JPMorgan analysts revealed in a recent note that Broadcom has secured the design contract for Google’s upcoming TPU v7 artificial intelligence chip. This partnership marks the seventh generation of AI chips that Broadcom has collaborated on with Google, showcasing their long-standing relationship in this sector. The analysts mentioned that Broadcom’s success with Google reflects a … Read more
Broadcom has secured the contract to design Google’s upcoming AI ASIC chip, according to a report from JPMorgan, as reported by Investing.com India. This partnership signifies a significant step forward in the development of advanced artificial intelligence technologies. The exclusive nature of the agreement highlights Broadcom’s expertise in the field of chip design and its … Read more
JPMorgan has increased its price target for Nutanix stock, attributing the change to the company’s strong demand environment. The financial institution sees potential for growth in the stock due to high demand for Nutanix’s products and services. This positive outlook has led JPMorgan to raise its price target for Nutanix shares. In a recent report, … Read more
Nutanix, a technology company listed on the NASDAQ under the symbol NTNX, had its price target raised by JPMorgan Chase & Co. analysts from $70.00 to $80.00. The company’s stock was given an “overweight” rating. Other research analysts also published reports on Nutanix, with Barclays, Susquehanna, Raymond James, Royal Bank of Canada, and Bank of … Read more
JPMorgan has reiterated its positive rating on Nutanix (NASDAQ: NTNX) and increased its price target to $80 from $70. The analyst highlighted strong fundamentals, solid demand, and achievable expectations for the company’s fiscal third quarter as reasons for the optimistic outlook. The demand for Nutanix’s products remains strong among existing customers as well as through … Read more
NVIDIA Stock (NVDA) Surges After Strong Earnings Report After NVIDIA’s long-awaited first-quarter earnings report, concerns about the semiconductor giant quickly dissipated as the company exceeded expectations. The tech giant reported adjusted earnings per share of $6.12, beating the consensus target of $5.59, and generated sales of $26.04 billion, surpassing the expected $24.65 billion. Management also … Read more
The Dow Jones Industrial Average is experiencing a drop in value on Monday afternoon, with JPMorgan Chase and Cisco seeing declines in their share prices. This has led to the Dow trading 105 points lower, or 0.3% down. JPMorgan Chase shares have fallen by $5.82, or 2.8%. Cisco’s stock prices also contributed to the overall … Read more
The Dow Jones Industrial Average is experiencing a downturn as shares of JPMorgan Chase and Cisco are seeing a decrease in value on Monday afternoon. The index was trading 211 points lower at a 0.5% decrease, with JPMorgan Chase and Cisco stocks playing a role in pushing the blue-chip gauge into negative territory. JPMorgan Chase … Read more