CoreWeave, an AI infrastructure provider, went public in March 2025. Originally a crypto mining firm, it shifted its main focus to cloud computing in 2022. The company's CoreWeave Cloud Platform, launched in 2020, has grown rapidly at a pace with AI demand. The company was an early customer for Nvidia's AI solutions and maintains a strong partnership with Nvidia. As of the end of 2024, CoreWeave operated 32 data centers with over 250,000 GPUs. Recently, CoreWeave in June 20205 announced its intention to acquire Core Scientific for $9 billion. Core Scientific stockholders vetoed the transaction.

CoreWeave, an AI infrastructure provider, went public in March 2025. Originally a crypto mining firm, it shifted its main focus to cloud computing in 2022. The company's CoreWeave Cloud Platform, launched in 2020, has grown rapidly at a pace with AI demand. The company was an early customer for Nvidia's AI solutions and maintains a strong partnership with Nvidia. As of the end of 2024, CoreWeave operated 32 data centers with over 250,000 GPUs. Recently, CoreWeave in June 20205 announced its intention to acquire Core Scientific for $9 billion. The transaction is expected to close in the fourth quarter of 2025.

The Argus coverage list is growing, with exciting new companies being added. We are selective, choosing companies that we believe demonstrate growth, innovation, and strong investment potential. As such, most new stocks are rated BUY, but occasionally there is a HOLD-rated new company if we see potential. The Argus Research Fundamental Universe of Coverage includes over 500 leading U.S. and international companies. We cover the waterfront -- from Technology to Utilities from Energy to Healthcare. Generally, we follow the top 200 most widely held stocks, a list we source from our sister company Vickers Stock Research, which collects institutional ownership data from the U.S. Securities and Exchange Commission. From there, we look to identify the next 200-300 emerging U.S. and international companies to fill out our list. Our Universe of Coverage is dynamic and growing. We are continually adding stocks and often get great ideas from our clients (use https://www.argusresearch.com/ContactUs.aspx if you'd like to send us your ideas). Here are some of the additions we have made so far in 2025.

Arm Holdings is the IP owner and developer of the ARM architecture (ARM stands for Acorn RISC Machine), which is used in 99% of the world’s smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allows them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Off-the-shelf and architectural customers pay a royalty fee per chip shipped.