Morgan Stanley downgrades its support for AMDTiger'sTroveTrailthe target prices ofTiger'sTroveTrail, dropped from $177 to $176, maintaining an "overweight" rating. The bank pointed out that the company's long-term competition questions with Nvidia still need time to answer. Advanced Micro Semiconductor raised its full-year artificial intelligence business revenue forecast to US$4 billion, in line with market expectations. It also disclosed all positive things, such as the supply chain exceeding expectations, continued expansion of demand and in-depth cooperation with major cloud customers. It also disclosed that there will be new products in the second half of the year. However, the bank is concerned that the market expects too much chip sales, and said that the company has reiterated that not all supply in the current fiscal year will be converted into revenue, and that Nvidia is more aggressive in its approach to B200 chips or forces the company to innovate. The bank is optimistic about Advanced Micro Semiconductor's core business and expects to achieve significant market share growth in customers, servers and field programmable logic gate arrays (FPGAs) in the next 18 months.
