Investment Rating - The report maintains an "Outperform" rating for the communication industry [5] Core Insights - The global computing infrastructure remains highly prosperous, with a continued positive outlook on computing directions. The global server market is expected to reach $366 billion in 2025, growing by 44.6% year-on-year. The market for GPU-equipped servers is projected to grow by 46.7%, nearly accounting for half of the overall market [12][19][22] - The deployment of NVIDIA's GB300 AI systems has begun, indicating sustained growth in the global AI landscape. CoreWeave and Dell Technologies announced the launch of the first batch of GB300 NVL72 AI systems, which are equipped with advanced GPUs and CPUs to meet increasing AI computing demands [23][24] - China Mobile's procurement of AI servers worth 3.2 billion yuan marks a significant acceleration in AI inference computing infrastructure development, highlighting the urgency for operators to enhance AI application capabilities [35][40] Summary by Sections Industry News Tracking - The global computing infrastructure is expected to maintain high prosperity, with a focus on computing directions. The global server market is projected to reach $366 billion in 2025, with a year-on-year growth of 44.6% [12][19] - The Chinese GenAI IaaS market is anticipated to grow by 165% year-on-year in the second half of 2024, reaching 8.74 billion yuan, marking a significant share in the overall AI IaaS market [16][22] Market Performance Review - The communication index fell by 0.10% this week, while the Shanghai and Shenzhen 300 index rose by 1.54%, resulting in a relative return of -1.64%, ranking 26th among primary industries [3][48] Investment Recommendations - Focus on AI computing infrastructure across various segments, particularly in optical devices and copper connection industries, which are expected to benefit from the global AI development [4][55] - Long-term investment in the three major telecom operators is recommended due to their stable operations and increasing dividend ratios, with a cumulative revenue of 748.8 billion yuan in the first five months of the year, reflecting a 1.4% year-on-year growth [4][55]

Core Insights - President Donald Trump's announcement of a U.S.-Vietnam trade deal and a solid June jobs report positively impacted stock markets, presenting investment opportunities for investors seeking stocks with strong fundamentals and growth potential [1] Dell Technologies - Dell Technologies (DELL) is highlighted as a stock pick, with Evercore analyst Amit Daryanani maintaining a buy rating and a price target of $150, while TipRanks' AI analyst has an "outperform" rating with a price target of $128 [3][4] - Daryanani expressed optimism about Dell's potential for high-single-digit revenue growth and double-digit increases in earnings per share (EPS) and free cash flow (FCF), supported by cost optimization initiatives and AI investments [4][6] - The analyst noted that Dell's AI server margins are exceeding expectations, allowing the company to earn a premium compared to competitors, and emphasized innovations in infrastructure offerings, particularly in liquid cooling capabilities [5][6] Trade Desk - Trade Desk (TTD) is another stock recommendation, with Evercore analyst Mark Mahaney upgrading the stock to Buy from Hold, setting a price forecast of $90, while TipRanks' AI analyst has an "outperform" rating with a lower target of $83 [7][8] - Mahaney views the recent pullback in TTD stock as a buying opportunity, citing improved online ad demand sentiment and execution since April/May, despite uncertainties for the second half of the year [8][11] - The analyst highlighted that Trade Desk's product announcements have alleviated concerns regarding the transition to the AI-powered Kokai platform, and he anticipates achievable growth setups for fiscal 2025 [10][12] Amazon - Amazon (AMZN) is the third stock pick, with Jefferies analyst Brent Thill reaffirming a buy rating and raising the price target to $255 from $250, while TipRanks' AI analyst has an "outperform" rating with a target of $233 [14][15] - Thill's price target increase follows a survey indicating that Amazon remains resilient despite tariff-related price increases, with 62% of respondents spending the same or more in the past three months [15][16] - The survey revealed that Amazon Prime is a significant loyalty driver, with 73% of respondents holding a Prime membership, and Thill expects the upcoming Prime Day event to be more impactful due to its extended duration [16][17]

Group 1 - Rack-scale server shipments increased more than 2x in the first quarter of this year, indicating strong demand in the market [1] - The overall server market reached a record $95.2 billion in the first quarter, showcasing significant growth [1] Group 2 - The technology sector, particularly semiconductors, artificial intelligence, and cloud software, is a primary focus for equity research [2] - Other areas of research include MedTech, Defense Tech, and Renewable Energy, indicating a diverse investment interest [2]

Group 1 - Google has launched the Veo 3 video generation model for Gemini users in 159 countries, available only to paid subscribers of the Google AI Pro plan, allowing up to three videos to be generated daily, which may enhance user engagement and conversion rates in Google's AI business [1] - Ilya Sutskever, co-founder of OpenAI, has been appointed CEO of Safe Superintelligence, following the departure of co-founder Daniel Gross, with implications for market competition dynamics in the AI sector as Zuckerberg reportedly sought to acquire the company, which is valued at $32 billion [2] - Dell Technologies has delivered the first systems based on NVIDIA's latest AI chip, the GB300 NVL72 platform, to CoreWeave, which saw its stock rise by 8.85%, indicating strengthened competitiveness in the AI cloud computing space [3] Group 2 - DeepSeek has posted job openings on LinkedIn for the first time in months, seeking talent for positions focused on artificial general intelligence (AGI), reflecting the intensifying competition for AI talent among domestic companies [4] - Samsung has delayed the completion of its semiconductor factory in Taylor, Texas, due to difficulties in finding customers, which indicates a slowdown in demand within the semiconductor industry [5]

戴尔基础设施解决方案集团总裁Arthur Lewis指出："今天我们迈出企业AI发展的又一重要一步，成为首 个交付英伟达GB300 NVL72系统的厂商。这也彰显了戴尔始终致力于为各行业提供尖端技术，助力客 户快速扩展创新能力的承诺。" 据英伟达介绍，Blackwell Ultra是继上一代Blackwell之后的升级版本，其性能相比前代提升达50%。公 司首席财务官Colette Kress早在今年5月便透露，Blackwell Ultra GB300 NVL72已向部分客户发送测试样 品，预计本季度内开始正式出货。 英伟达创始人兼首席执行官黄仁勋也曾表示，相较于从Hopper架构过渡到Blackwell所面临的"复杂升 级"挑战(从每个机架8颗GPU升级至72颗GPU)，Blackwell Ultra在架构上与Blackwell高度相似，同样采 用72 GPU配置，使得迁移过程将更加平稳无缝。 随着AI基础设施的持续扩张，戴尔已成为AI计算机和服务器领域的领先厂商，其客户包括CoreWeave和 埃隆·马斯克旗下的xAI，后者正加快建设自己的AI模型训练平台。 截至周四收盘，英伟达股价上涨1.33%，盘中 ...

In my last coverage of Dell Technologies Inc. (NYSE: DELL ), I rated the stock as a buy based on its strategic shift toward the Infrastructure Solutions Group (ISG) segment and the strengthening momentum of its Client Solutions Group (CSG) segment. SinceI am an experienced Risk Management Business Analyst at a Systemic Greek Bank, with a strong background in finance and risk analysis. I hold an MSc in Applied Risk Management from the University of Athens and have completed the ACA Certificate Level. My expe ...

Core View - CoreWeave has announced the acquisition of NVIDIA's new high-end AI chip, the GB300 NVL72, marking a significant milestone for the company in the AI hardware space [1] Company Summary - The supplier of the GB300 NVL72 chip is Dell Technologies, indicating a partnership that may enhance CoreWeave's capabilities in AI [1] - With the integration of Intel's AI server systems, CoreWeave aims to support clients, including OpenAI, in developing and deploying larger and more complex AI models [1]

Core Insights - The infrastructure development to support AI applications is creating significant investment opportunities, with Nvidia being a major beneficiary due to its advanced chips and software [1][2] - Nvidia's revenue has dramatically increased from $61 billion in fiscal 2024 to over $130 billion in fiscal 2025, with expectations of approximately $90 billion in the first half of fiscal 2026, driven by the data center segment [2] - Dell Technologies is also benefiting from the AI boom, with its Infrastructure Solutions Group achieving record sales of $43.6 billion in fiscal 2025, a 29% year-over-year increase [5] Nvidia's Performance - Nvidia's AI factories are contributing to Dell's backlog, with the company seeing substantial growth in its AI server business, which generated nearly $10 billion, up from $1.5 billion in fiscal 2024 [5][6] - The demand for AI infrastructure is unprecedented, with Dell reporting a $14.4 billion AI backlog and $12.1 billion in AI orders in the first quarter of fiscal 2026 [6] Dell's Strategic Position - Dell is not solely an AI company but is well-positioned to benefit from the AI revolution, with its stock rebounding due to strong growth prospects [7][8] - The Client Solutions segment is integrating AI for commercial and retail clients, providing stable cash flow and generating more revenue than the Infrastructure Solutions group last year [9] Shareholder Returns - Dell's management is committed to returning at least 80% of its adjusted free cash flow to shareholders, increasing its annual dividend by 18% and approving a $10 billion share repurchase authorization [10] - The combination of surging demand and a growing backlog for AI servers makes it an opportune time to invest in Dell stock [11]

Group 1: European Wax Center, Inc. (EWCZ) - European Wax Center is a franchisor and operator of out-of-home waxing services with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 96.8% over the last 60 days [1] - The company has a PEG ratio of 0.50 compared to the industry average of 3.50 and possesses a Growth Score of B [1] Group 2: Dell Technologies Inc. (DELL) - Dell Technologies is an information technology solutions, products, and services company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 6.1% over the last 60 days [2] - The company has a PEG ratio of 1.02 compared to the industry average of 1.32 and possesses a Growth Score of B [2] Group 3: Great Lakes Dredge & Dock Corporation (GLDD) - Great Lakes Dredge & Dock is a dredging services company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 39.1% over the last 60 days [3] - The company has a PEG ratio of 1.03 compared to the industry average of 7.34 and possesses a Growth Score of A [3]

Group 1 - The article presents a ranking of the world's wealthiest individuals, highlighting their net worth and changes over a specific period [1][3] - Elon Musk leads the list with a net worth of $405.4 billion, experiencing an increase of $1.84 billion (2.12%) [1] - Larry Ellison follows with a net worth of $274.3 billion, up by $1.25 billion (4.76%) [1] - Mark Zuckerberg's net worth is reported at $246.2 billion, showing a decrease of $19 million (-0.78%) [1] - Jeff Bezos has a net worth of $233.9 billion, with a slight decline of $4.91 million (-0.21%) [1] - The wealth of the Bernard Arnault family is noted at $151.67 billion, increasing by $1.55 billion (3.77%) [1] Group 2 - Other notable individuals include Larry Page with $147.7 billion (up $1.22 billion, 1.51%) and Warren Buffett with $143.9 billion (down $2.5 billion, -1.71%) [1] - Sergey Brin's net worth is $141.2 billion, increasing by $2.1 billion (1.48%) [1] - Steve Ballmer has a net worth of $139.8 billion, with a minor decrease of $2.14 million (-0.15%) [1] - Jensen Huang's wealth is reported at $137 billion, increasing by $3.4 billion (2.55%) [1] - Michael Dell's net worth stands at $123.2 billion, up by $1.6 billion (1.32%) [1]