Latest news with #TimothyArcuri
Globe and Mail
2 days ago
- Business
- Globe and Mail
Analysts' Top Technology Picks: Nvidia (NVDA), Credo Technology Group Holding Ltd (CRDO)
There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Nvidia (NVDA – Research Report), Credo Technology Group Holding Ltd (CRDO – Research Report) and Pegasystems (PEGA – Research Report) with bullish sentiments. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Nvidia (NVDA) UBS analyst Timothy Arcuri maintained a Buy rating on Nvidia today and set a price target of $175.00. The company's shares closed last Monday at $137.38. According to Arcuri is a top 25 analyst with an average return of 31.2% and a 70.9% success rate. Arcuri covers the Technology sector, focusing on stocks such as Advanced Micro Devices, ARM Holdings PLC ADR, and Allegro MicroSystems. ;'> Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $171.62, which is a 26.7% upside from current levels. In a report issued on May 19, Raymond James also reiterated a Buy rating on the stock with a $150.00 price target. Credo Technology Group Holding Ltd (CRDO) In a report released today, Thomas O'Malley from Barclays maintained a Buy rating on Credo Technology Group Holding Ltd, with a price target of $85.00. The company's shares closed last Monday at $62.65. According to O'Malley is a 4-star analyst with an average return of 8.5% and a 49.8% success rate. O'Malley covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and Silicon Laboratories. ;'> Currently, the analyst consensus on Credo Technology Group Holding Ltd is a Strong Buy with an average price target of $66.13, a 9.8% upside from current levels. In a report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $80.00 price target. Pegasystems (PEGA) In a report released today, Jake Roberge from William Blair maintained a Buy rating on Pegasystems. The company's shares closed last Monday at $96.96. According to Roberge has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.6% and a 39.3% success rate. Roberge covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Mitek Systems, and Jamf Holding. ;'> Currently, the analyst consensus on Pegasystems is a Strong Buy with an average price target of $105.80.
Yahoo
3 days ago
- Business
- Yahoo
UBS: Nvidia Could Capture $20 Billion from Texas AI Center
Nvidia (NASDAQ:NVDA) and Oracle (NYSE:ORCL) stand to reap massive windfalls from Texas's AI-focused Stargate data center, with UBS estimating up to $20 billion in GPU revenue for Nvidia and over $2 billion for Oracle Cloud Infrastructure. Warning! GuruFocus has detected 7 Warning Signs with CRWV. At full build-out, the Abilene, Texas site could demand 400,000 Nvidia GB200 GPUstranslating to roughly $20 billion in sales and an extra $5 billion in networking revenue as OpenAI scales compute capacity via partnerships with Oracle, Microsoft (NASDAQ:MSFT) and CoreWeave (NASDAQ:CRWV). Meanwhile, Oracle's OCI could host a 100,000-GPU cluster in Phase 1 alone, driving at least $2 billion in revenue and igniting a potentially material backlog event as OpenAI shifts more workloads from Microsoft. For OpenAI, the center's capacity is critical: recent GPU constraints forced product throttling amid surging ChatGPT demand, and Abilene's additional supply will let OpenAI accelerate its roadmap and reclaim momentum. UBS analysts Karl Keirstead, Timothy Arcuri and Radi Sultan argue that as OpenAI pursues deeper infrastructure control, Stargate's scale could reshape the competitive landscape for AI infrastructure providers. Investors should care because Nvidia's GPUs and Oracle's cloud services are positioned at the heart of America's $500 billion AI push, and securing large-scale, multi-year commitments at Stargate could be a game-changer for both companies' growth trajectories. 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
3 days ago
- Business
- Yahoo
UBS: Nvidia Could Capture $20 Billion from Texas AI Center
Nvidia (NASDAQ:NVDA) and Oracle (NYSE:ORCL) stand to reap massive windfalls from Texas's AI-focused Stargate data center, with UBS estimating up to $20 billion in GPU revenue for Nvidia and over $2 billion for Oracle Cloud Infrastructure. Warning! GuruFocus has detected 7 Warning Signs with CRWV. At full build-out, the Abilene, Texas site could demand 400,000 Nvidia GB200 GPUstranslating to roughly $20 billion in sales and an extra $5 billion in networking revenue as OpenAI scales compute capacity via partnerships with Oracle, Microsoft (NASDAQ:MSFT) and CoreWeave (NASDAQ:CRWV). Meanwhile, Oracle's OCI could host a 100,000-GPU cluster in Phase 1 alone, driving at least $2 billion in revenue and igniting a potentially material backlog event as OpenAI shifts more workloads from Microsoft. For OpenAI, the center's capacity is critical: recent GPU constraints forced product throttling amid surging ChatGPT demand, and Abilene's additional supply will let OpenAI accelerate its roadmap and reclaim momentum. UBS analysts Karl Keirstead, Timothy Arcuri and Radi Sultan argue that as OpenAI pursues deeper infrastructure control, Stargate's scale could reshape the competitive landscape for AI infrastructure providers. Investors should care because Nvidia's GPUs and Oracle's cloud services are positioned at the heart of America's $500 billion AI push, and securing large-scale, multi-year commitments at Stargate could be a game-changer for both companies' growth trajectories. This article first appeared on GuruFocus.
Yahoo
24-05-2025
- Business
- Yahoo
UBS Lowers Analog Devices (ADI) Price Target, Keeps Buy Rating
On Friday, May 23, UBS analyst Timothy Arcuri reduced the price target on Analog Devices, Inc. (NASDAQ:ADI) to $285 from $295 but kept a 'Buy' rating. This adjustment reflects a slight reduction in estimates for the second half of the year. Arcuri noted that the company's automotive business is affected by 'pull-ins.' These are orders that have been requested to be completed earlier than initially planned. Despite that, the guidance and commentary by Analog Devices, Inc. (NASDAQ:ADI) about underlying demand, especially for its industrial segment, were positive. Arcuri pointed out that this view matched with what Texas Instruments had said, which is another big player in the sector. A technician working on power management in a semiconductor factory. The UBS analyst is confident in Analog Devices, Inc. (NASDAQ:ADI) because of its strong position in fast-growing markets like EVs, advanced driver-assistance systems (ADAS), and certain areas of the industrial market. Arcuri believes that the company's leverage in these areas is a key factor that supports the Buy rating. However, the analyst did caution that tariffs could hurt demand in the second half of the year. Despite this concern, he still remains optimistic about Analog Devices, Inc.'s (NASDAQ:ADI) future, believing that the analog market will recover. While we acknowledge the potential of ADI as an investment, 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 ADI and that has a 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
Yahoo
28-03-2025
- Business
- Yahoo
Intel Stock Could Soar If This Nvidia Rumor Is True
One of the key priorities for new Intel (NASDAQ: INTC) CEO Lip-Bu Tan is to turn the company's foundry business into a success. The Intel 18A process node, which features multiple technological innovations and should challenge market leader TSMC in terms of performance and efficiency, is ready for production. The challenge now is to scale up and fill that capacity with new customer orders. According to UBS analyst Timothy Arcuri, Intel is closing in on scoring Nvidia (NASDAQ: NVDA) as a foundry customer. While Intel has both Microsoft and Amazon on board as Intel 18A customers, winning over the largest fabless chip designer by revenue would be an enormous vote of confidence in Intel's foundry business. There are two compelling reasons why Nvidia may be keen on shifting some production from TSMC to Intel. First, the company is struggling to provide enough gaming GPUs to meet demand. Nvidia recently launched its RTX 50 series graphics cards, but supply has been extremely tight, leading to prices well above MSRP. Nvidia makes a lot more money selling data center GPUs aimed at AI workloads than it does from gaming GPUs, so it makes sense that artificial intelligence (AI) chips would be the priority. Nvidia only has so much manufacturing capacity at TSMC, and the company would be leaving money on the table if it didn't go all out to meet soaring demand for AI accelerators. If Nvidia were to shift gaming GPU production to Intel while leaving AI chip production at TSMC, the company would likely have an easier time meeting demand for both products. The longer it takes Nvidia to meet demand from gamers, the more likely it becomes that those gamers give up and move over to GPUs from AMD. AMD's latest RX 9000 graphics cards are impressive, and Nvidia may be losing market share thanks to the rough supply situation. Second, shifting some production to Intel's U.S.-based foundries would mesh well with the current political climate and avoid potential future tariffs on products coming from Taiwan. The Trump administration is pushing the idea of bringing manufacturing back from overseas, and Nvidia could score some points with a splashy announcement to do exactly that. Even if this Nvidia rumor is true and the GPU giant ultimately chooses Intel for some production, it would take time for revenue to start rolling in. Any deal would involve a future Nvidia product, potentially the company's next-generation gaming graphics cards, which almost certainly won't launch until 2026 at the earliest. While winning Nvidia as a foundry customer won't help Intel's financial results in the near term, it would certainly boost investor sentiment. Right now, the jury is still out on whether the Intel 18A process will be a success. Intel's own products built on the process aren't coming until later this year, and it's unclear when third-party products will start being produced in volume. Winning Nvidia as a customer would give investors confidence that Intel 18A is the real deal, and it could lead to a snowball effect as additional chip designers take a serious look. There's no guarantee that Nvidia will opt for Intel's foundry services. However, if Intel can win over the leading AI chip designer, it would provide an early win for Tan and a much-needed boost for the struggling company. A big piece of good news from the foundry business could be enough to push Intel stock out of the doldrums and deliver solid gains for patient investors. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $312,980!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $42,421!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $537,825!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of March 24, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Timothy Green has positions in Intel. The Motley Fool has positions in and recommends Advanced Micro Devices, Amazon, Intel, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short May 2025 $30 calls on Intel. The Motley Fool has a disclosure policy. Intel Stock Could Soar If This Nvidia Rumor Is True was originally published by The Motley Fool
