Company Developments - Bloom Energy announced a $5 billion partnership with Brookfield Asset Management to develop AI infrastructure, resulting in a 27% increase in its stock price [2][3] - Seagate's price target was raised from $160 to $240 by Wells Fargo, reflecting a 50% adjustment due to increased demand for near-line HDDs and a path to over 40% gross margin [5][6] - Western Digital's price target was increased from $95 to $150, with an overweight rating, as the company focuses on its 4 TB per hour capabilities and potential capacity expansion [7][8] Market Reactions - Nvidia and AMD saw stock increases of 2.8% and 2.4% respectively following price target hikes [9] - Intel was downgraded by Bank of America from neutral to underperform, maintaining a price target of $34, citing challenges in competitive outlook and lack of an AI strategy [10][11] - Texas Instruments was also downgraded from neutral to underperform, with a price target reduction from $208 to $190, due to concerns over global tariffs impacting demand [12]