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Phillip Securities Downgrades Nvidia Stock

Phillip Securities has revised its recommendation for NVIDIA Corporation , downgrading the rating from Buy to Accumulate. This decision stems from recent price movements in Nvidia’s stock, even as the firm raised its target price slightly to $160 from $155. Analyst Yik Ban Chong noted that Nvidia’s fiscal Q3 2025 results met expectations, with revenue exceeding guidance by 8% and PATMI showing a remarkable 109% year-over-year growth.

Despite the downgrade, Phillip Securities maintained its fiscal year 2025 revenue and PATMI forecasts, increasing its 2026 projections by 5% and 7%, respectively. Key drivers include strong data accelerator platform growth and Nvidia’s robust gross margin outlook for the upcoming Blackwell chips.

Bernstein’s Bull-Case for Apple: $290 Target

Bernstein analysts suggest a bullish trajectory for Apple , projecting a possible $290 stock value based on key factors such as steady revenue growth, improving margins, and disciplined capital returns. Apple’s extensive ecosystem of over 2.3 billion devices and one billion unique users is a cornerstone of its valuation.

Bernstein envisions accelerated product replacement cycles, driven by AI integration and large language model advancements, potentially starting in fiscal year 2026. Seasonal trading patterns also play a role, with pullbacks to $200 seen as buying opportunities. EPS growth to $9 by FY26 underpins the firm’s bullish target.

Nvidia’s Success Reflects Positively on TSMC, Says BofA

Bank of America analysts link Nvidia’s strong performance to positive prospects for Taiwan Semiconductor Manufacturing . Nvidia’s rapid data center GPU advancements, particularly its Hopper and Blackwell chips, are expected to bolster demand for TSMC’s advanced nodes.

BofA highlights ongoing AI-driven demand exceeding supply and TSMC’s plans to address its Chip-on-Wafer-on-Substrate (CoWoS) bottleneck, with production expected to double by late 2025. As AI models become more complex, TSMC is seen as pivotal in meeting these demands.

SMCI: Key AI Player, Delisting Risk Reduced

Super Micro Computer Inc. shares rallied this week after the company addressed NASDAQ compliance issues with a new audit firm and a detailed compliance plan. Analysts from Lynx Equity Strategies view delisting as highly unlikely, citing SMCI’s importance in the AI data center market and its leadership in liquid-cooled GPU servers.

Lynx set a $45 price target and anticipates a potential short squeeze, fueled by reduced delisting risk and market optimism.

Raymond James Upgrades HPE to Strong Buy

Hewlett Packard Enterprise received an upgrade to Strong Buy from Raymond James, driven by optimism surrounding HPE’s AI platform strategy and its ability to separate traditional servers from AI-based solutions. AI server sales are expected to grow significantly, from $4.1 billion in FY24 to $7.4 billion by FY26, supported by enterprise adoption and sovereign network demand.

The firm expects steady financial performance and sees HPE as a key player in AI-focused networking solutions, contributing to its broader AI growth basket.