5 big analyst AI moves: Intel, SMCI hit by downgrades; Micron still top semis pick
New Street ups Nvidia to Buy, says recent pullback presents opportunity to add exposure) to a Buy rating with a target price of $120 this week. The move comes following a significant decline in the chipmaker’s stock since its June peak, leading Nvidia to underperform other semiconductor stocks linked to data center AI.
To address this delay, Nvidia might extend the lifecycle of its Hopper chip, which uses the more mature CoWoS-S packaging and can be produced more efficiently. Also, Nvidia could introduce a simplified version of the Blackwell chip with a single die, New Street explains. The decision to cut dividends has further weighed on investor sentiment toward the stock, analysts pointed out.Although Q4 revenue met both the firm's and street estimates, the gross margin of 11.3% fell significantly short of the anticipated 13.6%.The data center company's revenue guidance for the first quarter of fiscal 2025 exceeded expectations, and its full fiscal 2025 revenue projection of $28 billion topped the consensus estimate of $23.8 billion.
This collaboration will leverage Palantir's AI-powered platforms within Microsoft's government and classified clouds, enabling secure cloud, AI, and analytics capabilities. “We believe this will be a launching pad for the PLTR AIP story to hit the DOD and broader Beltway ecosystem over the next 12 to 18 months,” they added.Semiconductor stocks have seen a sharp decline recently, driven by macroeconomic challenges and disappointing earnings that fell short of high expectations. The downturn has been linked to slower-than-anticipated replenishment of analog inventories and potential risks from the automotive sector, which accounts for 14% of semiconductor demand.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 big analyst AI moves: Tesla and SMCI stocks downgraded5 big analyst AI moves: Tesla and SMCI stocks downgraded
Read more »
SMCI earnings: Here's how analysts reactedSMCI earnings: Here's how analysts reacted
Read more »
Super Micro Computer Stock Forecast: SMCI crashes 16%, but sales could double this fiscal yearSuper Micro Computer (SMCI), the best-performing S&P 500 stock in the first half of the year, has tumbled some 16% on Wednesday following a worse than expected fiscal fourth-quarter result.
Read more »
Here are Wednesday's biggest analyst calls: Rivian, Nvidia, Apple, Micron, Microsoft, Sweetgreen, Tesla, Netflix & moreHere are Wednesday's biggest calls on Wall Street.
Read more »
Here are Tuesday's biggest analyst calls: Nvidia, Apple, Micron, Amazon, Apollo Global & moreHere are Tuesday's biggest calls on Wall Street.
Read more »
OpenDrives Atlas 2.8, 24G+ SAS Release And Micron AI SSDI am the President of Coughlin Associates and a storage analyst and consultant. I have over 40 years in the data storage industry with multiple engineering and management positions. I have many publications and six patents to my credit.
Read more »