In a recent report, Jefferies analyst Brent Thill maintained a Buy rating and a price target of $150 for Oracle (ORCL) following news from The Information that Elon Musk’s xAI and Oracle had ceased discussions regarding a potential $10 billion AI server deal. Despite this development, Thill confirmed that the deal was not included in … Read more
Intel has recently announced the discontinuation of its Core i9-12900KS and 10th-gen Core processors, signaling the gradual end of the 14nm era. This decision comes as part of Intel’s ongoing effort to shift towards more advanced technology nodes in its processor lineup. The Core i9-12900KS was launched by Intel as a high-performance desktop processor targeted … Read more
Nvidia recently held its annual shareholder meeting, lasting 30 minutes with minimal impact on the stock price, which fell 2.2% to $123.36 following a 6.8% rally. Shareholders approved director nominees, executive compensation, and the auditor. CEO Jensen Huang discussed quantum computing plans and semiconductor manufacturing issues. Despite Nvidia’s dominance in the AI market, analysts note … Read more
Juniper Networks, a prominent technology company, is set to be acquired by Hewlett Packard Enterprises in a deal worth $14 billion. This acquisition is expected to result in Juniper Networks ceasing to exist as an independent entity. Juniper Networks, known for its innovative networking solutions, is now poised to become part of the larger Hewlett … Read more