Tag: AMD

Arts and EntertainmentSemiconductors

OpenAI Broadcom AI Chip Partnership to Challenge Nvidia Dominance

OpenAI has formed a strategic partnership with Broadcom to develop custom AI chips, marking the company’s second major move to reduce reliance on Nvidia. The multibillion-dollar deal will see chip deployment requiring 10 gigawatts of power starting in 2026.

OpenAI has announced a groundbreaking multibillion-dollar partnership with semiconductor company Broadcom to develop custom artificial intelligence chips, significantly advancing the AI research organization’s strategy to reduce dependence on market leader Nvidia. The collaboration represents one of the largest private semiconductor development initiatives in recent years, with Broadcom stock surging nearly 10% following Monday’s announcement as industry experts note growing investor confidence in alternative AI chip solutions.

OpenAI’s Strategic Move Beyond Nvidia Dependence

by Daniel R.Collins
BusinessStocks and Bonds

Wall Street Analyst Calls: Nvidia, Apple, Tesla, AMD Ratings & Price Targets

Major Wall Street firms issued significant rating changes and price target adjustments Monday. Mizuho raised Nvidia’s target to $225 while Jefferies maintained its underperform rating on Apple. Goldman Sachs initiated StubHub as buy and upgraded Estee Lauder.

Wall Street analysts delivered significant rating changes and price target adjustments Monday, with notable moves in technology, consumer, and energy sectors. Major calls included Nvidia and AMD receiving price target increases from Mizuho, while Apple faced maintained underperform rating from Jefferies amid tariff concerns. Goldman Sachs showed particular activity with multiple initiations and upgrades across different market segments.

Technology Sector Analyst Calls

by Bennett Laura