Artificial Intelligence▲2
Zacks highlights AMD, Lam Research, Cisco in top analyst reports
Zacks Research Daily features new research reports on 16 major stocks, including Advanced Micro Devices, Lam Research and Cisco Systems, as well as two micro-cap stocks Perma-Pipe International Holdings and AstroNova. AMD is benefiting from rising AI infrastructure deployments that lift demand for EPYC server CPUs and Instinct accelerators, with Data Center revenue growing 57% year over year in the first quarter of 2026. Lam Research is seeing AI-driven increases in demand for deposition and etch tools, and management lifted its calendar year 2026 WFE outlook. Cisco reported third-quarter fiscal 2026 revenue of $15.8 billion, up 12% year over year, and raised expected fiscal 2026 AI orders to $9 billion. The micro-cap reports note that Perma-Pipe International is well-positioned to benefit from rising infrastructure spending, while AstroNova recently agreed to be acquired by Arcline Investment Management in an all-cash transaction valued at $29.00 per share.