovations launched ahead of the holidays. We delivered near record sales in our premium Pro Gaming and MX portfolios. Logitech for Business made excellent progress. And our teams fielded effective marketing campaigns and excellent holiday retail execution to drive broad-based geographic progress."
"Q3 marks another disciplined quarter," said Matteo Anversa, Logitech chief financial officer. "Thanks to our strong operational performance, we again delivered year-over-year expansion of gross margin. While we expect fourth quarter currency headwinds, the strong demand in the third quarter and the continued promotional and operational discipline of our teams give us confidence about the trajectory of our business, and we are increasing our full-year outlook."
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(PR) Sony Interactive Entertainment Gets New Leadership
Sony Group Corporation and Sony Interactive Entertainment (SIE), the company behind PlayStation, today announced the appointment of Hideaki Nishino to the role of President and CEO effective April 1, 2025. This marks an evolution designed to maximize synergies across SIE that was announced in May 2024 in which Nishino was appointed CEO of the Platform Business Group effective June 1, 2024, alongside Hermen Hulst, who was appointed CEO of the Studio Business Group. Hulst will continue to serve as CEO, Studio Business Group, SIE, reporting to Nishino.
Sony Group Corporation and SIE also announced that effective April 1, Hiroki Totoki, President, COO and CFO of Sony Group Corporation, will step down from the SIE Chairman position to become President and CEO of Sony Group Corporation, and that Lin Tao, currently serving as SVP, Finance, Corporate Strategy and Development for SIE, will step down from her position at SIE to become CFO of Sony Group Corporation. Her successor at SIE will be announced at a later time.
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Planned Age of Empires 3: Definitive Edition DLC Canceled
World's Edge shared plans in February 2024 to launch a DLC for Age of Empires 3: Definitive Edition before the year ended. But come October, they pushed back the expansion's release to a "future date" with no set timeline. The studio has now scrapped the project, as they announced yesterday. The company hadn't shared much about the DLC's contents, production director Earnest Yuen had hinted at one point that it would add two new civilizations that players often asked for.
Age of Empires 3: Definitive Edition last saw an expansion in May 2022 with Knights of the Mediterranean. Now that this new DLC isn't happening, the game looks to be entering a phase of upkeep. World's Edge hasn't ruled out new content, but they'll focus on keeping servers running, rotating free trial civilizations, and helping customers. "Whilst we will not be moving forwards with this DLC content for Age III: DE, we will continue to maintain servers, rotate civs through the free trial version, and provide Customer Support for any issues you may encounter whilst playing."
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(PR) ASML Reports €28.3 Billion Total Net Sales and €7.6 Billion Net I
Today, ASML Holding NV (ASML) has published its 2024 fourth-quarter and full-year results.
- Q4 total net sales of €9.3 billion, gross margin of 51.7%, net income of €2.7 billion
- Quarterly net bookings in Q4 of €7.1 billion of which €3.0 billion is EUV
- 2024 total net sales of €28.3 billion, gross margin of 51.3%, net income of €7.6 billion
- ASML expects Q1 2025 total net sales between €7.5 billion and €8.0 billion, and a gross margin between 52% and 53%
- ASML expects 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%
CEO statement and outlook
"Our fourth-quarter was a record in terms of revenue, with total net sales coming in at €9.3 billion, and a gross margin of 51.7%, both above our guidance. This was primarily driven by additional upgrades. We also recognized revenue on two High NA EUV systems. We shipped a third High NA EUV system to a customer in the fourth quarter.
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AMD Details DeepSeek R1 Performance on Radeon RX 7900 XTX, Confirms Ry
AMD today put out detailed guides on how to get DeepSeek R1 distilled reasoning models to run on Radeon RX graphics cards and Ryzen AI processors. The guide confirms that the new Ryzen AI Max "Strix Halo" processors come in hardwired to LPCAMM2 memory configurations of 32 GB, 64 GB, and 128 GB, and there won't be a 16 GB memory option for notebook manufacturers to cheap out with. The guide goes on to explain that "Strix Halo" will be able to locally accelerate DeepSeek-R1-Distill-Llama with 70 billion parameters on the 64 GB and 128 GB memory configurations of "Strix Halo" powered notebooks, while the 32 GB model should be able to run DeepSeek-R1-Distill-Qwen-32B. Ryzen AI "Strix Point" mobile processors should be capable of running DeepSeek-R1-Distill-Qwen-14B and DeepSeek-R1-Distill-Llama-14B on their RDNA 3.5 iGPUs and NPUs. Meanwhile, older generation processors based on "Phoenix Point" and "Hawk Point" chips should be capable of DeepSeek-R1-Distill-Llama-14B. The company recommends running all of the above distills in Q4 K M quantization.
Switching gears to the discrete graphics cards, and AMD is only recommending its Radeon RX 7000 series for now, since the RDNA 3 graphics architecture introduces AI accelerators. The flagship Radeon RX 7900 XTX is recommended for DeepSeek-R1-Distill-Qwen-32B distill, while all SKUs with 12 GB to 20 GB of memory—that's RX 7600 XT, RX 7700 XT, RX 7800 XT, RX 7900 GRE, and RX 7900 XT, are recommended till DeepSeek-R1-Distill-Qwen-14B. The mainstream RX 7600 with its 8 GB memory is only recommended till DeepSeek-R1-Distill-Llama-8B. You will need LM Studio 0.3.8 or later and Radeon Software Adrenalin 25.1.1 beta or later drivers. AMD put out first party LMStudio 0.3.8 tokens/second performance numbers for the RX 7900 XTX, comparing it with the NVIDIA GeForce RTX 4080 SUPER and the RTX 4090.
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Reports Suggest DeepSeek Running Inference on Huawei Ascend 910C AI GP
Huawei's Ascend 910C AI chip was positioned as one of the better Chinese-developed alternatives to NVIDIA's H100 accelerator—reports from last autumn suggested that samples were being sent to highly important customers. The likes of Alibaba, Baidu, and Tencent have long relied on Team Green enterprise hardware for all manner of AI crunching, but trade sanctions have severely limited the supply and potency of Western-developed AI chips. NVIDIA's region-specific B20 "Blackwell" accelerator is due for release this year, but industry watchdogs reckon that the Ascend 910C AI GPU is a strong rival. The latest online rumblings have pointed to another major Huawei customer—DeepSeek—having Ascend silicon in their back pockets.
DeepSeek's recent unveiling of its R1 open-source large language model has disrupted international AI markets. A lot of press attention has focused on DeepSeek's CEO stating that his team can access up to 50,000 NVIDIA H100 GPUs, but many have not looked into the company's (alleged) pool of natively-made chips. Yesterday, Alexander Doria—an LLM enthusiast—shared an interesting insight: "I feel this should be a much bigger story—DeepSeek has trained on NVIDIA H800, but is running inference on the new home Chinese chips made by Huawei, the 910C." Experts believe that there will be a plentiful supply of Ascend 910C GPUs—estimates from last September posit that 70,000 chips (worth around $2 billion) were in the mass production pipeline. Additionally, industry whispers suggest that Huawei is already working on a—presumably, even more powerful—successor.
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TechPowerUP NEWS
Lantronix Inc., a global leader of compute and connectivity for IoT solutions enabling AI Edge Intelligence, today announced it will launch its new 28-port SM24TBT4XPA Managed 2.5G Ethernet PoE++ network switch as well as feature its 24-port SM24TBT4SA and 8-port SM8TBT2SA Managed Gigabit Ethernet PoE++ network switches at the 2025 BICSI Winter Conference & Exhibition. Taking place Feb. 4-6, 2025, at the Gaylord Palms Resort & Convention Center in Orlando, Fla., Lantronix will exhibit these newest items, along with more IoT network solutions, at booth Number 910.
"At BICSI, we will feature our new PoE++ network switches that offer flexibility in port speed and power while delivering the always-on performance needed for critical applications, such as smart building, wireless and security and surveillance. Our users know they can rely on Lantronix's secure network solutions to stay connected at the network edge while gaining easy, intuitive control of end-to-end devices," said Mathi Gurusamy, chief strategy officer at Lantronix.
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Edward Snowden Lashes Out at NVIDIA Over GeForce RTX 50 Pricing And Va
It's not every day that we witness a famous NSA whistleblower voice their disappointment over modern gaming hardware. Edward Snowden, who likely needs no introduction, did not bother to hold back his disapproval of NVIDIA's recently launched RTX 5090, RTX 5080, and RTX 5070 gaming GPUs. The reviews for the RTX 5090 have been mostly positive, although the same cannot be said for its affordable sibling, the RTX 5080. Snowden, voicing his thoughts on Twitter, claimed that NVIDIA is selling "F-tier value for S-tier prices".
Needless to say, there is no doubt that the RTX 5090's pricing is quite exorbitant, regardless of how anyone puts it. Snowden was particularly displeased with the amount of VRAM on offer, which is also hard to argue against. The RTX 5080 ships with "only" 16 GB of VRAM, whereas Snowden believes that it should have shipped with at least 24, or even 32 GB. He further adds that the RTX 5090, which ships with a whopping 32 GB of VRAM, should have been available with a 48 GB variant. As for the RTX 5070, the security consultant expressed desire for at least 16 GB of VRAM (instead of 12 GB).
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Nintendo GameCube "Space World" Prototype Listed on Ebay, Owner Seeks
Nintendo fans will be looking forward to the release of Switch Part Deux in the coming months, but a certain subset prefer to look back into the past with great fondness. Retro gaming connoisseurs have a soft spot for often unsung older hardware—the Nintendo GameCube home console is a prime example. Hardcore collectors have spent countless hours in search of special editions, unusual color variants, developer kits and prototypes. Donny Fillerup—founder and owner of Consolevariations—hit the jackpot around mid-2023; he managed to track down an extremely rare demonstration model. "Space World" units are highly-coveted—only a handful still exist—due to unique origins. Nintendo officially introduced its GameCube console at Space World 2000—a first-party-oriented annual trade show (defunct since 2001).
Vintage console curators believe that Nintendo repurposed many of its initial batch of "Space World" prototypes, but a few examples have escaped into the wild. Fillerup's ownership of a "one-of-a-kind legendary" indigo sample is seemingly coming to an end—mid-week, gaming press outlets received tip-offs regarding an eBay auction (de-listed at the time of writing). The Consolevariations boss is engaged in fundraising endeavors—according to the item's description, he wants to turn his hobby into: "a foundation business. A Gaming place where the entire family can enjoy, people can meet other people, talk with people who feel uncomfortable with other people, and make the visitors feel young again." Fillerup's asking price was $100,000, with a required $1 fee for economy-class shipping. His prized-possession sports some "battle damage" and is completely non-functional—a Consolevariations blog entry does an effective job of showcasing the "ins and outs" of this "First Announcement Model." The eBay listing did not mention any bundling-in of a matching Space World-era controller, another treasured rarity.
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(PR) Electronic Arts Reveals "The Sims 25th Birthday Bundle"
It's hard to believe that it has been 25 years since The Sims made its debut, but we're so grateful to have shared this incredible journey with so many of you. No one does life like The Sims, and as we gear up for next week's celebrations, what better way to kick things off than with a cultural comeback? That's right—we're taking it back to where it all began with the launch of The Sims 25th Birthday Bundle! You've been asking for it, and we're thrilled to finally return to the days when we first reimagined the ways people play with life.
To celebrate our legacy and honor the incredible fans that have been with us along the way, we're re-releasing two fan-favorite titles that contain familiar neighborhoods and beloved characters - such as the sneaky burglar, unpredictable genie, and Sunny the Tragic Clown—that started it all. Rediscover the nostalgia and magic of the classics that welcomed so many of you into our amazing community. The Sims 25th Birthday Bundle includes The Sims and The Sims 2, featuring all the iconic characters, music, and gameplay you know and love, plus bonus content! You can also purchase The Sims: Legacy Collection and The Sims 2: Legacy Collection separately. We're so excited for you to play, create, and relive the fun across re-releases of these beloved games, rolling out globally on Windows 10 and 11 beginning on January 31, 2025.
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GoDeal24 Winter Special Sale Rolls On! Discounts on Genuine Software
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NVIDIA GeForce RTX 5060 and RTX 5060 Ti Rumored to Launch in March 202
A recently leaked slide from the Taiwanese company Chaintech has seemingly confirmed the launch dates for the RTX 5060 and RTX 5060 Ti GPUs. Previous leaks have hinted at an early Q2 launch for the mid-range gaming GPUs, in both 8 GB and 16 GB VRAM flavors. Chaintech's slide does not reveal any specifications regarding the GPUs, although we do have a pretty good idea of what the upcoming GPUs will bring to the table.
As per recent leaks, the RTX 5060 and 5060 Ti are both expected to sport the GB206 GPU, paired with 8 or 16 GB of VRAM on a 128-bit bus. Despite employing the speedy new GDDR7 standard, there is no denying that 8 GB of VRAM is far from sufficient for a comfortable ray-traced gaming experience in 2025, perhaps even less so in the near future. Considering that the Arc B580 ships with 50% more VRAM, the entry-level RTX 5060 is more than likely to be hard sell for many people, unless, of course, the RTX 5060/Ti somehow pulls off impressive performance uplifts.
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