Bank of America (BofA) said Nvidia is “deepening its competitive moat,” while JPMorgan noted that the company’s “aggressive roadmap” keeps it “1-2 steps ahead of its competitors.”
Beyond chips, Nvidia announced the new Spectrum-X Silicon Photonics Ethernet switch, offering 1.6 Terabits per second per port switches to deliver 3.5x energy savings and 10x resilience in AI Factories.
Dynamo, the successor to Nvidia’s Triton Inference Server, is designed to increase inference performance while lowering costs for scaling test-time computing.
According to a report by The Information, Amazon Web Services (AWS) is offering deep discounts on its artificial intelligence chips to compete with Nvidia and attract more customers.
Citi anticipates "decent results" but warns that guidance may fall short of consensus estimates, while Baird took a more optimistic stance, stating it is “incrementally positive” on Micron’s outlook.
Instead of selling the entirety or parts of its business, Intel is reportedly exploring outside financial backers, including customers interested in taking a stake in its manufacturing unit.
Wall Street is also bullish on Tan’s appointment. Bank of America cited his strong track record at Cadence Design Systems, familiarity with Intel from his prior board tenure, and broad industry connections as key positives.
Bank of America anticipates that Nvidia will discuss its long-term ambitions in autonomous vehicles, physical AI, robotics, and quantum computing at the GPU Technology Conference 2025, scheduled for March 17 to 22.
Bank of America and JPMorgan issued the steepest price target reductions. Others, including KeyBanc, Stifel, Susquehanna, and UBS, see potential for long-term upside despite the near-term weakness.
On its analyst day, Teradyne reaffirmed its first-quarter outlook but warned that its second-quarter revenue could be "flat to down 10%" from the prior quarter.
Loop Capital acknowledged that while Marvell’s results fell short of the market’s high expectations, AI and cloud growth remain key drivers for the stock.
Intel shares extended their two-day slide on Wednesday after former President Donald Trump called for the repeal of the Chips Act during a joint session of Congress.
Investors will watch for updates on Broadcom’s dealings with Intel, whether it involves a potential acquisition or chip production using Intel’s 18-A process.
ASML anticipates its China sales share will decline from 36% to 20% in 2025 as stricter U.S. regulations limit access to its advanced chipmaking tools.
The Reuters report also stated that Advanced Micro Devices (AMD) is evaluating Intel’s technology but did not confirm whether AMD has submitted test chips for production.
To sidestep U.S. controls, Chinese resellers are using entities registered outside of China to purchase Nvidia-powered servers from firms in Malaysia, Vietnam, and Taiwan.
The chipmaker reported fourth-quarter revenue of $39.3 billion, up 78% year over year, with data center sales driving much of the growth. Full-year revenue topped $130 billion, more than doubling from the prior year.
Bloomberg, citing unnamed sources, said Italian officials believe Jean-Marc Chery has failed to navigate the company through mounting industry challenges.
