Cornelis Networks is a provider of high-performance fabrics for commercial, scientific, academic, and government organizations, focusing on optimal performance and scalability in AI and HPC environments, self-described.

Cornelis Networks

HPC-AI Technology develops AI optimization solutions for large language models and high-performance computing. The company focuses on providing tools for efficient AI training and inference across various hardware platforms.

HPC-AI Technology

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones. It also provides laptops, monitors, accessories, smart home and collaboration solutions, augmented and virtual reality, commercial internet of things, and smart infrastructure data center solutions. In addition, the company manufactures and distributes IT products, computers, computer hardware, and peripheral equipment; and offers IT, business planning, management, supply chain, finance, administration support, procurement agency, data management, intellectual property, and investment management services. Further, it is involved in the retail and service business for consumer electronic products and related digital services; development, ownership, licensing, and sale of communications hardware and software; and develops software and applications. Additionally, the company is involved in motherboard design and system, full-rack assembly across server, storage, and other products; and provides device-, infrastructure-, and software-as-a-service. It operates in China, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Lenovo Group Limited was founded in 1984 and is based in Quarry Bay, Hong Kong.

Chuanzhi Liu

Lenovo Group Limited

NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. The company's products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, independent software vendors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. It has a strategic collaboration with Kroger Co. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.

Jensen Huang

NVIDIA Corporation

Cornelis Networks | 12,040 followers on LinkedIn. Data Center Defining Next-Generation Interconnects | Cornelis is a leading provider of end-to-end purpose-built high-performance fabrics to commercial, scientific, academic, and government organizations, delivering optimal performance, scalability, and efficiency across hyperscale, cloud AI, and on-premises AI/HPC environments. Our offerings address key requirements essential for modern AI infrastructure, including scalable architecture, high bandwidth solutions, and universal compatibility with accelerators and GPUs.

Ian Wardrope

Vice President - Operations at Cornelis Networks

David P. Vitt, MBA

John LaPorte

Co-founder and Vice President, Solutions Delivery & Support at Cornelis Networks

Gunnar K. Gunnarsson

Join Cornelis Networks at SC24 in Atlanta, Georgia, from November 17-22! Visit us at Booth #1003 to discover the latest in AI and HPC networking solutions. Don’t miss your chance to connect— register today! https://lnkd.in/gMKg5w2K

To stay ahead in the fast-paced world of AI and HPC, solutions must evolve with tomorrow's demands. Discover how innovative solutions from Lenovo and Cornelis Networks are shaping the future of technology. Learn more about how we're driving the next wave of AI and HPC advancements here: https://lnkd.in/g_XZUKM4

Join us on October 9th at the HPC Roundtable Italy, hosted by Do IT Now , as we discuss how to build infrastructure for tomorrow's AI and HPC projects today. https://lnkd.in/ee5X-Jzh #HPCRoundtable24 #AI #HPC

To meet the complex demands of tomorrow's AI workloads, robust infrastructure solutions are needed today. Our CEO, Lisa Spelman , recently spoke with The_TechArena and Allyson Klein about what's required to maximize the performance, scalability, and interoperability of AI models both in the cloud and on-premises in the latest episode of the Tech Arena podcast. Listen to the podcast here: https://lnkd.in/g7iRNeNt

We’re excited to welcome our 2024 Drexel University Co-op Class as they embark on their 6-month fall and winter session! This talented group is poised to make meaningful contributions, and we can’t wait to see their growth in the coming months. Welcome to Cornelis Networks! From left to right: Robel Eyob, Ishan Patel (returning for his second Co-op with Cornelis Networks), and Joshua Ricefield.

The future of AI and HPC depends on building the right infrastructure today. Join us for the first HPC roundtable hosted by DOITNOW in Munich on September 19 to discuss the latest developments and trends in AI, HPC, and quantum computing. https://lnkd.in/ewNNiNFg #HPCRoundtable24 #AI #HPC

AI advancements create enormous opportunity – and complexity – for the financial industry. Today, we're at the HPC + AI Wall Street to discuss the latest innovations changing the FinTech world and share best practices for anyone building out AI- and HPC-ready infrastructure. www.hpcaiwallstreet.com #HPCAI2024 #FinTech

Join our upcoming webinar to learn how Cornelis is collaborating with our technology partner Convergent Science to deliver increased performance, helping customers accelerate time-to-insight and improve engineering productivity. Register now to secure your spot and take your computing capabilities to the next level. https://lnkd.in/dbuvTpa7 We look forward to your participation!

Join Cornelis Networks and Giga Computing to explore how interconnect solutions can enhance your data center performance and drive success. Register now! https://lnkd.in/gpzSNVGJ Date: September 12 Time: 2:00 PM BRT | 1:00 PM EDT | 10:00 AM PDT

HPC and AI solutions depend on network performance and scalability to meet the ever-growing demands of their workloads. That's why we're collaborating with SURF, integrating our cutting-edge interconnect into their Experimental Technologies Platform to deliver enhanced networking capabilities for research computing. Learn more about our SURF partnership at https://lnkd.in/gFNwRnAd . #HPC #AI

Metric
Company Name	Cornelis Networks	HPC-AI Technology	Lenovo Group Limited	NVIDIA Corporation
Symbol			LEN	NVDA
MSH ID	COM:CORNELISNETWORKS	COM:HPC-AI	COM:LENOVO	COM:NVIDIA
Market	PRIVATE	PRIVATE	STOCKS	STOCKS
Sector	Technology	Technology		Technology
Industry	Information Technology	Artificial Intelligence and High-Performance Computing		Semiconductors
Country	US	CN	HK	US
Stage
Employee Count		19	71.09K	29.60K
Website	cornelisnetworks.com	hpc-ai.com	lenovo.com	nvidia.com
LinkedIn	cornelisnetworks	hpc-ai-technology		nvidia
Founders

Metric
Market Cap	15.99B	3.32T
Enterprise Value
Monthly Web Traffic		65.44M
Web Traffic Growth		0.04
Valuation
Raised Capital		5M

Metric
Revenue	56.86B	60.92B
Revenue (LTM)
Revenue (NTM)
Gross Profit	9.80B	44.30B
EBITDA	3.05B	34.48B
Operating Income	2.01B	32.97B
Net Income	1.01B	29.76B
EPS	0.08	12.05
Diluted EPS	0.07	11.93
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.17	0.76
Operating Profit Margin	0.04	0.62
EBITDA Margin	0.05	0.57
Net Profit Margin	0.02	0.55
Return on Equity	0.19	1.16
Return on Assets	0.03	0.62
Return on Capital Employed	0.16	0.84

CORN

COM:CORNELISNETWORKS

Cornelis Networks

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		90.14
P/B Ratio		31.44
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.17	41.48
EV Multiple	3.21	69.02

Metric
Days Sales Outstanding		67.59
Days Payables Outstanding	86.87	64.22
Days Inventory Outstanding	51.99	115.99
Operating Cycle	107.84	175.90
Cash Conversion Cycle	26.70	116.63
Asset Turnover	1.47	1.13

Metric
Operating Cash Flow	2.01B	28.09B
Free Cash Flow	725.09M	27.02B
Cash Flow to Debt	0.51	5.59
Operating Cash Flow/Sales	0.04	0.51
Free Cash Flow Yield	-0.01	0.01

Metric
Cash & Equivalents	3.56B	7.28B
Accounts Receivable		-6.17B
Inventory	6.70B	5.28B
Goodwill		4.43B
Debt to Capitalization	0.42	0.19
Debt to Assets	0.11	0.20
Current Ratio	0.87	3.59
Quick Ratio	0.47	3.79

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01	0.07
R&D to Revenue	0.04	0.18
SG&A to Revenue	0.04