“All-in, we are hearing about more AI server momentum at Dell than at any other OEM,” Woodring wrote, saying that he expected about $10 billion of AI server revenue in the company’s fiscal 2025 — ending next February. Wednesday’s move was the largest since March 1, when the stock surged after earnings showed the computer …
The launch of Intel ‘s latest artificial intelligence chip is expected to benefit three global semiconductor companies, according to Morgan Stanley. Intel unveiled its third-generation AI accelerator, Gaudi 3 , earlier this month. The semiconductor giant said the latest chip is twice as power-efficient and can run AI models one-and-a-half times faster than Nvidia’s H100 GPU …
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Super Micro Computer : Shares surged nearly 25% on Monday after the artificial intelligence server maker was selected late Friday to join the S & P 500 later in March. The gains push its year-to-date ascent to almost …
Citi predicts there’s strong growth ahead for memory chipmakers, driven by rising demand for artificial intelligence applications. The Wall Street bank estimates that specialized memory and storage products meant for AI chips will claim a greater share of the total market, reducing volatility in the sector. Inventory levels for memory chips, such as generic DRAMs, …