Home AI AI Headlines: Intel Unveils Chips, Nvidia Slips, Meta Eyes Search $INTC $NVDA $FB

Stay ahead of the curve with this week’s top AI market moves!

1. Intel Powers Up AI Everywhere: Unveiling new E-Core Xeon CPUs (Emerald Rapids) and AI-optimized Core Ultra CPUs (Meteor Lake), Intel aims to close the server performance gap and conquer the AI market. Analysts remain cautious, awaiting execution proof.

2. Nvidia Bargain Alert: Despite rising prices, Nvidia (NVDA) shares are now at their cheapest since late 2018, trading at a discount to the SOX index for the first time in 9 years. Bernstein analysts remain bullish, seeing long-term potential and “trough” valuation despite volatility.

3. Meta’s GenAI Search Play: UBS analysts see Meta Platforms (META) poised to grab a slice of the search market with its AI advancements. They estimate $16.9 billion in potential search revenue from GenAI apps, driving investor focus towards chatbot monetization in 2024.

4. Broadcom: Acquisition Spurs Target Raise: Bank of America boosts Broadcom Inc (AVGO) target to $1,250 after the VMware acquisition. Analysts expect VMWare to significantly contribute to growth and EPS, making AVGO a leader in infra software with robust AI opportunities.

5. AI Server Race Heats Up: Dell (DELL) and HP (HPQ) Enterprise square off against server ODMs like Quanta and Wistron in the AI server market. Analysts remain cautious, concerned about Dell’s potential market share lag and lower margins for AI servers. They see potential benefits for OEMs if AI inferencing shifts on-premise, but emphasize long-term potential over immediate gains.

Knightsbridge Club Exclusive: Get ahead of the market with Knightsbridge Club membership. Access in-depth analysis, expert insights, and early access to breaking news like this every week. Pre-register today

Shayne Heffernan

You may also like

logo-white

Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.