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Super Micro Updates Fiscal Guidance As Nvidia Shifts, 4 Analysts Provide Perspectives - Super Micro Computer (NASDAQ:SMCI)

Wedbush analyst maintains Super Micro Computer Inc with Neutral rating and raises price target from $530 to $800, citing sales momentum and concerns about margins and competition in AI server market.

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Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth - Nokia (NYSE:NOK)

Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth - Nokia (NYSE:NOK)
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India , United-states , America , Nokia-corp , Network-infrastructure , Nokia , Network-services , North-america , Nokia-technologies , Mobile-networks , Infrastructure-and-real-estate

Despite Revenue Dip, Nokia's Q1 Net Profit and Technology Patents Fuel Growth

Nokia Corp (NYSE:NOK) reported a fiscal first-quarter 2024 net sales decline of 20% year-on-year (19% in constant currency) to €4.67 billion ($5.07 billion), missing the consensus of $5.10 billion. Comparable EPS was $0.10 (€0.09) versus the consensus of $0.06. The reported net profit is €438 million, up from €289 million a year ago. Comparable net profit was €501 million, up from €342 million a year earlier. Network Infrastructure sales declined by 26% year over year in CC due to the weak deman

United-states , India , America , Network-infrastructure , Nokia-corp , Network-services , Nokia , Technology-patents-fuel-growth , North-america , Nokia-technologies , Mobile-networks

Marvell Tech Set for Major Growth with AI Accelerators for Amazon, Google, and Potential Microsoft Deal: Analysts - Marvell Tech (NASDAQ:MRVL)

Analyst reiterates Buy rating on Marvell with $95 PT. Marvell's AI event unveils growth opportunities and new customers. Stock gained 80% in 1 yr.

United-states , American , Quinn-bolton , Spear-alpha , Hans-mosesmann , Google , Broadcom-inc , Marvell-technology-inc , Data-center , Marvell-technology , Accelerated-infrastructure , North-american

Super Micro Boosts Edge Computing with New Intel-Powered IoT and Embedded Systems - Super Micro Computer (NASDAQ:SMCI)

Super Micro Computer unveils new IoT and embedded systems to boost AI performance at the edge, with potential for significant growth and stock gains.

Charles-liang , Supermicro , Super-micro-computer , Intel-atom , Intel-core , Super-micro , Invesco-sp-midcap-momentum , Infrastructure-and-real-estate ,

Ericsson Cuts 1,200 Swedish Jobs Due to Falling Orders - Telefonaktiebolaget L M (NASDAQ:ERIC)

Ericsson to lay off 1,200 employees in Sweden due to decreased demand and cost-cutting measures. Challenges facing European telecom sector.

Sweden , China , Nokia-corp , Bloomberg , Nokia , T-inc , Ericsson , Nvidia-join-forces-to-transform-telecom , Infrastructure-and-real-estate , Defiance-next-gen-connectivity , Nvidia-join-forces

Marvell Leads with First 800 Gbps Optical Module and 3D Silicon Photonics at Tech Showcase - Marvell Tech (NASDAQ:MRVL)

Marvell's OFC 2024 showcase includes groundbreaking 800 Gbps ZR/ZR+ modules with PCS, 3D Silicon Photonics Engine, and 5nm 800 Gbps optical DSP.

San-diego , California , United-states , Marvell-nova , Photonics-sipho , Marvell-teralynx , Spear-alpha , Spica-gen , Marvell-technology-inc , Broadcom , Silicon-photonics-engine , Shannon-limit

Why Is Super Micro Computer Stock Trading Higher Monday? - Super Micro Computer (NASDAQ:SMCI)

JP Morgan initiates coverage on Super Micro Computer Inc (SMCI) with an Overweight rating and $1,150 price target. Analyst expects continued leadership in AI computing market and projects $40 billion revenue opportunity by 2028. SMCI stock up 9.49%.

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