Nvidia’s(NASDAQ:NVDA) B200 GPUs are selling faster than the company can make them. Wedbush’s Matt Bryson and Antoine Legault spent a couple of weeks in Asia and came back saying B200s are perpetually back-orderedeven though Nvidia is cranking up production. Interestingly, they’re prioritizing GB200s for the likes of supercomputing outfits, cloud builders and sovereign data centers,…
Wedbush is still bullish on Palantir Technologies Inc. (NASDAQ:PLTR), keeping its Outperform rating and $120 price target, despite recent market turbulence. Analysts are doubling down on Palantir’s position as a leader in the AI race, with its AI-driven products (AIP) playing a major role in its future growth. The company’s gross profit margin of 80.25%…
Two major investment firms upgraded price targets on Monday, ushering in a 4% boost for Tesla (TSLA, Financial) shares. Wedbush increased the Tesla price target to $515, a 15% upside from Friday’s close. The firm also believes that Tesla’s autonomous driving and AI advancements could be a big opportunity, given that the incoming Trump administration…
Apple’s (AAPL, Financials) “renaissance of growth has begun,” according to Wedbush Securities, as sales of the iPhone 16 in China surged 20% year over year in the first three weeks of its launch. With Apple 16 Pro and Pro Max sales up 44% compared to last year’s iPhone 15, Wedbush emphasized the strength of Apple’s…