(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A chipmaker and a smartphone glass maker were among the stocks being talked about by analysts on Wednesday.
Citi raised its rating on Texas Instruments to buy from neutral. Meanwhile, Mizuho upgraded Corning to outperform, saying the recent pullback in the stock is a buying opportunity. Check out the latest calls and chatter below.
All times ET. 6:03 a.m.
: Another strong quarter for Nvidia ahead, says Raymond James Raymond James is optimistic ahead of Nvidia's second-quarter earnings report on Aug. 28. Despite concerns around the company's speculated delay of its Blackwell platform, analyst Srini Pajjuri believes the impact should be modest.
"We have modeled a modest contribution from Blackwell in FQ3 and expect any delays to drive upside to Hopper GPUs in the short term, which could actually benefit gross margins," Pajjuri said in a client note on Tuesday. Meanwhile, the Spectrum-X Ethernet switch will likely be the key driver of revenue in the near-term, said Pajjuri. The analyst added that there is "no slowdown in AI demand.
" Nvidia has managed to beat on both top and bottom lines in its last four quarters, according to Raymond James. Shares traded 0.8% lower Wednesday before the bell.
— Hakyung Kim 5:47 a.m.: Citi upgrades Texas Instruments Texas Instruments is worth its premium price, Citi said.
The bank upgraded shares t.