Qualcomm says it will build custom data center CPUs that link with Nvidia chips
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Goldman Sachs Previews Apple (AAPL) WDC 2025: 'we believe AAPL will need to demonstrate further success with Apple Intelligence'
May 21, 2025 2:59 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Bottom line: Apple's WWDC 2025 Keynote will take place on June 9 at 1pm ET (10am PT). We expect AAPL to demonstrate continued progress toward incorporating AI into its operating systems through developer access to its AI models for app development (building on year-ago's availability of... More
Goldman on Apple (AAPL) and Fortnite Entanglement: 'Following our review of the new app's external payment flow, we came away less concerned about the potential impact from these changes'
May 21, 2025 2:30 PM EDTGoldman Sachs analyst Michael Ng reiterated a Buy rating and $253.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Bottom line: Fortnite has returned to the App Store following a court order, after a nearly 5 year-ban. The Fortnite app includes options for external payments, bypassing Apple's In-App Payments and platform fees. Following... More
Citi Reiterates Neutral Rating on AMD (AMD) Following ZT Systems Divestiture
May 20, 2025 4:48 AM EDTCiti analyst Christopher Danely reiterated a Neutral rating and $100.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Yesterday, AMD announced it will divest the manufacturing business of ZT Systems to Sanmina for $3.0 billion. Last August, AMD announced it would acquire ZT... More
Stifel Reiterates Buy Rating on AMD (AMD) Following Acquisition of Manufacturing Business
May 19, 2025 2:44 PM EDTStifel analyst Ruben Roy reiterated a Buy rating and $132.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Key Takeaway: In our view, AMDs sale of ZT Systems manufacturing base to SANM aligns with the formers stated goal of technological... More
Morgan Stanley Reiterates Overweight Rating on NVIDIA (NVDA)
May 19, 2025 9:44 AM EDTMorgan Stanley analyst Joseph Moore reiterated an Overweight rating and $160.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "What did we learn: Nvidia made a handful of announcements during the key note. The most interesting of which was NVlink Fusion, a new variant of Nvidia's interconnect technology that extends the capabilities for use with a broader ecosystem including custom ASICs and non-Nvidia CPUs (Qualcomm and Fujitsu highlighted). We frankly need to spend more time to understand this strategy and the impact to the ecosystem, as clearly it... More
