Broadcom is drawing fresh institutional investor enthusiasm as demand is expected to shift in the artificial intelligence chip race. Analysts at Macquarie Equity Research launched coverage with an Outperform rating, citing the company’s dominance in application-specific integrated circuits (ASICs), reports Barron’s. Broadcom, a California-based chipmaker, holds roughly three-quarters of the ASIC market. Analysts Arthur Lai and Paul Golding note that while Nvidia GPUs have been the undisputed leader in AI computing, demand for ASIC chips is projected to explode as more firms move beyond AI training and into workload execution. “While ASIC requires longer design cycles and significant up-front investment,…
Author: CapitalAI Daily Team
Fundstrat’s head of research, Tom Lee, says the Federal Reserve’s next move could unleash a powerful rally across crypto and tech stocks, including the AI trade. In a new CNBC interview, Lee says the bull cycle remains intact and the artificial intelligence trade has more room to run to the upside. The veteran strategist frames the moment as mid-cycle for the bull market, comparing it to past episodes when the Fed took a long pause before easing. He pointed to September 1998 and September 2024 as playbooks for what could unfold when policymakers cut rates after long pauses. “So I’m…
Goldman Sachs is pointing to three areas of technology it believes are positioned for growth as artificial intelligence reshapes the industry. In a new podcast episode, Darren Cohen, co-head and chief investment officer of Growth Equity within Goldman Sachs Asset Management, says AI is creating new competitive advantages in software and opening decade-long runways in finance and infrastructure. Cohen notes that SaaS (software-as-a-service) companies are absorbing AI faster than expected and will benefit from the new tools. “At least from what we see, I think we take maybe a slightly more balanced view, is I don’t think SaaS is dead.…
Citigroup is betting big on artificial intelligence, giving nearly a quarter of a million staff access to new tools as CEO Jane Fraser predicts the technology will fundamentally change how banks operate. In a Bloomberg interview, Fraser says she thinks AI would fundamentally transform productivity at Citi. The executive says AI is already boosting productivity across the organization, with early use cases spreading from coding to compliance. She adds that the rollout is broad-based, affecting almost all of Citi’s global workforce. “We have a set of tools that almost all of our 240,000 employees have, around the world access, to.…
A top tech strategist is pointing investors toward a stock that has been red-hot as of late, which he says could ride the AI inference eruption. Futurum CEO Daniel Newman says on X that IREN Limited (IREN) is poised to benefit from the imminent shift in AI market emphasis, from training to inference. IREN Limited is a renewable-powered data center operator pivoting from Bitcoin mining into GPU-dense AI cloud services. With secured power capacity, Nvidia partnerships, and infrastructure tailored for inference workloads, it is in a solid position to ride the AI inference boom. “Mentioned IREN for the first time…
SpamGPT has surfaced on underground forums as an all-in-one spam and AI-powered phishing toolkit, marketed by cybercriminals as a breakthrough for email-based attacks. Cybersecurity researchers at Varonis warn that the platform mimics enterprise marketing software but is weaponized for phishing and malware delivery. By combining generative AI with automated campaign tools, SpamGPT is being advertised as a “game-changer” for attackers. The interface resembles a commercial email marketing dashboard, complete with campaign management, deliverability testing, and analytics. Unlike legitimate platforms, SpamGPT provides modules for spoofing, bulk SMTP imports, and inbox monitoring, which are features designed to maximize phishing effectiveness. “This platform…
Tesla could be on the path to a $2 trillion valuation as artificial intelligence reshapes its business model, according to the billion-dollar asset manager Wedbush Securities. In a new research note circulating on X, Dan Ives, the global head of tech research at the $5.7 billion wealth manager, says the electric carmaker is entering one of the most important phases in its history as the AI revolution drives new opportunities in autonomous vehicles. He says the Robotaxi rollout is a turning point for the electric vehicle maker. “Investors are starting to see through the near-term demand issues for Tesla and…
An AI stock is attracting fresh attention from Wall Street as banking giants reassess its role in the artificial-intelligence supply chain. Citi, JPMorgan Chase, Wells Fargo, and Rosenblatt Securities have all raised their price targets on Micron Technology (MU). Micron Technology is a longtime leader in computer memory and storage and has now emerged as a key player in the AI industry. The company is focusing on high-performance products such as high bandwidth memory (HBM), which are critical for powering AI accelerators and data centers. In a research note, Citi reiterates its buy rating on MU and lifted its price…
Tech stock strategist Shay Boloor says the market has entered a new phase where the AI trade is no longer just a feature but the foundation of a new economy. The chief market strategist at tech-focused research firm Futurum Equities says on X that a group of stocks will emerge as the winners of the next phase of what he calls an “AI-driven economy.” “We’re not in an ‘AI feature’ cycle anymore; we’re in an AI economy. Stage one was provisioning — GPUs, fabs, scaffolding. Stage two is utilization — turning that capex into tokens, tasks, and outcomes. The debate…
BlackRock is making a major bet on Britain’s data center market, committing hundreds of millions of dollars to a venture that will target underused facilities as demand for AI infrastructure accelerates. The world’s largest asset manager plans to invest as much as £500 million ($678 million) in a new venture called Digital Gravity Partners, reports Bloomberg. The move comes as BlackRock chief executive Larry Fink prepares to join US President Donald Trump on a state visit to the UK, where billions in cross-border investments are expected to be unveiled. The project starts with a site in west London, run with…