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AMD

SMCI

Supermicro, Inc. (NASDAQ: SMCI) has announced three new GPU server additions to its H13 generation, featuring AMD Instinct MI300 Series accelerators. These servers are designed for AI and HPC applications, offering significant performance improvements and efficiency. The new systems include an 8-GPU server with MI300X OAM configuration, a 2U liquid-cooled server, and a 4U air-cooled server, both with MI300A APUs. Supermicro's manufacturing capabilities allow for the delivery of 4,000 liquid-cooled racks per month, and the new servers are optimized for large-scale AI training and LLM deployments. The servers feature AMD EPYC 9004 series processors, high-bandwidth memory, and support for 400G Ethernet.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:02 pm

BXMT

Muddy Waters Research, led by Carson Block, has taken a short position on Blackstone Mortgage Trust Inc (BXMT), predicting a significant dividend cut and potential liquidity crisis starting in 2024 due to $16 billion of interest rate swaps ending. Muddy Waters estimates losses could reach $2.5 to $4.5 billion, potentially wiping out BXMT's market cap. Blackstone Mortgage refuted the claims, citing a strong liquidity position. BXMT's stock dropped 6.09% following the announcement.

Portfolio Pulse from Adam Eckert

December 06, 2023 | 8:02 pm

AMD

DELL

HPE

LNVGY

META

MSFT

ORCL

AMD showcased its growing momentum in AI solutions at the 'Advancing AI' event, with industry leaders adopting its new Instinct MI300X and MI300A data center AI accelerators. AMD also launched ROCm 6 software stack and Ryzen 8040 Series processors for AI PCs. Partners like Microsoft, Meta, Oracle, Dell, HPE, Lenovo, and Supermicro are integrating AMD's AI technologies. Microsoft plans to use AMD Instinct MI300X for Azure VMs, Meta for data center AI inferencing, and Oracle for OCI and AI services. Dell, HPE, Lenovo, and Supermicro announced integration plans for AMD Instinct MI300 accelerators. AMD also highlighted the software ecosystem support with ROCm 6 optimized for generative AI and large language models. OpenAI will add support for AMD Instinct accelerators to Triton 3.0. AMD's Ryzen AI 1.0 Software was launched, and the next-gen 'Strix Point' CPUs with XDNA 2 architecture were announced for 2024.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:01 pm

AMD

AMD announced the new Ryzen 8040 Series mobile processors, enhancing its mobile PC offerings with improved AI capabilities. The processors, expected to be available in Q1 2024 from OEMs like Acer, Asus, Dell, HP, Lenovo, and Razer, feature up to 1.6x more AI processing performance. The Ryzen AI 1.0 Software is also released, enabling easier deployment of machine learning models on AI PCs. The Ryzen 9 8945HS processor boasts up to 64% faster video editing and 77% faster gaming performance compared to competitors. The processors support advanced LPDDR5 memory and are optimized for Windows 11, including security features and AI applications like background blur and noise cancellation.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 8:01 pm

MRVL

Marvell Tech (NASDAQ:MRVL) has delivered an average annual return of 8.91% over the past 20 years, outperforming the market by 1.42% annually. A $100 investment in MRVL stock 20 years ago would be worth $528.76 today. The company's current market capitalization stands at $43.96 billion.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 8:00 pm

CRM

Salesforce (NYSE:CRM) has delivered an impressive average annual return of 25.94% over the past 15 years, turning a $1000 investment into $28,989.59 today. With a current market capitalization of $242.60 billion, the company has significantly outperformed the market.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 8:00 pm

HOOD

Robinhood Markets' stock (HOOD) is trading higher following the company's release of positive monthly customer metrics for November 2023.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 7:57 pm

AAL

ALK

DAL

ERJ

JETS

LUV

SNCY

ULCC

Airline stocks have entered a bull market phase, with the U.S. Global Jets ETF (JETS) surging over 20% since early November. Despite a mid-July dip due to rising oil prices and economic slowdown fears, the sector shows a 40% discount from pre-pandemic levels, indicating room for growth. Hawaiian Holdings (HA) led the rally with a 220% increase after Alaska Air Group's (ALK) takeover. Other contributors include Southwest Airlines (LUV), Delta Air Lines (DAL), American Airlines (AAL), Sun Country Airlines (SNCY), Frontier Group Holdings (ULCC), and Embraer (ERJ). The International Air Travel Association (IATA) forecasts a positive outlook for 2024, with strong demand and revenue growth, although profitability challenges persist.

Portfolio Pulse from Piero Cingari

December 06, 2023 | 7:54 pm

LGHL

Lion Group Holding Ltd. (LGHL) shares have risen following the announcement of improved financial results for the first half of the year, compared to the same period in the previous year.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 7:50 pm

VRA

Small Cap Consumer Research analyst Eric Beder has reaffirmed a Buy rating on Vera Bradley (NASDAQ:VRA) and increased the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 7:49 pm