Saudi Aramco Signs 34 Deals Worth $90 Billion With US Companies
Super Micro Computer (SMCI.US) secured a large order from DataVolt, but Goldman Sachs reiterated a 'Sell' rating against the trend.
On Wednesday, Goldman Sachs Analyst Michael Ng maintained a "Sell" rating on Super Micro Computer, with a Target Price of $24.
CNBC Daily Open: Trump's Deals Help Nvidia Become the Latest 'Magnificent Seven' Stock to Pare Losses
Bernstein Maintains NVIDIA(NVDA.US) With Buy Rating, Maintains Target Price $185
Fast growth, but also significant losses, the guidance is disappointing, "NVIDIA's favorite child" Coreweave saw a sharp decline after its first Earnings Reports.
CoreWeave's revenue surged 420% year-on-year in the first quarter to 0.98 billion dollars, with net losses widening from 0.13 billion dollars in the same period last year to 0.31 billion dollars. The company stated that customer demand is accelerating, expecting minimal impact from tariffs, but revenue and capital expenditures this year may be "unstable," with an expected annual revenue growth rate of 190%, which is less than half of the first quarter growth rate.
South Korea Taps Hewlett-Packard Enterprise for Next-Gen Supercomputer Build
