Raspberry Pi has stepped up its profit forecast amid growing demand for its small computers as the artificial intelligence (AI) sector surges.
The Cambridge-based firm now expects adjusted earnings of at least $38m (£28.2m) for the first half of 2026, a jump that sent shares soaring by up to 25% in early trading on Friday and boosted its market value to around £2bn.
These credit card-sized computers are increasingly being used to create AI-powered devices, offering a cost-effective alternative to more specialized hardware. The company reports over four million unit sales for the half-year, reflecting robust demand for products that continue to outpace expectations even as prices have risen due to global shortages of memory chips.
Raspberry Pi's devices are the most widely sold computers by a UK firm and remain popular among hobbyists who programme. More recently, enthusiasts have begun using low-cost Raspberry Pis to host AI assistants like OpenClaw, demonstrating the versatility and affordability of these tiny yet powerful machines in the rapidly evolving world of technology.
