TMT Specialist Sales Daily Wrap

This report covers key TMT sector developments, highlighting Anthropic's Fable 5 model launch, a significant upward revision to AI server revenue forecasts, and ongoing geopolitical concerns impacting the semiconductor supply chain.

Key Takeaways

• 1.Anthropic's Fable 5 model demonstrates strong performance in complex reasoning and agentic tasks, though it faces trade-offs in inference cost and speed.
• 2.Server market outlook is structurally stronger, with AI-driven server revenues projected to reach $1.24 trillion by 2030.
• 3.Payments industry sees incremental positivity from the Visa/Mastercard merchant litigation settlement, though it is expected to have limited practical impact on network economics.

Table of Contents

• TODAY'S WRAP
• TECH
• TELCOS
• MEDIA & INTERNET
• MACRO AND TRADING
• 2026 EMEA Conferences
• 2026 Conferences