10 AI News Updates You Should Not Miss

8. Alpha & Omega Semiconductor Limited (NASDAQ:AOSL)

Number of Hedge Fund Holders: 13

Alpha & Omega Semiconductor Limited (NASDAQ:AOSL) makes power semiconductor products. On February 6, Benchmark raised the firm’s price target on the stock to $42 from $40 and kept a “Buy” rating on the shares. The analyst told investors that fiscal Q2 results were better than expected, but the June quarter revenue outlook is about 2% lower than analyst expectations. The gross profit margin is also driving a miss on the bottom line. Naturally, there has been a negative share reaction after the print, but the firm remains confident in the company’s opportunity to participate across the full Nvidia (NVDA) Blackwell product family. Therefore, it recommends “buying the dip” in Alpha & Omega shares.