Google ($GOOGL) is developing the "Frozen v2" AI chip for 2028 deployment, while Microsoft ($MSFT) is expanding its partnership with AMD ($AMD) to deploy Helios rack-scale systems by H2 2026. CoreWeave ($CRWV) received a Buy rating from BofA with a $140 price target, and IREN ($IREN) raised its 2026 AI Cloud ARR target to over $4B. Micron ($MU) could potentially repurchase 40% of its shares by 2028 according to UBS, while Morgan Stanley highlighted Nvidia ($NVDA) and Broadcom ($AVGO) as top risk-to-reward picks in the semiconductor space.