Latest news with #Mac
Yahoo
33 minutes ago
- Business
- Yahoo
DELL's CSG Revenues Rise: Is an Improving PC Market the Catalyst?
Dell Technologies DELL AI prospects remain strong, with AI expanding from major cloud service providers to large-scale enterprise deployments and edge computing with Technologies is a prominent PC maker and is expected to benefit from the recovering demand driven by the PC-refresh cycle. The company is benefiting from the Windows 11 PC refresh cycle as many enterprise customers upgrade to new AI-capable Windows 11 devices, driving strong demand in the commercial segment. In the first quarter of fiscal 2026, CSG revenues were $12.50 billion, up 5% year over year. DELL is also benefiting from an expanding partner base that includes NVIDIA, Microsoft, Meta Platforms and Imbue. In March, Dell Technologies and NVIDIA expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. Dell Technologies recently partnered with Lowe's to enhance customer and associate experiences by deploying advanced AI and PC technologies. Using Dell AI Factory with NVIDIA and high-performance Dell devices, Lowe's is optimizing inventory, improving asset protection, and streamlining store operations across its network. In March 2025, Dell Technologies and NVIDIA also expanded their AI Factory collaboration, introducing new AI PCs, infrastructure, software, and services to accelerate enterprise AI adoption across various scales. Dell Technologies suffers from stiff competition in the PC market from the likes of HP HPQ and Apple AAPL. HPQ is benefiting from a sustained focus on launching new and innovative products. The growing interest in generative artificial intelligence-enabled PCs, along with Windows 11 upgrades and a probable PC refreshment cycle, is likely to drive fresh demand for PCs in growing interest in generative AI-enabled PCs might give a fresh boost to HP's PC demand in the years ahead. The company forecasted that 40-60% of all PCs will be AI PCs in the next three years. To make the most of the growing opportunities in this category, HP has launched several AI PCs this year and plans to continue to expand its AI PC Mac business is benefiting from strong demand for M4, M4 Pro, and M4 Max chips. In March 2025, Apple expanded its Mac portfolio with the new MacBook Air powered by the M4 chip with up to 18 hours of battery life and a new 12MP Center Stage camera. DELL's shares have risen 1.1% year to date, underperforming the broader Zacks Computer & Technology sector's return of 1.6%. Image Source: Zacks Investment Research DELL stock is trading at a premium, with a forward 12-month Price/Sales of 0.77X compared with the Computer & Technology sector's 6.36X. DELL has a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for second-quarter fiscal 2026 earnings is pegged at $2.26 per share, which has increased 11.5% in the past 30 days. This indicates a year-over-year increase of 19.58%. Dell Technologies Inc. price-consensus-chart | Dell Technologies Inc. Quote The consensus mark for fiscal 2026 earnings is pegged at $9.43 per share, which increased 6.91% in the past 30 days. This suggests 15.85% year-over-year currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report HP Inc. (HPQ) : Free Stock Analysis Report Dell Technologies Inc. (DELL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
3 hours ago
- Business
- Miami Herald
Analysts reboot Micron Technology stock price target ahead of earnings
An elephant might never forget but Micron Technology (MU) has more storage space. The Boise, Idaho, company makes memory and storage chips for data centers, computers and smartphones, and its client list includes such tech-sector superstars as AI-chip chieftain Nvidia (NVDA) , Mac and iPhone maker Apple (AAPL) , Facebook parent Meta Platforms (META) and software kingpin Microsoft (MSFT) . Don't miss the move: Subscribe to TheStreet's free daily newsletter Make no mistake, there's money in memories, and we're not just talking about those singing cats on Broadway. "After the historic downturn of 2022–2023, the memory industry has entered a phase of strong recovery. In 2024, memory revenue reached a record $170 billion," according to market researcher Yole Group. "This rebound was fueled by AI-training requirements in data centers, with [high-bandwidth memory) playing a pivotal role due to its premium pricing and performance advantages," the firm added. HBM continues to outperform the broader DRAM chip segment, Yole Group said. This year HBM revenue is set to nearly double to around $34 billion. Micron is a key player in the HBM market, offering solutions like HBM3E and HBM4 designed for high-performance computing and AI company recently joined the Trump administration to unveil plans to expand its U.S. investments to about $150 billion in domestic memory manufacturing and $50 billion in research and development, creating an estimated 90,000 direct and indirect jobs. More Tech Stocks: Amazon tries to make AI great again (or maybe for the first time)Veteran portfolio manager raises eyebrows with latest Meta Platforms moveGoogle plans major AI shift after Meta's surprising $14 billion move "Micron's U.S. memory manufacturing and R&D plans underscore our commitment to driving innovation and strengthening the domestic semiconductor industry," Chairman, President and CEO Sanjay Mehrotra said in a statement. The company's shares are up nearly up nearly 45% this year and off 16% from this time in 2024. Investment firms have been issuing research reports for Micron Technology ahead of its fiscal-third-quarter earnings report, scheduled for June 25. Wedbush boosted its price target on Micron to $150 from $130 while maintaining an outperform rating. The firm said memory-pricing trends turned more positive in the second quarter. And while Wedbush said it doesn't see as significant an inflection in Q3 as it had been expecting back in March, the firm said pricing for both DRAM and NAND, which are two types of semiconductor memory, "still will lift over the next couple of quarters." Better fundamentals are driven by stronger enterprise/server demand, which started around April and looks to hold through the rest of the year, Wedbush said. Demand for both AI and standard workloads appears better than might have been initially anticipated, it said. "Moreover, we view growing [high-bandwidth memory] requirements as not just positive for MU's numbers but also ultimately positive for industry dynamics as [capital spending] and clean-room space are reallocated to support HBM growth," Wedbush said. Related: Analysts rework Micron stock price targets after earnings This will limit the likelihood of too much supply of NAND/DRAM, and it increases the probability that production of more standard parts will trail demand. That, the firm said, would create a more positive pricing/margin cycle vs. what is embedded in its expectations, the firm said. Morgan Stanley maintained an equal-weight rating and $98 price target on Micron, given how much the stock has rallied already, according to The Fly. But the investment firm is "tactically bullish," given that AI spending is materially accelerating as Micron grows its participation. The investment firm, which notes that its estimates remain 20% above consensus for August-quarter earnings, also highlights Sandisk, which it likes better long term and on which it has an overweight rating. Based in Milpitas, Calif., Sandisk designs and produces flash-memory products, including memory cards, USB flash drives and solid-state drives. Consensus numbers have started to come up for Micron over the past few weeks, but in addition to Morgan Stanley being about 20% above consensus for August earnings per share, the firm is also 14% above for November after it raised estimates six weeks ago. Related: Fund-management veteran skips emotion in investment strategy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Time of India
5 hours ago
- Time of India
Apple SVP Craig Federighi reveals why the iPad won't become a Mac says: ‘It's a bad idea…'
Apple's senior vice president of software engineering, Craig Federighi recently answered one of the most asked questions by Apple fans, whether the iPad and Mac should ever merge into a single device. Federighi humorously answered using a memorable analogy: "We don't want to build sporks." Speaking to MacStories' Federico Viticci in an interview, Federighi explained Apple's philosophy behind not merging the two popular Apple products. "Someone said, 'If a spoon's great and a fork's great, then let's combine them into a single utensil, right?' It turns out it's not a good spoon and it's not a good fork. It's a bad idea. And so we don't want to build sporks," Federighi said. This analogy clearly explains Apple's belief that merging the two devices or operating systems will compromise the strengths of the devices and will also make the product less useful. Federighi further explained that Apple's main aim is to make both iPad and Mac excel in their respective areas and the company does not want the iPad to displace a Mac. "The Mac lets the iPad be iPad," he stated, highlighting that the existence of a robust Mac ecosystem allows the iPad to remain focused on its touch-first, immersive, and simple interface. He also said that this time the iPadOS 26 introduced many useful and improved features such as new windowing engine and desktop-like features, but these features are designed to cater to the needs of a broader range of iPad users. The main focus is to improve the capabilities of an iPad without compromising on its identity. Federighi also talked about the growth of multitasking functionality in the iPadOS. He described evolution as a multi-year journey of experimentation. He added that if Apple had introduced traditional Mac-like menu bars on the iPad, developers might have designed their apps differently, which could have compromised the iPad app ecosystem. While the two platforms can "be inspired by elements of the Mac" and vice-versa, Federighi firmly believes that a full merger would lead to a messy, confusing, and ultimately inferior user experience . Apple remains committed to its strategy of offering distinct devices optimized for different use cases, rather than a "compromise" solution that attempts to be all things to all people. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
9 hours ago
- Business
- Time of India
Apple eyes using AI to design its chips, technology executive says
Apple is interested in tapping generative artificial intelligence to help speed up the design of the custom chips at the heart of its devices, its top hardware technology executive said in private remarks last month. Johny Srouji , Apple's senior vice president of hardware technologies, made the remarks in a speech in Belgium, where he was receiving an award from Imec, an independent semiconductor research and development group that works closely with most of the world's biggest chipmakers. In the speech, a recording of which was reviewed by Reuters, Srouji outlined Apple's development of custom chips from the first A4 chip in an iPhone in 2010 to the most recent chips that power Mac desktop computers and the Vision Pro headset. He said one of the key lessons Apple learned was that it needed to use the most cutting-edge tools available to design its chips, including the latest chip design software from electronic design automation (EDA) firms. The two biggest players in that industry - Cadence Design Systems and Synopsys - have been racing to add artificial intelligence to their offerings. "EDA companies are super critical in supporting our chip design complexities," Srouji said in his remarks. "Generative AI techniques have a high potential in getting more design work in less time, and it can be a huge productivity boost." Srouji said another key lesson Apple learned in designing its own chips was to make big bets and not look back. When Apple transitioned its Mac computers - its oldest active product line - from Intel's chips to its own chips in 2020, it made no contingency plans in case the switch did not work. "Moving the Mac to Apple Silicon was a huge bet for us. There was no backup plan, no split-the lineup plan, so we went all in, including a monumental software effort," Srouji said.
Tom's Guide
10 hours ago
- Tom's Guide
ChatGPT Record quietly rolled out for Pro users — here's why I think free accounts could get voice messages soon
OpenAI has quietly rolled out a new 'Record' mode for ChatGPT — but for now, it's limited to Pro, Enterprise, and Edu users on the macOS desktop app. The new feature lets you tap a microphone icon and record a short voice message instead of typing. It's a small change, but one that enables ChatGPT to support users as a true voice assistant, making it faster and more conversational than ever. With Record mode, users simply speak their question, and ChatGPT will generate a response based on their audio input. A quick transcription of what you said also appears on screen, keeping the interaction clear and easy to follow. This is a briefer experience, not a full voice conversation like ChatGPT Voice, but it is designed for quick queries on the desktop. Currently limited to Mac users on the ChatGPT app — and only those on a Pro paid plan. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. But I wouldn't be surprised to see it expand to mobile apps and free accounts in the near future. Why? It fits perfectly into OpenAI's larger strategy of making ChatGPT more multimodal; now it further combines voice, vision and text in one experience to support a seamless AI assistance. And let's not forget the competition: Google Gemini Live already supports real-time voice interaction across Android and iOS. If OpenAI wants ChatGPT to match that level of usability — especially on mobile — bringing Record mode to more users makes a lot of sense. Since OpenAI launched ChatGPT Voice for mobile, which I have tested and found incredibly useful, the next logical step is Record mode. However, ChatGPT Record is different, similar to AI transcription apps. It's fast, lightweight, and well-suited for quick interactions when you don't want a full back-and-forth conversation. With multimodal capabilities now a key battleground in the AI assistant space, I'd expect OpenAI to continue expanding features like Record. Giving free-tier users a taste of these tools helps build loyalty and could drive upgrades to paid plans. For now, if you're using ChatGPT Pro, Enterprise, or Edu on a Mac, look for the new mic icon next to the chat box to try Record mode. If you're not on a paid plan, keep an eye out; this is one feature that could be making its way to the broader ChatGPT user base sooner than we may think.
