“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 …
Super Micro Computer Inc (NASDAQ:SMCI), a global leader in high-performance, high-efficiency server technology and innovation, is a premier provider of advanced server Building Block Solutions for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. SMCI develops and provides end-to-end green computing solutions to the data center, cloud computing, enterprise IT, …
Shares of Nvidia have risen 280% over the past year thanks to surging sales of its chips that power artificial intelligence applications. However, the Silicon Valley company isn’t alone in the AI-fueled rally. Investors are also ploughing their money into companies buying these chips, amid expectations that AI will help improve productivity and profits. CNBC …
Nvidia may have enjoyed a red-hot run on the back of the artificial intelligence craze, but many other tech stocks have also benefited. As with any investing theme, diversification is needed. Veteran tech investor Paul Meeks told CNBC Pro that even if Nvidia is a “great story,” it’s “too risky to be in just one” …
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 …
Look out, Super Micro investors, as Dell is starting to cement itself as a major player in artificial intelligence in the computer-server and storage market. The company’s shares surged 19% in after-hours trading, as Chief Operating Officer Jeff Clarke and Chief Financial Officer Yvonne McGill spent much of their time on the earnings call answering …
Nvidia isn’t the only star of the artificial intelligence boom â in fact, there’s an even “hotter” one right now, according to Louis Navellier, chairman and founder of Navellier & Associates. That’s Super Micro Computer , a Nasdaq-listed company which makes AI systems and graphics processing unit servers. Last year, its shares soared even more …
A microchip and the Nvidia logo displayed on a phone screen are seen in this photo taken in Krakow, Poland, on April 10, 2023. Nurphoto | Getty Images Shares of server component supplier Super Micro Computer rose 11.42% in Wednesday’s after-hours trading. Dutch chip equipment manufacturer ASML, which supplies TSMC lithography machines critical to chip …
By Sinéad Carew (Reuters) – Shares in Super Micro Computer Inc were down almost 12% on Friday after hitting a record high earlier in the session and closing Thursday’s session up more than 250% for the year-to-date as investors have been betting on the stock as a big beneficiary of strong artificial intelligence technology demand. …