Analysts Offer Insights on Financial Companies: Pintec Technology Holdings (NASDAQ: PT) and Pennantpark $ (NYSE: PFLT)We raised our ASIC estimates in our Nov12 Note but see potential for near-term upside for AVGO's ASIC ahead of 12/11 earnings. Key points: 1) We would note GOOG offering TPU capacity to META in 2026E, with potential to spend "$Bs" on installing TPUs in META DCs in 2027E - positive AVGO (Link, Ex-1), with tailwinds from recent Anthropic partnership (Link), 2) NVDA demand (Ex-3) to remain strong, as evidence by recent guide (Link) and Blackwell sold out reiteration of $500B target through 2026E, 3) Increasing TPU penetration positive for LITE as OCS ramps, and 4) MU continues to see HBM ramp, as recent spot prices (Ex-4) continue to be strong potentially driving upside to FebQ guide. Raising our LITE PT to $325 (prior $290) as it remains a key GCP partner, benefiting from TPU ramps; AVGO remains our TOP PICK, while we remain positive on NVDA.