Key Takeaways T fell 5.1% in three months, lagging the S&P 500 and peers like Verizon and Comcast. AT&T is affected by rising customer retention costs amid intensifying competition in the wireless market.T is expanding 5G, edge computing and satellite links, adding EchoStar spectrum and working with ASTS.AT&T, Inc. (T) has declined 5.1% over the past three months compared to the Wireless National industry’s decrease of 7%. The stock has underperformed compared to the Zacks Computer & Technology sector and t ...

CHONGQING, CHINA - JULY 31: In this photo illustration, a person holds a smartphone displaying the logo of Super Micro Computer Inc. (NASDAQ: SMCI) (Photo illustration by Cheng Xin/Getty Images)Getty ImagesSuper Micro Computer (SMCI) stock reached the fifth day of a streak characterized by losses, accumulating a total return of -11% during this timeframe. The company has seen a decline of approximately $3.6 billion in value over the past five days, resulting in a current market capitalization of about $19 b ...

Core Insights - AT&T, Inc. has one of the largest 5G network infrastructures in the U.S., connecting over 310 million people across 26,100 cities and towns [1][8] - The company is transitioning its 5G mobile network to Microsoft's cloud to enhance productivity and service delivery [2][8] - The U.S. 5G services market is projected to grow at a compound annual growth rate of 51.1% from 2025 to 2030, driven by high-bandwidth applications [3] 5G Network Infrastructure - AT&T's 5G policy framework includes mobile 5G, fixed wireless, and edge computing, utilizing millimeter wave spectrum in urban areas and mid/low-band spectrum in suburban and rural areas [1] - Recently, AT&T deployed mid-band spectrum from EchoStar at 23,000 cell sites, improving download speeds by 80% for mobility and 55% for Internet Air users [4][8] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the 5G market, with T-Mobile covering 98% of Americans and focusing on rural areas with faster speeds [5] - Verizon is enhancing its 5G infrastructure with a focus on massive spectrum holdings and small cell deployment for improved customer experience [6] Financial Performance - AT&T's stock has increased by 7.6% over the past year, contrasting with a 6% decline in the industry [7] - Earnings estimates for 2025 and 2026 have risen by 0.5% to $2.06 and 0.4% to $2.26, respectively, over the past 60 days [9] Valuation Metrics - AT&T trades at a forward price-to-earnings ratio of 10.95, which is below the industry average of 11.62 [11]

Valued at a market cap of $12.4 billion, Akamai Technologies, Inc. (AKAM) is a prominent provider of cloud computing, cybersecurity, and content delivery network services. Headquartered in Cambridge, Massachusetts, the company operates a globally distributed edge platform that helps enterprises deliver faster, more secure, and more reliable digital experiences to users worldwide. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and AKAM fits the label perfectly, wit ...

Core Insights - Cloudflare experienced a significant outage affecting major websites, attributed to a misconfigured threat traffic file, leading to a 3% decline in stock value during trading hours [1] - The company reported strong financial results for Q3 2025, with revenue of $562 million, a 31% year-over-year increase, and a non-GAAP operating income margin of 15.3% [6] Company Overview - Cloudflare is a leading provider of internet security, edge computing, and network infrastructure, serving approximately 20% of global internet infrastructure [2] - The company is headquartered in San Francisco and offers products such as DDoS protection, zero-trust security solutions, and AI-optimized edge delivery [2] Stock Performance - Over the past 52 weeks, Cloudflare's stock price ranged from $89.42 to $260, currently trading around $197, with a recent decline of 16% over the last five trading days [3] - The stock has a positive weighted alpha of +74.46, indicating strong performance relative to the market [3] Valuation Metrics - Cloudflare's stock is considered highly valuable compared to peers, with a price/sales ratio of 44.18 and a price/CF ratio exceeding 450x, reflecting its high valuation in the software industry [4] - The company does not pay dividends, which is typical for high-growth firms [5]

Core Insights - CJET is expanding its strategic focus into edge intelligence by aligning with EdgeAI, marking a significant step in integrating AI with real-world infrastructure across its automotive and industrial sectors [2][5] - The initiative aims to enhance smart mobility and intelligent manufacturing by leveraging edge computing and on-device intelligence, which will transform the operation and communication of vehicles, sensors, and industrial systems [3][4] Group 1 - The collaboration with EdgeAI emphasizes CJET's commitment to advancing intelligent infrastructure and next-generation mobility systems by merging manufacturing expertise with emerging AI technologies [5] - Edge intelligence is viewed as the next evolution of automation, shifting the focus from centralized AI to distributed intelligence that operates directly within vehicles, factories, and infrastructure [4] - EdgeAI's decentralized intelligence layer allows AI models to learn and infer at the edge, improving local data processing, reducing latency, and enhancing data security [4][7] Group 2 - CJET is a global automotive technology enterprise focused on smart mobility, intelligent manufacturing, and clean-energy innovation, integrating vehicle production with advanced computing and automation technologies [6] - EdgeAI specializes in building a decentralized intelligence layer that enables AI to operate and learn where data is generated, utilizing edge computing and real-time inference [7]

Core Insights - Super Micro Computer (SMCI) stock is currently trading within a support zone of $45.52 to $50.32, where it has historically rebounded, achieving an average peak return of 58.9% over the past decade [2][6] Financial Performance - Revenue Growth: SMCI reported a revenue growth of 46.6% for the last twelve months (LTM) and an average growth of 64.7% over the past three years [6] - Cash Generation: The company has a free cash flow margin of nearly 7.0% and an operating margin of 5.7% LTM [6] - Recent Revenue Shocks: The lowest annual revenue growth for SMCI in the past three years was 37.1% [6] - Valuation: SMCI stock has a price-to-earnings (PE) multiple of 27.3, indicating a higher valuation compared to the S&P [6] Market Context - SMCI has experienced significant declines during market downturns, including a 66% drop during the Global Financial Crisis, nearly 60% in the 2018 correction, and about 46% during the Covid pandemic [7] - The stock also faced a 34% decline due to recent inflation shocks, highlighting its vulnerability despite strong fundamentals [7] Investment Strategy - A diversified investment approach is recommended, as it can provide potential upside with reduced volatility compared to holding individual stocks [4] - The Trefis High Quality (HQ) Portfolio, which includes 30 stocks, has consistently outperformed its benchmark indices, achieving over 105% returns since inception [4][9]

Core Insights - M-tron Industries, Inc. has secured a significant production contract from a leading U.S. Department of Defense prime contractor for a new multi-domain data link system, aimed at improving intelligence sharing and operational efficiency for military operations [1][2]. Group 1: Contract Details - The contract encompasses several high-performance radio frequency components, specifically rugged lumped element filters designed for durability and precision in critical mission environments [2][3]. - The production under this contract is expected to last for at least a decade, indicating a long-term commitment to supporting defense programs [2][4]. Group 2: Technological Impact - This contract represents a step forward in the adoption of edge computing technology, which transforms Big Data into actionable intelligence at the source, thereby enhancing situational awareness and accelerating decision-making in the field [4]. - The work will be conducted at Mtron's manufacturing facility in Orlando, Florida, with production anticipated to continue at least through 2036 [4]. Group 3: Company Background - M-tron Industries, Inc. specializes in designing, manufacturing, and marketing high-reliability frequency and spectrum control products, providing comprehensive support throughout the product lifecycle [5]. - The company operates design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, along with a sales office in Hong Kong and a manufacturing facility in Noida, India [5].

Core Insights - Hyperscaler partnerships are crucial for Credo Technology Group Holding Ltd.'s rapid growth, enabling market share expansion through the adoption of active electrical cables (AEC) and optical solutions for next-gen AI data centers [1][2] - The demand for AI-driven data center infrastructure has led to a significant revenue increase for Credo, with a 274% year-over-year growth in Q1 of fiscal 2026 [2][8] - Management anticipates that all major hyperscalers will adopt AECs due to their higher reliability, lower power consumption, and reduced system costs compared to optical solutions [3][8] Company Performance - Credo's revenue growth is driven by contributions from multiple hyperscalers, with three hyperscalers each accounting for over 10% of total revenues in the recent quarter [2][8] - The company expects further diversification as additional hyperscalers ramp up their contributions in the coming quarters [2] - Credo's shares have increased by 144.6% year-to-date, outperforming the Electronics-Semiconductors industry's growth of 36.2% [10] Market Position and Competition - The electronics semiconductor market is competitive, dominated by established players like Marvell Technology and emerging companies like Astera Labs [4] - Marvell is well-positioned to capture a larger share of the market due to its strong demand environment and multigenerational custom engagements with hyperscalers [5][6] - Astera Labs is focusing on advanced AI infrastructure and sees significant growth potential in purpose-built solutions for hyperscalers [7][9] Financial Estimates - The Zacks Consensus Estimate for Credo's earnings for fiscal 2026 has been revised upward significantly over the past 60 days, indicating positive market sentiment [12] - Current earnings estimates for Q1 and Q2 of fiscal 2026 are $0.48 and $0.49 respectively, with significant upward revisions noted [13]

Core Insights - GlobalFoundries has completed the acquisition of MIPS, enhancing its position in the semiconductor industry and capabilities in AI and edge computing [1][2] - The merger combines decades of expertise in semiconductor manufacturing and processor IP innovation, allowing GF to provide more differentiated solutions for energy-efficient, high-performance computing [2] Company Overview - GlobalFoundries is a leading manufacturer of essential semiconductors, focusing on high-performance products for various high-growth markets including automotive, smart mobile devices, and IoT [3] - The company operates globally with a manufacturing footprint across the U.S., Europe, and Asia, emphasizing security, longevity, and sustainability in its operations [3] Operational Structure - MIPS will continue to operate as a standalone business within GlobalFoundries, maintaining its licensing model and serving a diverse customer base across multiple technology sectors [2]