Latest news with #Compute
Mid East Info
06-08-2025
- Business
- Mid East Info
Alibaba Cloud Named a Leader in Serverless Development Platforms Report - Middle East Business News and Information
Demonstrates strategic strength in serverless development through sustained innovation Hangzhou, China, August, 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Leader in The Forrester Wave™: Serverless Development Platforms, Q2 2025 report. The report assessed 11 vendors over six months, evaluating them across 21 criteria, including developer experience, partner ecosystem, API and event-driven integration, AI application development, and vision. Alibaba Cloud, with its Function Compute and Serverless App Engine product capabilities, achieved the highest score possible (5 points) in 9 out of 21 criteria including initialization and deployment, workload flexibility, observability, AI application development, innovation, among others. Jiangwei Jiang, Vice President, General Manager of Infrastructure Products, Alibaba Cloud, said: 'For us, this recognition from Forrester reflects Alibaba Cloud's continued focus on advancing serverless development. The development of AI applications remains a priority in our serverless solutions, as we strive to combine innovative cloud technologies with reliable customer support—helping businesses of all sizes adopt the latest advancements for their growth.' The report stated that Alibaba Cloud's platforms, including Function Compute and Serverless App Engine, deliver scalable event-driven computing with strong integration across the Alibaba ecosystem. As a market front-runner in China and the broader APAC region, Alibaba Cloud combines localized innovation with broad enterprise adoption. According to the report, Alibaba Cloud demonstrates strategic strength in serverless development through sustained innovation, including a commitment to open source and reinforcement of ecosystem growth. In terms of capabilities, Alibaba Cloud offers one of the most comprehensive serverless platforms in the market, with strong capabilities across initialization, deployment, and runtime flexibility. AI application development was a key focus area, with native support for model deployment and event-driven inference workflows. Constant Innovation in Serverless Solutions: Launched in 2017, Alibaba Cloud's Function Compute is a fully managed, event-driven compute service which alleviates users from managing their own infrastructure. Its secure and stable, pay-as-you-go platform is designed to simplify the computing experience to enable faster development and iteration of business logic and core code. Function Compute powers Alibaba Cloud's generative AI development platform Model Studio and open-source ModelScope Community with model inference and training support, as well as elastic invocation capabilities for Agent and MCP services. Alibaba Cloud Serverless App Engine (SAE) is the industry's first application-oriented serverless PaaS, providing a cost-effective and highly efficient one-stop application hosting solution. This Kubernetes-based cloud product combines the serverless architecture & the microservice model, allowing users to deploy an online application in any programming language to SAE within seconds by using source code, a code package, or a Docker image. Alibaba Cloud serverless solutions has supported over 10,000 enterprises worldwide across sectors including e-commerce, manufacturing, education, media and entertainment, internet, gaming, among others. About Alibaba Cloud: Established in 2009, Alibaba Cloud is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world's leading public cloud IaaS service providers since 2018, according to IDC.
Business Insider
25-06-2025
- Business
- Business Insider
Nvidia Stock Nears Peak Again After 50% Rally — Will It Keep Rising?
Nvidia (NVDA) stock is back in the spotlight. The stock surged 2.6% on Tuesday to close at $147.90, its highest level since January, and is now less than 1% below their all-time high of $149.43. After a 50% rally from its April low of just over $96, and with strong demand trends in AI and new analyst upgrades, many believe NVDA could break out to new highs in the days ahead. Confident Investing Starts Here: The sharp rebound follows a rough start to the year, when Nvidia shares tumbled over 35% amid U.S.-China tensions, chip export bans, and rising Chinese competition. But with momentum back and confidence returning, Nvidia's sharp turnaround is grabbing Wall Street's attention once again. What's Driving the Comeback? A major turning point came with Nvidia's first-quarter results on May 28. Despite losing billions in revenue from a U.S. export ban on its advanced chips to China, Nvidia still beat analyst estimates. Revenue remained strong, helped by demand from other regions and robust orders for AI infrastructure. At the same time, Nvidia signed major supply deals with Saudi Arabia and the UAE, part of a growing trend of 'sovereign AI' as countries invest in their own data centers and computing stacks. These wins helped restore confidence in the company's long-term growth story. Since the earnings report, Nvidia stock has jumped more than 9%, well ahead of the S&P 500's (SPX) 3.5% gain over the same period. Wall Street Analysts See More Upside Ahead Wall Street analysts remain bullish about Nvidia's growth prospects. They believe that Nvidia's strength across the board, from its H100 and new Blackwell chips to its CUDA software, gives it a big lead in the AI market. Recently, Barclays' five-star-rated analyst Thomas O'Malley reiterated his Buy rating on NVDA stock and increased his price target from $170 to $200 per share. The new target price signals an impressive 35% upside from the current levels. O'Malley believes Nvidia will beat expectations in the second half of the year, thanks to stronger sales from its Compute division. He sees $2 billion more in revenue than expected for the July quarter alone. He forecasts $42 billion in Compute revenue for Q3 and $48 billion for Q4, both higher than Wall Street's estimates. Overall, the analyst believes that growing chip production, rising system sales, and strong demand should help Nvidia boost its profits in the second half of the year. What Is Nvidia's Stock Forecast? According to TipRanks, NVDA stock has a Strong Buy consensus rating based on 35 Buys, four Holds, and one Sell assigned in the last three months. At $173.19, the Nvidia average share price target implies a 17.10% upside potential.
Yahoo
19-06-2025
- Business
- Yahoo
NVDA: Barclays Sees $200 Nvidia Surge Ahead as Chip Demand Soars
June 18- Barclays raised its price target on Nvidia (NASDAQ:NVDA) to $200 from $170, projecting stronger-than-expected growth for the chipmaker in the second half of 2025. The updated forecast reflects a potential 38% gain from Nvidia's June 16 closing price of $144.69. Barclays cited fresh supply chain checks that suggest about $2 billion in revenue upside for July, prompting the firm to boost its full-year Compute revenue estimate to $37 billion from $35.6 billion. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Although Blackwell chip production reached only 30,000 wafers per month in June, below the bank's earlier 40,000-wafer estimate, utilization rates remain solid. Barclays also highlighted continued progress on Blackwell Ultra, which is expected to enter mass production in the third quarter. System sales are picking up, projected to make up 25% of revenue in July and rising to nearly half by October. The analysts said higher volumes and the Ultra rollout should lift gross margins in the second half. Compute revenue projections were revised up for Q3 and Q4, to $42 billion and $48 billion, respectively. The new $200 target is based on a 29-times multiple of Barclays' updated 2026 non-GAAP EPS estimate of $6.86. The firm kept its "Overweight" rating on Nvidia, while maintaining a Neutral stance on the broader U.S. semiconductor sector. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
