Raspberry PI has lifted its profit outlook for the year as strong demand for artificial intelligence boosted sales.
The firm said it expected to deliver adjusted earnings of at least $38m (£28.2m) for the first half of 2026.
Raspberry Pi expects first-half profits of at least $38 million from shipments of more than 4 million units, putting it close ...
The Cambridge-based firm has seen the value of its stock more than triple since the start of the year.
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The big picture: It's been two months since Raspberry Pi increased the cost of some of its single-board computers due to the ongoing global memory shortage. At the time, founder Eben Upton left open ...
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June 5 (Reuters) - Single-board computing company Raspberry Pi on Friday raised its full-year 2026 profit forecast, saying strong AI-related demand was expected to result in adjusted core profit ...
Eben Upton warns against claims that Artificial Intelligence will destroy vast numbers of computing roles over the coming years.