For Micron, 2024’s AI payoff could be very nice The rise of “high-bandwidth memory” as an enabler for “generative artificial intelligence” presages a very strong DRAM market for Micron Technology next year, which could help its shares outperform the broader market. $MU $INTC
@tiernanraytech
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Alteryx transformation, Adobe buybacks, and semiconductor tools outlook
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Sell-Side most interesting: Lessons of Alteryx, Adobe’s buybacks, chip-making’s leading edge Alteryx’s transformation succumbs to reality, Adobe can now buy back more stock after losing Figment, your best bet in semiconductor tools is KLA, and the clouds are finally parting
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MongoDB CEO: Thriving Despite Big Tech Dominance
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Please enjoy my interview with MongoDB CEO Dev Ittycheria MongoDB CEO: ‘We've earned investors' confidence’ Software maker MongoDB is a rare thing, a database company that has thrived despite the dominance of Microsoft, Oracle, and IBM. Continued growth, says CEO Dev
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Intel CEO Claims Nvidia’s AI Moat Shallow and Small
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Intel CEO Gelsinger: Nvidia’s moat is shallow and small Intel CEO Pat Gelsinger at the Nasdaq on Thursday. He has sped up Intel’s chip-making, meeting deadlines ahead of schedule. Now, he believes the AI market will be broad enough to accommodate lots of competition to the
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Google Launches Gemini Pro in AI Studio and Vertex AI
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Google makes Gemini Pro available in AI Studio, Vertex AI tool Google’s Duet AI tool also becomes generally available and will get Gemini access “over the next few weeks.” https://
zdnet.com/article/google
-makes-gemini-pro-available-in-ai-studio-vertex-ai-tools/
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Robots and AI Hardware Lead Sell-Side Investment Outlook
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Sell-side most interesting: Cheers for Robots and Intel, telecom equipment sucks Evercore says we need robots more than ever as labor shrinks, Intel has rising prospects, according to Raymond James, Applied Materials can ride the resurgence of DRAM, says Cowen, and Merrill Lynch
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Oracle’s Cloud Growth Slows Despite Executive Optimism
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Oracle’s cloud computing gains still fail to dazzle The hyperbole of Oracle CFO Safra Catz and CTO Larry Ellison — “huge demand,” “unlimited demand” — cannot make up for slowing growth in revenue, even as the company’s cloud business continues to hum along. Perhaps Oracle is
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Google Gemini obscures AI technology details from public scrutiny
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Google’s Gemini continues the dangerous obfuscation of AI technology Google’s Gemini project discloses almost no relevant technical details, hiding from society what’s happening in the cloud. https://
zdnet.com/article/google
s-gemini-continues-the-dangerous-obfuscation-of-ai-technology/
… @GoogleDeepMind @GoogleAI -
GitLab CFO: AI Becoming Commodity Helps Distribution
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Please enjoy my interview with GitLab CFO Brian Robins. GitLab CFO: AI becoming a commodity helps us tremendously “Most of the people actually creating generative AI don't have a distribution channel […] We sit at the epicenter of where those people are making the models, and
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AMD MI300X Chip Challenges Nvidia in AI Performance
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AMD shares slip: Is just as good as Nvidia good enough? At AMD’s special artificial intelligence event in San Francisco on Friday, CEO Lisa Su made the case the company’s “MI300X” chip is strong competition for Nvidia given that it can perform inference tasks just as fast as