Daily Brief TMT/Internet: NVIDIA Corp, CoreWeave, Tokai Carbon Korea, UiPath Inc, Credo Technology Group Holding, AppLovin , Playtech Plc, Warner Bros Discovery , Fiserv, Fusion Partners Co and more

• Inference compute is going increase by a factor of one billion. It’s already gone up at least 2x in the past twelve months
• OpenAI will become the next multi-trillion dollar hyperscaler. NVIDIA is going to make sure this happens
• AI-Related revenues have already reached $1 trillion since all hypercaler revenues are now AI related according to Jensen. Problem solved!

• In its second quarter of 2025, CoreWeave showcased significant growth amid strong demand for AI cloud services.
• The company’s revenue soared by 207% year-over-year, reaching $1.2 billion, with an adjusted operating income of $200 million.
• This marked the first instance of CoreWeave achieving both $1 billion in revenue and $200 million in operating income in a single quarter.

• CMTX is getting ready to complete its IPO in KOSDAQ in 4Q 2025. The company will offer a total of 1 million shares (new shares) in this IPO. 
• The target IPO price range is 51,000 to 60,500 won per share. The projected market capitalization after listing is 473 billion to 561.2 billion won.
• CMTX began by manufacturing ceramics and sapphire components for semiconductor etching processes and has since expanded its business to include core consumable silicon components such as silicon rings and electrodes.

• UiPath saw a near-10% spike in its share price after unveiling high-profile partnerships with OpenAI, Nvidia, and Snowflake, signaling a renewed push into AI-driven enterprise automation.
• The automation software provider announced it will integrate OpenAI’s cutting-edge GPT models, including GPT-5, into enterprise workflows.
• With Nvidia, the collaboration centers on fraud detection and healthcare solutions, while Snowflake will support UiPath’s Agentic Automation platform with its Cortex AI tools.

• Credo Technology Group is riding a wave of explosive growth, with its Q1 FY2026 results showing a 274% yearover-year revenue surge to $223 million and record non-GAAP net income of $98 million.
• This growth reflects its leadership in Active Electrical Cables (AECs) and high-speed optical DSP solutions, which power the AI infrastructure of hyperscale data centers.
• Against this backdrop, Credo has announced its plan to acquire Hyperlume, a privately held firm specializing in ultra-fast microLEDs and ultra-low power circuitry designed to address the bandwidth and energy bottlenecks of traditional interconnects.

• AppLovin’s stock has seen a meteoric rise in 2025, with shares climbing over 400% YTD to reach all-time highs.
• The catalyst?
• A powerful blend of robust advertising revenue growth in mobile gaming, aggressive expansion into the ecommerce and nongaming ad sectors, and strategic moves like the launch of its self-serve AXON Ads Manager.

Key points (machine generated)

• Playtech restructured its contract with Caliplay and sold its Italian gaming arm, Snaitech, for €2.3 billion.
• The company issued a special dividend exceeding 60% of its pre-dividend market cap and retains a 20% stake in Caliplay.
• Analysts suggest the share price undervalues Playtech’s assets as it aims to enhance B2B margins and expand its live casino business.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Warner Bros. Discovery has experienced a sharp reversal in sentiment following a meteoric rise in its share price.
• The rally, sparked by rumors of a takeover bid from Paramount Skydance, saw the stock surge 63% from September 11 to September 25, significantly outpacing the broader S&P 500’s 1% gain over the same period.
• However, concerns over the sustainability of this rally have emerged.

• Fiserv has taken another bold step to solidify its dominance in the banking technology stack by announcing the acquisition of StoneCastle Cash Management.
• The deal, signed in late September 2025, is expected to close in Q1 2026 and gives Fiserv access to a powerful platform that connects institutional deposits with over 1,000 community banks and credit unions.
• The significance of this acquisition runs deeper than a simple bolt-on; StoneCastle is already integrated into over 300 Fiserv core banking clients, creating a natural fit and reducing integration friction.

Key points (machine generated)

• Scalar (4845) is listed on the Tokyo Stock Exchange and is undergoing reforms to return to growth by June 2026.
• The company focuses on IT and emphasizes ethical values, with over 50% of sales and profits coming from its digital transformation business.
• For the fiscal year ending June 2025, Scalar reported sales revenue of 8,179 million yen, a slight decrease of 0.2% from the previous year.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only.