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Fly News Breaks for September 21, 2017
NVDA, TSLA, AMD
Sep 21, 2017 | 08:14 EDT
Bernstein analyst Stacy Rasgon notes that CNBC reported that Tesla (TSLA) is working with AMD (AMD) to develop its own AI chips for self-driving cars. Regardless of whether AMD is truly contributing or not, the analyst points out that the idea of Tesla eventually doing their own self-driving chipsets should not be a surprise to anyone, and if it is not happening now it likely will at some point. If true, Rasgon believes the news would probably be an incremental positive for AMD, and an incremental negative for Nvidia (NVDA).
News For AMD;TSLA;NVDA From the Last 2 Days
TSLA
Apr 23, 2024 | 18:28 EDT
Says it may still take three years for automaker to integrate Tesla AI technology into its model
TSLA
Apr 23, 2024 | 18:04 EDT
Elon Musk says: "Regarding FSD Version 12, which is the pure AI-based self-driving, if you haven't experienced this, I strongly urge you to try it out, it's profound. And the rate of improvement is rapid. And we've now turned that on for all cars with the cameras and inference computer everything from Hardware 3 on in North America. So it's been pushed out to, I think, around 1.8 million vehicles, and we're seeing about half of people use it so far and that percentage is increasing with each passing week."
NVDA, TSLA
Apr 23, 2024 | 17:33 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here
TSLA
Apr 23, 2024 | 10:39 EDT
Tesla (TSLA) is expected to report results on its fiscal first quarter on Tuesday, April 23, with a conference call scheduled for 5:30 pm EDT. What to watch... To see the rest of the story go to thefly.com. See Story Here
TSLA
Apr 23, 2024 | 06:19 EDT
Wells Fargo lowered the firm's price target on On Semiconductor (ON) to $95 from $110 and keeps an Overweight rating on the shares ahead of quarterly results. The firm anticipates On to deliver a Q2 guide slightly below expectations as it adjusts to Tesla-specific (TSLA) production softness specific to image sensor and SiC sales.