KLA Expects Exit From FPD Systems Market To Have An Immaterially Favorable Impact On Profitability Margins Over The Longer Term。
Microsoft: Announces Collaboration With NVIDIA to Accelerate Healthcare and Life Sciences Innovation With Advanced Cloud, AI and Accelerated Computing Capabilities。
Nvidia: Among the First to Access the New NVIDIA Generative AI Microservices Available in NVIDIA AI Enterprise 5.0 Are Adobe, Cadence, CrowdStrike, Getty Images, SAP, ServiceNow, and Shutterstock
Nvidia: Among the First to Access the New NVIDIA Generative AI Microservices Read Post »
Cantor Fitzgerald analyst C J Muse maintains Micron Technology with a Overweight and raises the price target from $100 to $120.
Cantor Fitzgerald analyst C J Muse maintains Micron Technology with a Overweight Read Post »
HSBC analyst Frank Lee maintains NVIDIA (NASDAQ:NVDA) with a Buy and raises the price target from $880 to $1050.
HSBC analyst Frank Lee maintains NVIDIA (NASDAQ:NVDA) with a Buy Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: According to an unconfirmed Bloomberg report, Apple (AAPL 173 ****) and GOOGL are in talks that would allow AAPL to license GOOGL’s Gemini large-language model to power new features coming to iOS 18, with a focus for on-device capabilities. While we don’t expect to hear confirmation about any deal until AAPL’s WWDC in June (AAPL is also believed to be having conversations with OpenAI), we do think that GOOGL is best positioned to win any external deal for AI on AAPL’s devices given the strong search partnership the two already have. GOOGL has already demonstrated new AI capabilities with its Samsung relationship, with popular features on those phones including language translation, support of multimodal inputs for search, ability to modify/alter photos, turn videos to slow motion, and
CFRA Maintains Buy Recommendation On Shares Of Alphabet Inc. Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: According to an unconfirmed Bloomberg report, AAPL and Alphabet (GOOGL 141 ****) are in talks that would allow AAPL to license GOOGL’s Gemini large-language model to power features coming to iOS 18. Still, confirmation about any deal unlikely before AAPL’s WWDC in June, but we think GOOGL is likely best positioned to win any external deal for AI on AAPL’s devices given the strong search partnership the two already have. Important, we think a major reason for AAPL’s stock underperformance this year has to do with the unknown from the pending DoJ case (along with its lack of AI tilt to other big tech firms), but if the talks bring about a deal then it could help offset potential losses that could result from regulatory pressure facing
CFRA Maintains Buy Recommendation On Shares Of Apple Inc. Read Post »
Piper Sandler analyst Brent Bracelin maintains Adobe with a Overweight and lowers the price target from $705 to $700.
Piper Sandler analyst Brent Bracelin maintains Adobe with a Overweight Read Post »
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We reduce our 12-month target to $630 from $700, on P/E of 30x our CY 25 EPS view, below historical. We keep our FY 24 (Nov.) EPS estimate at $18.00 and FY 25 at $20.74. ADBE posts Feb-Q EPS of $4.48 vs. $3.80, beating the $4.38 consensus. Sales rose 11% on growth in Creative Cloud (+11%), Document Cloud (+18%), and Digital Experience (+10%). We like accelerating RPO growth (+16%), a newly announced buyback of $25B (10% of market cap), and net new Creative ARR growth of 20% (ex. impact of prior pricing increases that will roll off). Despite below consensus guide, we see potential for ARR growth to accelerate in the next nine months as ADBE looks to monetize new AI offerings (e.g., AI Assistant in Acrobat/Reader).
CFRA Reiterates Buy Rating On Shares Of Adobe, Inc. Read Post »
Citigroup analyst Christopher Danely maintains Micron Technology with a Buy and raises the price target from $95 to $150.
Citigroup analyst Christopher Danely maintains Micron Technology with a Buy Read Post »
Oppenheimer analyst Brian Schwartz maintains Adobe (NASDAQ:ADBE) with a Outperform and maintains $660 price target.
Oppenheimer analyst Brian Schwartz maintains Adobe (NASDAQ:ADBE) with a Outperform Read Post »
By Tae Kim Nvidia’s progress in the enterprise AI space is just beginning and the opportunity there will drive growth, says Baird. On Friday, analyst Tristan Gerra reiterated his Outperform rating and $1,050 price target on Nvidia, citing optimism over the company’s full range of AI products for corporations. He expects Nvidia to discuss its AI offerings for enterprises next week at the company’s GTC developers’ conference. “Enterprise solutions will likely represent a strong theme at GTC,” he wrote. “AI adoption at enterprise is at a very early cycle, boding well for the sustainability of the AI ramp, with no competition so far.” In Friday’s trading, Nvidia stock was down 0.9% to $871.26. Nvidia is also beginning to release chips at a faster pace. In October, management indicated that the company has moved from a two-year product cycle to a one-year cadence for its AI data-center portfolio. An updated investor
Nvidia’s AI Enterprise Products Will Boost Demand for Chips, Says Analyst — Barrons.com Read Post »