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AMD Doubles Down On Its AI Future. How Analysts See It Measuring Up to Nvidia. -  Barrons

Citi raised its rating on AMD stock to buy from Neutral and his target price on the stock to $136 from $120. He said the new target was based on a price-to-earnings multiple of 40 times AMD’s forecast 2024 earnings, based on its server share gains and AI opportunity.

SoftBank’s Arm Targets $60 Billion Value In September IPO - Bloomberg

Arm has “had a hugely important but behind-the-scenes and not-very-well-understood role for a very long time,” said Bob O’Donnell, president of TECHnalysis Research. “There’s this raised awareness now of what Arm does and the role that it plays.” Arm executives may still be gunning for a valuation of as high as $80 billion, but the odds of achieving such a target are uncertain, but why with the large ecosysten it plays in?

Interesting Take On AI Market Momentum

Cheap AI Chip Stocks That Smart Investors Will Snap Up - InvestorPlace

AI chip stocks can generate strong returns for investors as the technology gains momentum. While some AI chip stocks are flying too close to the sun, these three undervalued AI chip stocks look promising.

Questions Investors Should Be Asking Inception-Stage Generative AI Founders - TechCrunch

We are at the dawn of the generative AI era, similar to the prior PC, web, mobile and cloud eras, which represents a sea of change in how consumers and businesses will interact with technology. However, building successful companies will require a specialized focus from founders. As we meet with many AI-native founders, here are the top five pieces of company-building advice we’re sharing with them.

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