UBS Starts Celestica Inc. (CLS) at Neutral with $95 Target, Citing Balanced AI Growth Prospects

UBS Starts Celestica Inc. (CLS) at Neutral with $95 Target, Citing Balanced AI Growth Prospects

MatX, a chip-design startup founded by former Google TPU team members, raised $80 million to develop AI-specific chips optimized for large language models. Their goal is to outperform NVIDIA GPUs and meet the rising demand for generative AI chips.

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