Industry Overview - The 5G rollout has entered a new phase in 2025, driven by enterprise deployments and next-generation technologies like private wireless, IoT, and edge computing [1] - The U.S. 5G market is highly saturated, with major telecom providers covering over 300 million people [1] - North America has the highest 5G adoption rates, while South East Asia and Oceania are emerging markets for 5G, with subscriptions projected to reach around 680 million by 2031 [2] Market Dynamics - The 5G infrastructure market is expected to grow at a 13.1% compound annual growth rate (CAGR) from 2026 to 2033, while the 5G services market is projected to grow at a 62.2% CAGR from 2025 to 2030 [4] - Digital transformation across industries is driving demand for 5G, as organizations seek automation and secure connectivity for remote and hybrid work models [5] - The rise in high data-intensive applications, such as streaming services and multiplayer gaming, is increasing data traffic and pressuring existing telecom infrastructure [7][8] Company Highlights - Ericsson is a leading provider of communication networks and has secured a historic five-year contract with AT&T worth $14 billion to accelerate the deployment of an open and interoperable Radio Access Network [10][11] - Nokia has made significant progress in its 5G portfolio and has secured multiple customer wins, including partnerships with Vodafone Three and Bharati Airtel [14][16] - CommScope is focused on providing infrastructure solutions that support the convergence of wireline and wireless networks, essential for 5G technology [18][19] Financial Performance - Ericsson's stock has gained 19.4% over the past year, with earnings estimates improving to 5.63% for 2025 [12] - Nokia's stock has increased by 46.1% over the past year, with earnings estimates improving to 6.67% for 2025 [17] - CommScope's stock has surged by 232.5% over the past year, with earnings estimates improving to 27.91% for 2025 [20]

Core Viewpoint - Nokia's recent partnership with Nvidia is expected to enhance its stock performance by 2026, marking a potential turning point for the company after years of struggle in the tech industry [2][12]. Group 1: Partnership Details - Nokia has transitioned into a telecom equipment manufacturer and has formed various partnerships, including a recent collaboration with Nvidia aimed at developing AI-ready networking infrastructure [4][5]. - The agreement will integrate Nokia's 5G and upcoming 6G solutions with Nvidia's technology, facilitating the development of new AI-related services and optimizing cloud-based solutions [6][13]. Group 2: Financial Performance - Nokia's revenue for the first nine months of 2025 was 13.7 billion euros ($16.0 billion), reflecting a modest 4% increase, with Q3 revenue rising 12% year-over-year due to strong growth in AI and cloud-driven sectors [10]. - Despite a decline in net income to 116 million euros ($136 million) from 471 million euros in the previous year, the forward P/E ratio of 21 suggests potential profit growth and a favorable valuation [11]. Group 3: Market Reaction - Following the announcement of the Nvidia partnership, Nokia's stock initially surged but experienced a "sell the news" phenomenon, leading to a slight decline in stock price [8]. - The stock has increased by nearly 42% year-to-date, indicating a growing bullish sentiment among investors [8].

Core Insights - Super Micro Computer Inc. (NASDAQ:SMCI) has introduced new liquid-cooled NVIDIA HGX B300 systems, enhancing its NVIDIA Blackwell Portfolio to meet the growing demand for AI infrastructure in hyperscale data centers [1][2] - The new systems are designed to improve power efficiency and GPU density, allowing data centers to save up to 40% on power and reduce water usage by operating with warm 45°C water [2][3] - The company aims to provide fully tested, ready-to-use racks that enable faster deployment for enterprise, federal, and hyperscaler customers [2] Group 1 - Super Micro has developed platforms targeting customer needs for higher efficiency, lower costs, and improved serviceability [2] - The new liquid-cooled systems can achieve up to 144 GPUs in a single rack, significantly enhancing performance density while lowering power consumption and cooling costs [3] - The company serves various markets including artificial intelligence, edge computing, 5G, enterprise data centers, and cloud computing [3] Group 2 - Charles Liang, the president and CEO, emphasized the importance of these new systems in enabling customers to deploy AI at scale with faster time-to-market and maximum performance per watt [3] - The introduction of these systems aligns with the broader trend of increasing investment in AI infrastructure, with a notable US $92 billion investment in the sector [2]

Market Overview - Discusses the Fed's 25 bps (0.25%) rate cut and small caps [1] - Presents a trade idea for an AI infrastructure company [1] - Reviews a previous trade involving an American multinational tech company [1] Educational Resources - Recommends reading "Characteristics and Risks of Standardized Options" [1] - Directs users to "In the Money" for more information on options [1] - Invites users to join Friday's at 1:30 pm ET for weekly trade ideas [1] - Encourages users to sign up for more tips and insights [1] Social Media Engagement - Promotes Fidelity's presence on various social media platforms including YouTube, Reddit, Instagram, TikTok, Facebook, LinkedIn, Discord, and X (formerly Twitter) [1] Risk Disclosure - Highlights that options trading entails significant risk and is not appropriate for all investors, with certain complex strategies carrying additional risk [1]

Filed with the U.S. Securities and Exchange Commission on December 12, 2025. Registration No. 333-291048 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No.1 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GIGABIT INC. (Exact Name of Registrant as Specified in its Charter) Cayman Islands 7370 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificati ...

Core Insights - The current trend in AI spending is heavily focused on data centers, with over $3 trillion announced for data center investments, indicating a significant market opportunity for companies involved in this sector [1] - There is a potential shift from data center-centric computing to edge computing, which presents new opportunities for companies like Cirrus to engage more effectively in this evolving landscape [1][2] Group 1 - The AI spending trend is primarily data center-focused, with substantial investments being made in areas such as retimers, cabling, and memory [1] - Companies that are data center-centric are currently leading the charge in addressing the demands of this trend [1] Group 2 - The long-term vision includes a transition towards edge computing, which could allow companies to capitalize on new market dynamics [2] - Cirrus is positioned to potentially intersect with this trend as the industry evolves away from traditional data center models [2]

Core Viewpoint - Pioneer Power Solutions, Inc. has launched PRYMUS, a mobile power delivery platform designed to meet the growing demand for distributed energy resources, particularly for data centers and AI applications [1][4]. Group 1: PRYMUS Overview - PRYMUS delivers scalable energy blocks ranging from 1 MW to 10 MW, with a deployment timeline of approximately six months, significantly faster than the typical two to three years for utility-grade power [2][8]. - The platform is engineered to support the power needs of modular data centers and AI workloads, which require stable power delivery and rapid response to load variability [2][3]. Group 2: Market Demand - Global power demand for data centers is expected to rise by up to 165% by 2030, creating pressure on traditional utility timelines [4]. - The Modular Data Center (MDC) market is projected to grow at a Compound Annual Growth Rate (CAGR) of over 17%, potentially exceeding $164 billion by 2035 [4]. Group 3: Hybrid Power Architecture - PRYMUS integrates mobile prime generators with various fuel options, including natural gas and renewable diesel, along with Mobile Battery Energy Storage Systems (mBESS) to manage power spikes from AI workloads [5][9]. - The system is designed for resilience and can be reconfigured into permanent microgrids or standby power blocs once utility power is established [6][9]. Group 4: Company Strategy and Future Outlook - The company aims to provide adaptable energy resiliency, addressing the gap between supply and demand for electrical power, and plans to contribute to its top-line revenue starting in 2026 [7][10]. - Pioneer is collaborating with leading companies in modular data centers and commercial EV charging, leveraging its expertise in distributed power and microgrid solutions [7][10].

Core Insights - Veritone's shares have increased nearly 26% week-to-date due to a new strategic partnership and an analyst's price target increase [1] Company Developments - Veritone announced a partnership with edge computing specialist Armada to provide next-generation data offerings to corporate clients [2] - The collaboration aims to deliver the industry's first fully integrated edge-to-enterprise data fabric, capable of processing high-volume audio, video, drone, and sensor streams in real-time, even in disconnected environments [3] - The solutions from Veritone and Armada will cover the entire lifecycle of mission-critical data, appealing to a wide range of public and private organizations [3] Financial Insights - No financial details regarding the Armada partnership were disclosed, nor were there estimates on its potential impact on Veritone's fundamentals [4] - Veritone's current market capitalization is $1 billion, with shares trading between $1.22 and $9.42 over the past 52 weeks [5] - Needham analyst Joshua Reilly has a buy rating on Veritone with a price target of $10 per share, highlighting the company's differentiation through data tokenization and potential success in licensing data to hyperscalers [5]

Core Thesis - Qualcomm has emerged as a multi-dimensional tech powerhouse, driving growth across mobile phones, automotive, and IoT segments while positioning itself as a central player in the AI revolution [2][5] Mobile Division - The mobile division reported a 7% year-on-year growth, benefiting from an AI-driven replacement cycle, with on-device AI enabling applications like ChatGPT and real-time translation [2] - The Snapdragon 8 Gen 5 chip is crucial for this transformation, securing growth among Android brands despite potential competition from Apple [2] Automotive Segment - Qualcomm's automotive segment generated $984 million in revenue, marking a 21% increase, with the Snapdragon Digital Chassis supporting various automotive technologies [3] - Long-term "Design Win" contracts in the automotive sector promise multi-year revenue streams [3] IoT Business - The IoT business saw a 24% increase in revenue, reaching $1.68 billion, driven by industrial sensors, smart home processors, and AI PCs [3] - Partnerships with Microsoft and major OEMs are challenging incumbents like Intel and AMD, enabling low-power, AI-enhanced Windows devices [3] Financial Performance - Qualcomm reported Q4 revenue of $11.27 billion and non-GAAP EPS of $3.00, exceeding expectations [4] - Projections for Q1 FY26 include revenue of $12.2 billion and EPS of $3.40, indicating continued momentum [4] - Valuation metrics suggest significant upside potential, with a forward P/E of 12.6x compared to a fair value range of $207–$276 and DCF estimates of $195–$220 per share [4] Strategic Positioning - Qualcomm is evolving from a mobile chip supplier to a cornerstone of AI infrastructure, driving the edge computing revolution [5] - The company offers a compelling long-term investment opportunity with multiple catalysts and robust free cash flow [5]

Core Viewpoint - ADTRAN Holdings reported mixed Q3 2025 results, with revenues exceeding estimates but net income falling short, highlighting strong demand yet facing macroeconomic challenges [2][3]. Financial Performance - The company recorded a net loss of $10.3 million or 12 cents per share, an improvement from a net loss of $33.3 million or 38 cents per share in the same quarter last year, attributed to revenue growth [3]. - Non-GAAP earnings were $3.7 million or 5 cents per share, compared to a net loss of $5.3 million or 7 cents per share a year ago, missing the Zacks Consensus Estimate by one cent [4]. - Total revenues increased to $279.4 million from $227.7 million year-over-year, driven by operational execution and demand for advanced solutions in cloud, AI, and edge computing, surpassing the consensus estimate of $275 million [5]. Revenue Breakdown - Network Solutions generated $232.5 million in revenues, up from $181.5 million in the prior-year quarter, while Services and Support revenues were $46.9 million, slightly up from $46.2 million [6]. Profitability Metrics - Non-GAAP gross margin improved to 42.1% from 41.1% year-over-year, and non-GAAP operating income surged to $15.1 million from $0.5 million, reflecting respective margins of 5.4% and 0.2% [7]. Cash Flow and Liquidity - In the first nine months of 2025, ADTRAN generated $87.5 million in cash from operating activities, down from $101.1 million in the prior-year period. As of September 30, 2025, the company had $93.7 million in cash and cash equivalents against $25.9 million in non-current lease obligations [8]. Future Outlook - For Q4 2025, ADTRAN anticipates revenues between $275 million and $285 million, with a non-GAAP operating margin expected to range from 3.5% to 7.5% [9]. Market Position - ADTRAN Holdings holds a Zacks Rank 3 (Hold), indicating an expectation of an in-line return from the stock in the coming months [12]. - The company is part of the Zacks Communication - Components industry, where competitor Viav Solutions reported a revenue increase of 25.6% year-over-year, indicating a positive trend within the sector [13].