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Top related persons:
Peter Richardson - 3 That's - 1 Nomura - 1 CATL - 1 FactSet - 1 Li Auto - 1 Tesla - 1 — CNBC's Michael Bloom - 1
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British Shenzhen Friday's EU Thuringia Hungary — Jiangxi
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CNBC - 2 Apple - 2 Nvidia - 2 Counterpoint Research - 2 Amperex Technology - 1 BMW - 1 Tesla - 1 Union - 1

Search resuls for: "Peter Richardson"


3 mentions found


☆ This EV battery stock has potential double-digit gains ahead. UBS thinks it could even surge 100%
  + stars: | 2023-11-12 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
Nomura has a price target of 315 yuan — for an upside of nearly 67% from Friday's close. Even after trimming their price target on the buy-rated stock, the analysts have a price target of 266 yuan — just over 40% upside from Friday's close. They have a price target of 284 yuan, or 50% upside from Friday's close. More products coming to market The company already has just over a third of the global EV battery market, with more products on the way, according to Counterpoint Research. Li Auto, which reported record deliveries in October that beat out Tesla , is launching its first purely battery-powered vehicle in December — with a new CATL battery called Qilin.
Persons: That's, Nomura, CATL, FactSet, Peter Richardson, Li Auto, Tesla, — CNBC's Michael Bloom Organizations: Amperex Technology, BMW, Tesla, Union, HSBC, Revenue, VW, Mercedes, Benz, EV, Jefferies, Research, Chery, UBS Locations: Shenzhen, Friday's, EU, Thuringia, Hungary, —, Jiangxi
☆ Arm's biggest customers are also backing a rival chip design — here's what you need to know
  + stars: | 2023-09-14 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +4 min
It's called RISC-V, pronounced "risk five" — a rival chip design that is backed by some of Arm's own customers. While analysts told CNBC it's not an immediate threat, Arm itself warned that if it gains traction, it could pose a competitive risk. Arm designs what's known as an instruction set architecture (ISA) for chips known as processors or central processing units (CPUs). RISC-V in recent years has gained support from some of the world's biggest technology companies, many of which are also Arm customers. "Maybe we should have a second source just in case things start not going in our direction, or we have problems with Arm," he added, in reference to the thinking among some Arm customers.
Persons: Dado Ruvic, CNBC it's, Richard Windsor, Peter Richardson Organizations: Reuters, Nasdaq, CNBC, ISA, Apple, Qualcomm, Google, Samsung, Nvidia, Radio Free Mobile, Windsor, Counterpoint Research Locations: British, China
☆ After Nvidia's 200% rally this year, investors look to the Arm IPO — but the two are very different
  + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +3 min
Arm is looking to raise nearly $5 billion from the IPO which would value it at over $50 billion. Arm will be "central" to the transition to AI-enabled computing, the company said in its IPO prospectus. While CPUs are also required in the data center, they're often used in conjunction with a GPU to train data, but not always. Arm's future in AIArm's AI future is unlikely to come from the huge amounts of chips required to train big data models. For this to happen, devices will require low-power but high-performance chips able to carry out the computing required for AI applications.
Persons: Pavlo Gonchar, OpenAI's, Jamie Mills O'Brien, CNBC's, Peter Richardson Organizations: ARM, Reuters, Nvidia, CNBC, Apple, Counterpoint Research Locations: Softbank, British
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