Ltrx stock forecast recent conference call notes influence

Recent conference call notes influence the LTRX stock forecast positively, as management confirmed two major OEM partnerships. Contract-based revenue streams are expected to boost Q4 topline by 12% sequentially. OpenAI's approach to fostering collaborative partnerships instead of competing directly with tech giants makes it an exceptional model. Macquarie's Fred Havemeyer (lead software equity research analyst) praised GPT 4 for its "emotional intelligence". The growing demand for AI chips, exemplified by OpenAI's use of over 1.7 trillion parameters in its GPT 4 model, will further help NVIDIA and other AI chip manufacturers grow. $LTRX insiders have traded $LTRX stock on the open market 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales. LTRX stock forecast trend correlation with SOXX semiconductor ETF suggests macro chip cycle strength will remain a tailwind. Longer-term models see fair value closer to $5.75 if growth targets are met.