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Evening Standard
Evening Standard
Technology
Henry Saker-Clark

Raspberry Pi shares surge after profit guidance hiked

Raspberry Pi has seen strong demand for its low-cost computers amid the AI boom (Raspberry Pi/PA) - (PA Media)

Raspberry Pi has hiked its profit guidance due to strong demand for its tiny, low-cost computers amid the AI boom.

Shares in the company surged by as much as a quarter in early trading on Friday as a result, rising to a record level which would value the business at around £2 billion.

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