Nand Kishor Contributor

Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc... ...

Follow on

Nand Kishor is the Product Manager of House of Bots. After finishing his studies in computer science, he ideated & re-launched Real Estate Business Intelligence Tool, where he created one of the leading Business Intelligence Tool for property price analysis in 2012. He also writes, research and sharing knowledge about Artificial Intelligence (AI), Machine Learning (ML), Data Science, Big Data, Python Language etc...

3 Best Programming Languages For Internet of Things Development In 2018
13 days ago

Data science is the big draw in business schools
186 days ago

7 Effective Methods for Fitting a Liner
196 days ago

3 Thoughts on Why Deep Learning Works So Well
196 days ago

3 million at risk from the rise of robots
196 days ago

Top 10 Hot Artificial Intelligence (AI) Technologies
215043 views

Here's why so many data scientists are leaving their jobs
75429 views

Want to be a millionaire before you turn 25? Study artificial intelligence or machine learning
68460 views

2018 Data Science Interview Questions for Top Tech Companies
59061 views

Google announces scholarship program to train 1.3 lakh Indian developers in emerging technologies
56883 views

Intel to rally more than 20% as it makes strides with artificial intelligence, analyst predicts

Nov 14, 2017 | 4893 Views

Barclays reiterates its overweight rating and raises its price target for Intel shares, predicting the chipmaker will thrive in multiple secular growth markets.

"Intel has a better position in the AI inference market than they get credit for, which we expect to begin to play out in 2018," the firm's analyst writes in a note to clients Monday.

Investors should not overlook Intel's artificial intelligence prowess, according to one Wall Street firm.

Barclays reiterated its overweight rating and raised its price target for Intel shares, predicting the chipmaker will thrive in multiple secular growth markets.

The company's shares are roughly flat midday Monday after the report.

"Intel has a better position in the AI inference market than they get credit for, which we expect to begin to play out in 2018," analyst Blayne Curtis wrote in a note to clients Monday.

Intel is the market leader in CPUs [central processing units], while Nvidia dominates the GPU [graphics processing units] chip industry.

The company has an "unappreciated advantage vs. GPUs... While a GPU can show performance advantages vs. a CPU in a controlled favorable setting, a CPU offers a greater ease of use and better real world performance" for AI applications.

Curtis increased his price target for Intel shares to $55 from $45, representing 21 percent upside to Friday's close.

The analyst noted Intel's Skylake chip platform doubled machine learning performance.

"We expect large improvements in future generations as that workload takes off," he wrote.

The analyst is also optimistic on the company's acquisition of Mobileye, a leader in autonomous driving technology solutions and Intel's wireless modem business.

"With the PC market stabilizing and a declining piece of the overall mix, we believe DCG [Intel's data center group] can increasingly drive top-line growth along with other diversification initiatives," he wrote. "We also look for a rotation into Intel as it is one of the cheapest names in the large cap semi space."

Intel's stock is up 26 percent year to date through Friday compared with the S&P 500's 15 percent gain.

Source: CNBC