Latest news with #Jericho
Yahoo
5 days ago
- Business
- Yahoo
Intel Eyes NEX Exit While Broadcom Tightens AI Chip Grip
May 30 - Intel (NASDAQ:INTC) is weighing a potential exit from its Networking and Edge (NEX) division, a move that could sharpen its focus on core CPU markets. NEX, which includes networking gear and edge-computing chips, brought in $5.8 billion in revenue during 2024, or about 11% of Intel's total sales. Despite growing 20% in the fourth quarter and posting a 16% operating margin last year, the unit is under strategic review as Intel redirects efforts to defend its leading position in PC and data center processors. Warning! GuruFocus has detected 7 Warning Signs with INTC. The company's overall CPU market share has slipped from 80% in 2015 to 60% in 2024, with Advanced Micro Devices (NASDAQ:AMD) gaining ground. Intel still controls 68% of the PC CPU market and 55% in data center CPUs. Broadcom (NASDAQ:AVGO) appears to be a major pressure point. Its dominance in networking chips, including its Tomahawk line for AI data centers and Jericho chips for telecom, has reportedly contributed to Intel's decision to retreat from NEX. Broadcom's networking products now represent about 30% of its $12.3 billion in AI revenue. That edge, plus the ability to offer both switching and NIC hardware, may be crowding Intel out of the space. Based on the one year price targets offered by 32 analysts, the average target price for Intel Corp is $21.31 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies a upside of +7.29% from the current price of $19.86. Based on GuruFocus estimates, the estimated GF Value for Intel Corp in one year is $23.65, suggesting a upside of +19.05% from the current price of $19.86. This article first appeared on GuruFocus.
Yahoo
5 days ago
- Business
- Yahoo
Intel Eyes NEX Exit While Broadcom Tightens AI Chip Grip
May 30 - Intel (NASDAQ:INTC) is weighing a potential exit from its Networking and Edge (NEX) division, a move that could sharpen its focus on core CPU markets. NEX, which includes networking gear and edge-computing chips, brought in $5.8 billion in revenue during 2024, or about 11% of Intel's total sales. Despite growing 20% in the fourth quarter and posting a 16% operating margin last year, the unit is under strategic review as Intel redirects efforts to defend its leading position in PC and data center processors. Warning! GuruFocus has detected 7 Warning Signs with INTC. The company's overall CPU market share has slipped from 80% in 2015 to 60% in 2024, with Advanced Micro Devices (NASDAQ:AMD) gaining ground. Intel still controls 68% of the PC CPU market and 55% in data center CPUs. Broadcom (NASDAQ:AVGO) appears to be a major pressure point. Its dominance in networking chips, including its Tomahawk line for AI data centers and Jericho chips for telecom, has reportedly contributed to Intel's decision to retreat from NEX. Broadcom's networking products now represent about 30% of its $12.3 billion in AI revenue. That edge, plus the ability to offer both switching and NIC hardware, may be crowding Intel out of the space. Based on the one year price targets offered by 32 analysts, the average target price for Intel Corp is $21.31 with a high estimate of $28.30 and a low estimate of $14.00. The average target implies a upside of +7.29% from the current price of $19.86. Based on GuruFocus estimates, the estimated GF Value for Intel Corp in one year is $23.65, suggesting a upside of +19.05% from the current price of $19.86. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Mizuho Lifts Broadcom Target Amid Strong AI Market Prospects
Mizuho Securities raised its price target for Broadcom Inc. (NASDAQ:AVGO) from $250 to $300, while maintaining its Outperform rating, on May 27. The update followed a detailed examination of Broadcom's market position, particularly its AI Custom Silicon, the company's biggest source of income. Source: Pixabay According to the analysis, Broadcom Inc. (NASDAQ:AVGO) is expected to experience substantial growth by fiscal year 2027, with AI Custom Silicon anticipated to secure 60-70% of the $60-90 billion serviceable accessible market. Additionally, the study highlights Broadcom's dominance in the networking market, which is supported by its proprietary SerDes IP and an array of Ethernet switches, such as the StrataXGS/DNX Tomahawk5/6 and Jericho, which are expected to support rates of up to 102.4 Tbps. Additionally, the analysis makes note of the company's financials, which are set apart by industry-leading operating and gross margins, anticipated to be approximately 79% and 66%, respectively, for the fiscal year 2025. One of the world's top tech firms, Broadcom Inc. (NASDAQ:AVGO) is well-known for its software and hardware products. The company's key competence is in offering networking and custom chips for a wide range of applications. While we acknowledge the potential of AVGO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AVGO and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None.
Associated Press
27-05-2025
- Business
- Associated Press
Intelligent Protection Management Corp. to Participate in the Lytham Partners Spring 2025 Investor Conference on May 29, 2025
JERICHO, NY / ACCESS Newswire / May 27, 2025 / Intelligent Protection Management Corp. ('IPM,' the 'Company,' 'we,' 'our' or 'us') (Nasdaq:IPM), a managed technology solutions provider focused on cybersecurity and cloud infrastructure, today announced that itwill participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Spring 2025 Investor Conference, taking place virtually on Thursday, May 29, 2025. Company Webcast The webcast presentation will take place at 3:30 p.m. ET on Thursday, May 29, 2025. The webcast can be accessed by visiting the conference home page at or directly at The webcast will also be available for replay following the event. 1x1 Meetings Management will be participating in virtual one-on-one meetings throughout the event. To arrange a meeting with management, please contact Lytham Partners at [email protected] or register for the event at About Intelligent Management Protection Corp. Intelligent Management Protection Corp. is a managed technology solutions provider focused on cybersecurity and cloud infrastructure. IPM provides dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and other related services, including consulting and implementing technology solutions for enterprise and commercial clients across the United States. The Company has more than a 20-year history of technology innovation and holds 8 patents. For more information, please visit: To be added to our news distribution list, please visit: Investor Contacts: Joe Dorame Lytham Partners, LLC 602-889-9680 e: [email protected] Roger Weiss Lytham Partners, LLC 646-741-5730 e: [email protected] SOURCE: Intelligent Protection Management Corp. press release
Jordan Times
22-05-2025
- Science
- Jordan Times
Archaeological survey at Khirbet Mastarah reveals clues to past human activity
AMMAN — Khirbet Mastarah is situated 8 kilometres north of Jericho and the site is land-locked between a small hill in the south and the beginning of the foothills in the northwest. Most of the area is covered with a high quantity of large pebbles of limestone, chert and flint stones, as well as pottery sherds. It is likely the site was selected for habitation also because of its convenient flat topography, while the stones were brought to the site from the wadi below. An archaeological team operated in June 2017 and found cooking pots from the Early Bronze Age, Iron Age and Mamluk periods, jars from the Byzantine and Early Islamic periods. These finds show the continuous occupation of the site, while others include, " A flat roof tile fragment [tegula] which dates to the Roman period, possibly similar in shape to Roman Legion roof tiles from Jerusalem,' said Professor of History and Religion from Averrett University Ralph Hawkins. "It is somewhat surprising to find a roof tile, even a surface find fragment, in such an isolated settlement," said Hawkins, adding that this indicates the tiles had secondary use, possibly as lids. Regarding the stone items, they include a vessel, ground-stone and rubbers. "These grinding stones are also non-indicative chronologically, with similar forms appearing from the Early Bronze through to the Byzantine periods at least. They indicate, however, the consumption of cereals at the site, possibly some grown locally,' the professor said. 'Although basalt implements such as this are heavy, they were probably carried from place to place, since basalt cannot be found in this region," Hawkins explained, noting that two spherical objects are probably pestles, hammers or sling-shots from the Roman-Byzantine Period. The stone piles or cairns located in the south-western part of the site may represent a later activity related to the preparation of the area for agricultural activities and terracing, since they overlie a layer with Roman-Byzantine sherds in it. However, they may date to a similar period as the structures, and may have been used together. It should be noted that some evidence for agriculture or grain processing was found at the site, Hawkins said. The first question that arises is why the structures are so empty of any finds attesting to human activity (pottery, bones etc.). One possibility is that the structures, which are comprised of walls with only a single course of stones, were the foundations for huts or tents. "These were inhabited for a very short time, possibly several weeks or months during the year, and then deserted [altogether, or until the next wet season?]. The artefacts were all taken by the inhabitants when they left and the floor was cleaned.' 'If that were the case, however, we might still expect to find at least a small number of finds representing the residents' garbage; in particular, some animal bones, if meat was consumed, and remains of broken pottery vessels," Hawkins suggested. Another option is that the structures are all enclosure fences and were used exclusively for corralling animals, probably herds of sheep and goats belonging to the pastoral population of the site. The animals lived and slept here, but animal bones are absent, since meat was not processed or consumed here, and dead animals were promptly removed to areas outside the site. "In this case, there would be no artefacts, since the people probably lived in tents outside the area of the enclosures, maybe in the flatter areas of the site," the scholar speculated. Hawkins added that further excavation of the structures and terrace as well as possible Optically Stimulated Luminescence (OSL) analysis for dating them may shed light on ancient irrigation methods in a rather remote area of the Jordan Valley.
