Midday movers: Cisco slips; SoundHound AI, Super Micro rise

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/1/2026

1. NVDA
2. PCG
3. AMZN
4. AAPL
5. AVGO
6. EC
7. ALNY
8. CNS
9. STLA
10. SPCX

Go back to Midday movers: Cisco slips; SoundHound AI, Super Micro rise

Super Micro Computer (SMCI) shares fall, but analysts expect the AI momentum to continue

February 16, 2024 12:16 PM EST

Super Micro Computer (NASDAQ: SMCI) shares tumbled more than 13% Friday, but the AI momentum for the stock, which has risen more than 220% so far this year, is expected to continue.

The incredible run higher has been fueled by surging demand for the server company's high-performance rack servers as a result of the rise in new artificial... More

Super Micro Computer (SMCI) already discounting solid upside - Wells Fargo

February 16, 2024 8:45 AM EST

Wells Fargo initiated coverage of Super Micro Computer (NASDAQ: SMCI) with an Equal Weight rating and a $960 per share price target on Friday.

Analyst Aaron Rakers said they believe the AI momentum will continue, but the stock is already discounting solid upside.

"SMCI's AI-fueled fundamental... More

Nvidia continues to rise but fund manager says don't overpay to capture the momentum

February 15, 2024 9:50 AM EST

The rally in artificial intelligence chip stocks has seen investors continue to flock to names such as AMD (NASDAQ: AMD), Arm Holdings (NASDAQ: ARM), and especially NVIDIA (NASDAQ: NVDA).

For Nvidia, the rise... More

Northland Says NVIDIA's investment in SoundHound AI (SOUN) is logical

February 15, 2024 9:44 AM EST

Northland Capital Markets analyst Michael Latimore reiterated an Outperform rating and $4.00 price target on SoundHound AI Inc. (NASDAQ: SOUN).

The analyst stated, "Last night NVIDIA (NVDA, NR) filed a 13F, showing a 1.7 million share investment in SOUN. SoundHound AI has comprehensive and deep... More