19 Trending AI Stocks on Latest Analyst Ratings and News

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4. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 219

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. Latest reports indicate that the company has chosen Arista Networks to provide the networking for a massive AI model training cluster that will be powered by over 100,000 GPUs. Meta will use NVIDIA H100 GPUs for the cluster that features $2 billion worth of chips. It will train the Llama 4 large language model. Investment advisory Evercore ISI claims the deal would represent a $250 million revenue opportunity for Arista Networks.

This AI monetization by Meta Platforms, Inc. (NASDAQ:META) has been appreciated by analysts on Wall Street. Tigress Financial recently raised the price target on the stock to $645 from $575 and kept a Strong Buy rating, noting that the increasing cash flow of the firm was enabling ongoing investments in artificial intelligence initiatives that drive increasing user engagement, better content, and a more effective advertising experience.

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