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FJTSY

Fujitsu

$36.98

-0.32 (-0.86%)

, INTC

Intel

$34.68

0.44 (1.29%)

10:24
07/17/17
07/17
10:24
07/17/17
10:24

Fujitsu releases new AI processor details, Guru3D says

Fujitsu (FJTSY) has decided to give Intel (INTC), Nvidia (NVDA) and AMD (AMD) some competition in the Artificial Intelligence and deep learning department as it releases details if new AI processor, according to Guru3D. The company is targeting 10 times the performance of "the competition," and since its release is scheduled for 2018, that means the latest Nvidia and Intel deep learning chips, the report noted.Reference Link

FJTSY

Fujitsu

$36.98

-0.32 (-0.86%)

INTC

Intel

$34.68

0.44 (1.29%)

NVDA

Nvidia

$164.95

4.32 (2.69%)

AMD

AMD

$13.92

0.39 (2.88%)

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    Aug

FJTSY Fujitsu
$36.98

-0.32 (-0.86%)

INTC Intel
$34.68

0.44 (1.29%)

06/29/17
WELS
06/29/17
NO CHANGE
WELS
AMD server processor may be superior to Intel offering, says Wells Fargo
After analyzing third party data, Wells Fargo says that AMD's (AMD) EPYC server processor "may well offer better absolute performance and price/performance than Intel's current Broadwell generation server processors, and perhaps comparable performance and price/performance to Intel's upcoming Skylake processors which are scheduled for launch...on July 11." The analyst says that AMD's new accelerator products and its potential momentum in the server processor market "may well help AMD begin to establish itself in the datacenter accelerator market." Wells keeps an Outperform rating on AMD.
06/26/17
GSCO
06/26/17
NO CHANGE
Target $11
GSCO
Sell
Goldman reiterates Sell rating on AMD, sees valuation 'difficult to justify'
After AMD's (AMD) launch last week of its "EPYC" datacenter processors, Goldman Sachs analyst Toshiya Hari reiterated a Sell rating and $10.60 price target in a pre-market research note Monday. While the news "represents a positive step" towards re-engaging in datacenter, Hari finds the stock's current valuation "difficult to justify" as the market appears to have already priced in significant improvement in the company's competitive and financial position. Additionally, the analyst highlights that Intel (INTC) expects to release competing products in 2H17 and could get aggressive on pricing to defend its position, potentially diminishing AMD's profits in the space.
06/21/17
06/21/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Intel (INTC) downgraded to Neutral from Buy at BofA/Merrill with analyst Vivek Arya saying he fears increased competition from AMD (AMD) in servers and Nvidia (NVDA) share gains in AI and accelerators could limit Intel's average selling price expansion, which he notes has been a key source of its growth. Arya cut his price target on Intel shares to $38 from $42. 2. Target (TGT) downgraded to Neutral from Buy at Citi. 3. Chevron (CVX) downgraded to Neutral from Outperform at Macquarie. 4. Schlumberger (SLB) downgraded to Equal Weight from Overweight at Barclays with analyst J. David Anderson saying that based on strip prices and the firm's oil price forecast he expects 2018 North America E&P spending to be up about 10-15%. 5. Embraer (ERJ) downgraded to Market Perform from Outperform at Cowen with analyst Cai Von Rumohrciting the increasing likelihood of a transitional earnings dip as E2 enters production with another year of cash outflow in 2018. Although 2019 looks notionally better, the stock faces a tough earnings revision set-up in the second half of this year. Von Rumohr lowered his price target to $24 from $27 on Embraer shares. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/21/17
06/21/17
DOWNGRADE
Target $38

Neutral
Intel cut to Neutral on rising Nvidia, AMD competition at BofA/Merrill
As previously reported, BofA Merrill Lynch analyst Vivek Arya downgraded Intel (INTC) to Neutral from Buy, as he fears increased competition from AMD (AMD) in servers and Nvidia (NVDA) share gains in AI and accelerators could limit Intel's average selling price expansion, which he notes has been a key source of its growth. Also, opex pressure from larger cloud customers and capex pressure from increased memory investments is pressuring Intel's free cash flow, added Arya, who cut his price target on Intel shares to $38 from $42.
NVDA Nvidia
$164.95

4.32 (2.69%)

06/30/17
RBCM
06/30/17
NO CHANGE
RBCM
Outperform
Nvidia best positioned to win in cryptocurrency, says RBC Capital
After numerous reports suggested that AMD (AMD) and Nvidia (NVDA) will launch mining chips specifically designed for cryptocurrencies, RBC Capital analyst Mitch Steves said he thinks that Nvidia is best positioned to win that battle, given its lead in multiple other markets. He keeps an Outperform rating on Nvidia shares.
06/28/17
SUSQ
06/28/17
NO CHANGE
SUSQ
Neutral
Nvidia crypto-currency graphic cards a positive, says Susquehanna
Susquehanna analyst Christopher Rolland said he confirmed Nvidia (NVDA) will be releasing a crypt-currency specific graphics card, which will be positive for them but be negative for AMD (AMD) as it may threaten the latter's dominance in the Ethereum market where it currently holds a price/performance advantage. Rolland has a Neutral rating on both Nvidia and AMD shares.
06/20/17
PACS
06/20/17
DOWNGRADE
PACS
Sector Weight
ON Semiconductor downgraded to Sector Weight from Overweight at Pacific Crest
Pacific Crest analyst Michael McConnell downgraded ON Semiconductor (ON) to Sector Weight after Asia supply-chain channel checks left him "incrementally more cautious." Signs of double-ordering by customers raises risk of a correction over the next 12 months, McConnell tells investors in a research note. He recommends investors move to the sidelines with respect to the shares. The analyst this morning also upgraded Nvidia (NVDA) to Sector Weight and Marvell Technology (MRVL) to Overweight.
AMD AMD
$13.92

0.39 (2.88%)

TODAY'S FREE FLY STORIES

WFT

Weatherford

$4.38

0.01 (0.23%)

07:04
07/28/17
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07:04
Earnings
Weatherford reports Q2 EPS (28c), consensus (28c) »

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TYPE

Monotype Imaging

$18.45

-0.35 (-1.86%)

07:03
07/28/17
07/28
07:03
07/28/17
07:03
Earnings
Monotype Imaging sees Q3 adjusted EPS 12c-16c, consensus 16c »

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LAD

Lithia Motors

$100.05

-0.08 (-0.08%)

07:02
07/28/17
07/28
07:02
07/28/17
07:02
Earnings
Lithia Motors reports Q2 adjusted EPS $2.28, consensus $2.22 »

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  • 28

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CMS

CMS Energy

$46.89

0.36 (0.77%)

07:02
07/28/17
07/28
07:02
07/28/17
07:02
Earnings
Breaking Earnings news story on CMS Energy »

CMS Energy backs FY17…

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AAN

Aaron's

$40.62

0.88 (2.21%)

07:02
07/28/17
07/28
07:02
07/28/17
07:02
Hot Stocks
Aaron's acquires SEI/Aaron's franchisee for $140M »

Aaron's has acquired…

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  • 28

    Jul

HRC

Hill-Rom

$79.70

-2.88 (-3.49%)

07:02
07/28/17
07/28
07:02
07/28/17
07:02
Earnings
Hill-Rom sees Q4 adj. EPS $1.26-$1.30, consensus $1.33 »

Sees Q4 revenue up 3%-4%…

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TYPE

Monotype Imaging

$18.45

-0.35 (-1.86%)

07:02
07/28/17
07/28
07:02
07/28/17
07:02
Earnings
Monotype Imaging reports Q2 adjusted EPS 8c, consensus 9c »

Reports Q2 revenue…

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  • 28

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CMS

CMS Energy

$46.89

0.36 (0.77%)

07:01
07/28/17
07/28
07:01
07/28/17
07:01
Earnings
CMS Energy reports Q2 EPS 33c, consensus 39c »

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  • 28

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HTBK

Heritage Commerce

$13.85

-0.14 (-1.00%)

07:01
07/28/17
07/28
07:01
07/28/17
07:01
Recommendations
Heritage Commerce analyst commentary  »

Heritage Commerce premium…

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  • 01

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JPM

JPMorgan

$91.55

-0.38 (-0.41%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Hot Stocks
JPMorgan says to be 100% reliant on renewable energy by 2020 »

JPMorgan Chase is…

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HRC

Hill-Rom

$79.70

-2.88 (-3.49%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Earnings
Hill-Rom reports Q3 adj. EPS 91c, consensus 91c »

Reports Q3 revenue $689M,…

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CFX

Colfax

$40.83

-0.12 (-0.29%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Earnings
Colfax raises FY17 adjusted EPS view to $1.65-$1.75 from $1.60-$1.75 

Consensus $1.73.

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  • 28

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CFX

Colfax

$40.83

-0.12 (-0.29%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Earnings
Colfax reports Q2 adjusted EPS 43c, consensus 43c »

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  • 28

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DVAX

Dynavax

$9.25

-1.15 (-11.06%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Hot Stocks
Breaking Hot Stocks news story on Dynavax »

Dynavax trading halted,…

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EA

Electronic Arts

$117.60

-0.4 (-0.34%)

07:00
07/28/17
07/28
07:00
07/28/17
07:00
Recommendations
Electronic Arts analyst commentary  »

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  • 03

    Aug

UFS

Domtar

$38.49

0.06 (0.16%)

06:59
07/28/17
07/28
06:59
07/28/17
06:59
Earnings
Domtar reports Q2 EPS 61c, consensus 55c »

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FCAU

Fiat Chrysler

$11.83

-0.07 (-0.59%)

06:59
07/28/17
07/28
06:59
07/28/17
06:59
Periodicals
Fiat Chrysler's Maserati to launch electric model after 2019, WSJ reports »

Fiat Chrysler CEO Sergio…

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VLP

Valero Energy Partners

$45.16

-0.57 (-1.25%)

06:57
07/28/17
07/28
06:57
07/28/17
06:57
Earnings
Valero Energy Partners reports Q2 EPS 69c, consensus 75c »

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  • 28

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ZBH

Zimmer Biomet

$125.44

-3.26 (-2.53%)

06:56
07/28/17
07/28
06:56
07/28/17
06:56
Downgrade
Zimmer Biomet rating change  »

Zimmer Biomet downgraded…

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  • 10

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JCI

Johnson Controls

$40.14

-3.18 (-7.34%)

06:56
07/28/17
07/28
06:56
07/28/17
06:56
Downgrade
Johnson Controls rating change  »

Johnson Controls…

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X

U.S. Steel

$25.00

-1.2 (-4.58%)

06:56
07/28/17
07/28
06:56
07/28/17
06:56
Downgrade
U.S. Steel rating change  »

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MRK

Merck

$63.69

1.89 (3.06%)

06:53
07/28/17
07/28
06:53
07/28/17
06:53
Hot Stocks
Breaking Hot Stocks news story on Merck »

Merck reports Q2 KEYTRUDA…

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VC

Visteon

$111.53

1.56 (1.42%)

06:53
07/28/17
07/28
06:53
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06:53
Downgrade
Visteon rating change  »

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QEP

QEP Resources

$7.93

-1.34 (-14.46%)

06:53
07/28/17
07/28
06:53
07/28/17
06:53
Downgrade
QEP Resources rating change  »

QEP Resources downgraded…

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  • 14

    Aug

MRK

Merck

$63.69

1.89 (3.06%)

06:52
07/28/17
07/28
06:52
07/28/17
06:52
Hot Stocks
Merck CEO Q2 results driven by 'robust momentum for KEYTRUDA' »

"We continued to…

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