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Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.
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Microsoft’s Ignite Conference
Microsoft Corporation (NASDAQ:) unveiled a series of new AI products at its Ignite conference. Among the notable announcements are AI Copilots for Azure and Service.
The Redmond-based tech titan is also working on internally designed semiconductors tailored for both AI and general-purpose workloads.
“Microsoft continues to be a first mover in bringing generative AI to customers, and the progress highlighted at Ignite today affirms our outlook that the company can continue to capitalize on the expanding opportunity it has in front of them,” Barclays analysts said.
Nvidia’s new super chip
NVIDIA Corporation (NASDAQ:) announced the new HGX H200 AI accelerator, which is an upgrade to the current H100.
Bank of America analysts reiterated a Top Pick designation on Nvidia stock following the announcement. They highlight that H200 is…
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