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What’s Going On With AMD Stock Tuesday?

By Anusuya Lahiri
April 16, 2:11 PM
AMD announced new Ryzen PRO 8040 Series for business laptops and mobile workstations and Ryzen PRO 8000 Series AI-enabled desktop processor. AI PC shipments expected to account for 22% by 2024. Multiple analysts maintain AMD as top pick, with HSBC upgrading to Buy and $225 price target.

AMD

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Adobe’s Latest AI Innovation Promises a New Era for Video Content Creation

By Anusuya Lahiri
April 16, 11:50 AM
Adobe Inc (NASDAQ: ADBE) developing AI model for generating video content, competing with OpenAI and Google. To be integrated into Premiere Pro.

ADBE

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Broadcom, Marvell, Analog Devices And More Semiconductor Stocks Poised For 6%-8% Revenue Growth: JPMorgan

By Surbhi Jain
April 16, 11:17 AM
Harlan Sur from JPMorgan is optimistic about semiconductors. Highlights top picks from the sector including AVGO, MRVL, ADI, MCHP, KLAC and SNPS.

ADI

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Amazon, Meta, Uber Remain ‘Top Overall Picks’ At JPMorgan Ahead Of Q1 Earnings

By Surbhi Jain
April 16, 8:56 AM
JPMorgan's analyst remains bullish on Internet sector for Q1 2024, specifically for Amazon, Meta, and Uber.

AMZN

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Is Apple About To Disappoint Investors With Q2 Print? Analyst Flags 2 Factors Weakening iPhone Maker

By Shanthi Rexaline
April 16, 8:14 AM
Needham now estimates second-quarter sales of $90.8 billion, marking a 4% year-over-year drop.

AAPL

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Intel and Nvidia Reveal New Products for China, Adapt AI Chip Strategies in Response to US Sanctions

By Anusuya Lahiri
April 16, 7:47 AM
Intel launching 2 AI chips with reduced capabilities to comply with US sanctions on China; Nvidia also planning 3 China-specific chips.

AMD

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Taiwan Semi’s AI Boom and US Expansion Set to Drive Q1 Earnings Growth

By Anusuya Lahiri
April 16, 7:24 AM
TSM expects 5% rise in Q1 profit, aided by AI demand. It expands in US with $6.6B subsidies. Analysts predict high teens of revenue by 2025.

AAPL

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Meta’s Threads Introduces Real-Time ‘Recent’ Filter to Enhance Search Experience

By Anusuya Lahiri
April 16, 6:58 AM
Meta introduces new filter on Threads for sorting recent search results, addressing need for real-time content. Test currently limited to select users.

FCOM

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Did Someone Get Promoted At Tesla Amid Layoffs? Autopilot Head’s X Badge Change Sparks Talk Of Leadership Shift

By Anan Ashraf
April 16, 6:01 AM
Tesla's Director of Autopilot Software, Ashok Elluswamy, recently gained a company-affiliated tag on social media platform X.

TSLA

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Microsoft Invests $1.5B In UAE’s Top AI Firm G42, Secures Board Seat

By Benzinga Neuro
April 16, 5:51 AM
Microsoft has announced a $1.5 billion investment in the United Arab Emirates' leading artificial intelligence firm, G42. The investment will also secure Microsoft a seat on G42's board, indicating a strategic shift towards strengthening G42's commitment to reducing its presence in China.

MSFT

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