Latest news with #HCLTech
Yahoo
2 days ago
- Business
- Yahoo
AMD Stock Is in the ‘Middle of a Historic Run.' Is It Too Late to Buy Shares Here?
Momentum around semiconductor stocks is running high, and Advanced Micro Devices (AMD) is back in the spotlight. This follows a new partnership with HCLTech aimed at speeding up AI and cloud innovation. Wall Street has taken notice. Just this week, Melius Research upgraded AMD to 'Buy' and hiked its price target to $175, citing the company's strengthening position in AI inferencing and the potential for a sustained rally as new products hit the market. Other analysts have followed suit, pointing to AMD's narrowing gap with Nvidia (NVDA) and its expanding customer base in high-growth segments like AI and cloud computing. Ditch Big Tech and Buy These 3 Popular Stocks in 2025 Instead Dear Nvidia Stock Fans, Watch This Event Today Closely Can Broadcom Stock Hit $400 in 2025? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. With AMD stock in the middle of what some are calling a 'historic run,' the question on every investor's mind is clear: After such a meteoric rise, is it too late to jump in — or is the best yet to come? Advanced Micro Devices (AMD) has built a strong reputation in high-performance and adaptive computing, making CPUs, GPUs, and custom chips that power everything from cloud data centers to gaming consoles and AI systems. Over the past 52 weeks, shares are down 9%, but since the start of this year, they've bounced back and are up more than 18%. Right now, AMD trades at a forward price-earnings ratio of about 43.7x, much higher than the sector average of 22x, and its trailing P/E is above 47x. These numbers show investors are paying a premium for AMD, but the company's financial results help explain why. In the first quarter of 2025, AMD brought in $7.4 billion in revenue, up 36% from last year. This was mostly because of strong demand in the Data Center segment, which grew 57% thanks to solid EPYC CPU and Instinct GPU sales. The Client segment also did well, with revenue up 68% on the back of the latest Ryzen processors, while the Gaming and Embedded segments had more mixed results. Gross margins stayed healthy at 50% on a GAAP basis and 54% non-GAAP, and net income reached $709 million GAAP, with earnings per share of $0.44. AMD's next phase is being shaped by more than just new chips. The company's partnership with HCLTech is a good example, with both companies working together to speed up digital change for big businesses using advanced AI, digital, and cloud tools. At its 2025 Advancing AI event, AMD made its AI goals clear by showing off an open, rack-scale AI system based on industry standards and launching the Instinct MI350 Series accelerators. The company's plans now reach beyond 2027, showing it wants to stay a leader in AI hardware and software for years to come. The growing ROCm ecosystem and new rack-scale designs show AMD is serious about being a big part of future AI progress. The deeper partnership with Infobell IT Solutions uses AMD's Instinct GPUs and EPYC CPUs to deliver AI and high-performance computing products for businesses. This collaboration not only boosts AMD's credibility in the AI space, but also positions the company to capture more of the growing enterprise AI market, reinforcing AMD's transition from a pure-play chipmaker to a key enabler of digital transformation, which could be a powerful catalyst for the stock's next leg higher. For the second quarter of 2025, AMD expects revenue to come in around $7.4 billion, give or take $300 million. Analysts are looking for earnings per share of $0.35, which is down from $0.50 in the same quarter last year. Melius Research recently upgraded AMD from 'Hold' to 'Buy' and raised its price target to $175. Analysts point to AMD's stronger outlook in AI and the rising potential of its GPUs for AI inferencing. Melius believes the upcoming MI400 processor could make a big difference, and the firm sees a lot of excitement building for AMD's GPU sales from 2026 through 2028, which could help the stock move even higher. Overall, 42 analysts give AMD a consensus 'Moderate Buy' rating, with an average price target of $133.73. This is lower than its current trading price. If AMD reaches the $175 target set by Melius, that would mean a roughly 23% gain from where it is now. AMD's historic run is fueled by real momentum in AI and data center growth, but with the stock already trading above most analyst targets, new buyers need to weigh the premium price against the company's ambitious roadmap. If AMD delivers on its AI promises and upcoming product launches, there's still room for upside, especially with heavyweights like Melius eyeing $175. Still, at these levels, it's a bet on execution and continued market excitement. For investors, it's less about catching up and more about believing AMD's best chapters are still being written. On the date of publication, Ebube Jones did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Time of India
2 days ago
- Business
- Time of India
HCL Tech Share Price Live Updates: HCL Tech Trading Activity
27 Jun 2025 | 08:48:25 AM IST Stay up-to-date with the HCL Tech Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on HCL Tech, including: Last traded price 1724.1, Market capitalization: 467863.0, Volume: 2971055, Price-to-earnings ratio 26.9, Earnings per share 64.08. Get a comprehensive understanding of HCL Tech with our coverage of both fundamental and technical indicators. Stay informed about breaking news that can have a significant impact on HCL Tech's performance. Our expert opinions and recommendations empower you to make well-informed investment choices. Trust the HCL Tech Stock Liveblog to keep you informed and equipped in the dynamic market landscape. The data points are updated as on 08:48:24 AM IST, 27 Jun 2025 Show more
Reuters
2 days ago
- Business
- Reuters
Indian shares set to open higher on optimism over foreign inflows, global cues
June 27 (Reuters) - India's benchmark indexes are likely to open higher on Friday, extending the strong gains seen in the last three sessions, driven by optimism over foreign inflows and positive global sentiment. The Gift Nifty futures traded at 25,718.5 points as of 7:20 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will open above its previous close of 25,549 points. The Nifty and BSE Sensex (.BSESN), opens new tab have risen about 2.3% in the last three sessions on the back of easing Middle East tensions, while a rally in banking and Reliance Industries ( opens new tab shares ahead of the earnings season also helped. Foreign investors bought Indian shares worth 125.9 billion rupees ($1.5 billion) on Thursday, as per provisional data. This was their biggest single-day buying in India in nine months. Apart from improving domestic earnings growth prospects, a weak dollar and falling U.S. Treasury yields also likely supported strong foreign flows. The MSCI's broadest index for Asia-Pacific stocks outside Japan (.MIAPJ0000PUS), opens new tab rose 0.2% on Friday to hit its highest levels since November 2021 on expectations of an early rate cut by the U.S. Federal Reserve and reports of a U.S.-China agreement on rare earth shipments. Meanwhile, multiple news reports, opens new tab said U.S. President Donald Trump could extend his upcoming self-imposed tariff pause deadlines. ** HCLTech ( opens new tab expands partnership with Salesforce for enterprise adoption of agentic AI with new services ** Hitachi Energy India ( opens new tab receives order to supply 765 KV transformers to Power Grid Corporation ( opens new tab
Time of India
2 days ago
- Business
- Time of India
HCLTech shares in focus after expanding Salesforce partnership for agentic AI
HCLTech shares will be in focus on Friday after the company announced an expanded partnership with cloud major Salesforce to drive enterprise adoption of agentic artificial intelligence ( AI ) solutions. In an exchange filing on Thursday, HCLTech said the partnership aims to accelerate the use of autonomous AI agents via Salesforce Agentforce across industries such as financial services, healthcare, retail, and manufacturing. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Earlier this week, HCLTech also announced a strategic alliance with AMD to support enterprise digital transformation globally. Under the partnership, joint development centres will test advanced technologies and conduct proof-of-concept evaluations to speed up innovation in AI, digital, and cloud solutions . Additionally, the IT firm recently entered into a long-term agreement with European energy major to support its product-based transformation using advanced cloud and AI technologies. As part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major hyperscalers. The collaboration will leverage HCLTech's AI Force platform to scale automation and enhance cloud maturity. Also Read: HDB Financial Services IPO: Should you subscribe? Here's what brokerages say HCLTech also secured an engineering services contract with Swedish truck maker Volvo Group. The company will support Volvo's future engineering initiatives from its Automotive Centre of Excellence in Gothenburg, as well as from its global offshore and nearshore delivery centres. Also Read: These 10 multibagger penny stocks surged 200-570% in last 1 year. Do you own any? HCLTech share price target According to Trendlyne data, the average target price for HCLTech is Rs 1,670, suggesting a potential downside of around 3% from current levels. Among the 44 analysts tracking the stock, the consensus rating is 'Hold'. HCLTech shares closed 0.4% higher at Rs 1,723.7 on the BSE in Thursday's trade. While the stock has gained 19% over the past 12 months, it remains down 10% so far this year. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ETMarkets WhatsApp channel )
Economic Times
2 days ago
- Business
- Economic Times
HCLTech shares in focus after expanding Salesforce partnership for agentic AI
HCLTech shares will be in focus on Friday after the company announced an expanded partnership with cloud major Salesforce to drive enterprise adoption of agentic artificial intelligence (AI) solutions. ADVERTISEMENT In an exchange filing on Thursday, HCLTech said the partnership aims to accelerate the use of autonomous AI agents via Salesforce Agentforce across industries such as financial services, healthcare, retail, and manufacturing. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Earlier this week, HCLTech also announced a strategic alliance with AMD to support enterprise digital transformation globally. Under the partnership, joint development centres will test advanced technologies and conduct proof-of-concept evaluations to speed up innovation in AI, digital, and cloud solutions. Additionally, the IT firm recently entered into a long-term agreement with European energy major to support its product-based transformation using advanced cloud and AI technologies. As part of the deal, HCLTech will build a new private cloud and manage global cloud and network infrastructure across major hyperscalers. The collaboration will leverage HCLTech's AI Force platform to scale automation and enhance cloud maturity. Also Read: HDB Financial Services IPO: Should you subscribe? Here's what brokerages say HCLTech also secured an engineering services contract with Swedish truck maker Volvo Group. The company will support Volvo's future engineering initiatives from its Automotive Centre of Excellence in Gothenburg, as well as from its global offshore and nearshore delivery centres. ADVERTISEMENT Also Read: These 10 multibagger penny stocks surged 200-570% in last 1 year. Do you own any? According to Trendlyne data, the average target price for HCLTech is Rs 1,670, suggesting a potential downside of around 3% from current levels. Among the 44 analysts tracking the stock, the consensus rating is 'Hold'. ADVERTISEMENT HCLTech shares closed 0.4% higher at Rs 1,723.7 on the BSE in Thursday's trade. While the stock has gained 19% over the past 12 months, it remains down 10% so far this year. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
