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Rapidus and IBM strengthen partnership in chiplet packaging technology – TipRanks.com

June 7, 2024 by vm_admin

IBM and Fast have recently announced a partnership to jointly develop cutting-edge chiplet packages. This collaboration aims to establish mass production technologies for high-performance semiconductors, with Rapidus benefiting from IBM’s advanced packaging technology. The two companies will work together to drive innovation in this area. The agreement is part of a larger international project led … Read more

Intel Stock (NASDAQ:INTC): Despite Market Apathy, The Game is Afoot – TipRanks.com

June 7, 2024 by vm_admin

The battle for dominance in the artificial intelligence (AI) chip market is still ongoing, with Intel striving to compete with Nvidia and other competitors. Despite falling out of favor with AI chip manufacturers, Intel remains optimistic about its future prospects. The company is focusing on building a foundry business to create chips from scratch and … Read more

Intel (NASDAQ:INTC) Establishes Additional Support in Semiconductor Production, Stocks Decline – TipRanks.com

June 7, 2024 by vm_admin

Intel has announced a new partnership agreement with Sharp to improve chip production efficiency, but this news did not excite investors as Intel shares fell slightly. Sharp had excess capacity in some of its LCD plants in Japan, allowing Intel to take over some of that capacity to conduct research on semiconductor production methods. The … Read more

KeyBanc Raises Nutanix Price Target to $79 from $69 – TipRanks.com

June 6, 2024 by vm_admin

KeyBanc Raises Nutanix Price Target to from – TipRanks.com

KeyBanc, a prominent financial firm, recently increased its price target on Nutanix to $79 from $69. They also maintained an Overweight rating on the company’s shares following a strong Q3 performance and a positive outlook for Q4. The report highlighted a decrease in new and expansion business, which was attributed to a rise in larger … Read more

TipRanks.com: Bank of America predicts positive outlook for Super Micro Computer stock following Nvidia earnings announcement

May 26, 2024 by vm_admin

Nvidia reported impressive results that surpassed high expectations, leading to a surge in its stock price. The company’s strength in AI-powered accelerated computing is driving demand from various sectors beyond cloud service providers. Bank of America analyst Ruplu Bhattacharya believes that Super Micro Computer Inc. (SMCI) will benefit from this trend due to its positioning … Read more

TipRanks.com Reports Oracle Power PLC Commences Gold Drilling Activities in Australia

May 26, 2024 by vm_admin

Oracle Coalfields has recently announced that it has started aerial core drilling at its Northern Zone Gold Project in Western Australia. The company is exploring for supergene gold and plans to have a second drilling rig join the project soon. The Northern Zone Gold Project is located near Kalgoorlie and targets a major gold exploration … Read more

TipRanks.com Reports: Intel (NASDAQ: INTC) Stock Plummets as Nvidia (NASDAQ: NVDA) Targets Major Market

May 23, 2024 by vm_admin

In a surprising move, Nvidia has set its sights on the home PC market, impacting Intel’s stock performance. This new competition has caused Intel’s shares to drop by nearly 4.5% in Thursday’s trading session. Nvidia’s strong earnings report has fueled its entry into the personal computer market with a focus on AI technology. While Nvidia … Read more

Navigating the Risks of Software and Subscription Services in the Tech Market: Cisco’s Strategic Pivot – A Guide by TipRanks.com

May 23, 2024 by vm_admin

Cisco has announced a new risk in the Demand category, stemming from its pivot towards subscription software and services. This shift, which includes the acquisition of Splunk, exposes Cisco to market acceptance risks and requires the company to persuade customers to adopt and renew these services. Potential performance issues such as service interruptions or reliance … Read more

Despite being at the peak, Microsoft Stock (NASDAQ:MSFT) has potential to continue rising – TipRanks.com

May 23, 2024 by vm_admin

Microsoft, with a market capitalization of $3 trillion, has seen impressive growth of around 1,154% over the last decade. The company’s strong performance, driven by cloud and AI technologies, as well as solid margins despite significant AI investments, make it a favorable investment option. Despite a conservative outlook for the fourth quarter revenue, Microsoft remains … Read more

TipRanks.com: Bank of America Determines Which Blue-Chip Stock – Apple or Microsoft – Offers More Upside Potential

May 23, 2024 by vm_admin

Investors looking for success in their portfolio should consider holding frontline stocks, which include companies with a strong track record of long-term performance and reliable returns. These top companies are known for their ability to withstand market conditions and consistently generate profits. Bank of America’s stock analysts have identified two big-name blue-chip companies, Apple and … Read more