Here are Wednesday's biggest analyst calls: Nvidia, Apple, Micron, SanDisk, IBM, Viking, Yum, Meta & more - CNBC

Wednesday's analyst reports focused on several major technology companies, with NVIDIA, as a leading player in AI chips, receiving significant attention. Analysts generally believe that the rapid deve... Read original →

NVIDIA’s upgraded rating reflects not just AI hype but a structural shift: inference workloads and edge deployment are driving new data center power/thermal constraints, forcing TSMC to scale CoWoS capacity and raising HBM bandwidth thresholds—directly benefiting Micron. However, tightening U.S. export controls on AI chips to China are accelerating domestic alternatives like Huawei’s Ascend, eroding NVIDIA’s pricing leverage in Asia-Pacific. AMD and Intel are countering with MI300 and Gaudi3 ecosystems, betting on open software stacks to win cloud-custom silicon deals. Over the next 18 months, compute-memory co-design will decide winners: if Micron lags Samsung in HBM4 ramp, its cyclical recovery stalls. Meanwhile, Apple’s quiet server-chip ambitions—though masked by consumer focus—could quietly rebalance semiconductor supply chain power.