Here is what analysts had to say after AMD's AI event
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Citi Reiterates Buy Rating on NVIDIA (NVDA)
October 14, 2024 5:34 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $150.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "GPUs and ASICS will coexist We forecast that both GPUs and ASICs will be used in the push to build the necessary infrastructure for AI/ML with ASICs being used primarily for more specialized models as well as to offer differentiated cloud AI offering and GPUs for training... More
Barclays Reiterates Overweight Rating on AMD (AMD)
October 11, 2024 10:25 AM EDTBarclays analyst Blayne Curtis reiterated an Overweight rating and $180.00 price target on AMD (NASDAQ: AMD).
The analyst comments "Expectations heading into the event included a raised full year AI revenue forecast, a new major customer announcement, new product introductions, and possibly some details... More
