Illumina Partners NVIDIA for Genomic Advancements, ILMN Stock Climbs

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Illumina, Inc. ILMN has announced a collaboration with NVIDIA NVDA to advance technology platforms for analyzing and interpreting multiomic data. By combining advancements in artificial intelligence (...

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By combining advancements in artificial intelligence (...</p>\n\n<a href=\"https://finance.yahoo.com/news/illumina-partners-nvidia-genomic-advancements-122300875.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Illumina Partners NVIDIA for Genomic Advancements, ILMN Stock Climbs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIllumina Partners NVIDIA for Genomic Advancements, ILMN Stock Climbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-16 20:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/illumina-partners-nvidia-genomic-advancements-122300875.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Illumina, Inc. ILMN has announced a collaboration with NVIDIA NVDA to advance technology platforms for analyzing and interpreting multiomic data. By combining advancements in artificial intelligence (...</p>\n\n<a href=\"https://finance.yahoo.com/news/illumina-partners-nvidia-genomic-advancements-122300875.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/illumina-partners-nvidia-genomic-advancements-122300875.html","article_id":"2503606913","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503606913","pubTimestamp":1737030180,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Illumina, Inc.ILMN has announced a collaboration with NVIDIA NVDA to advance technology platforms for analyzing and interpreting multiomic data. By combining advancements in artificial intelligence  with multiomic data at scale, the partnership seeks to optimize the analysis of vast amounts of data involved in multiomic research.The latest development aims to accelerate progress in clinical research, genomics AI development and drug discovery.Following the Jan. 13 announcement, Illumina shares jumped 5.5% to close at $144.22 on Monday. The company has democratized sequencing over the past 20 years, and with the progress in AI and multiomic analysis, it is enabling customers to gain new insights for its applications. This partnership with NVIDIA brings Illumina closer to this vision while enriching its analysis and interpretation tools to enable deeper biological insights and deliver total workflow solutions for customers. As a result, we anticipate that this development will boost mark","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Illumina与NVIDIA合作推进基因组进步，ILMN股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEN":1,"PAHC":1,"ILMN":1,"NVDA":1,"NGS":1,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"Illumina, Inc. ILMN has announced a collaboration with NVIDIA NVDA to advance technology platforms for analyzing and interpreting multiomic data. By combining advancements in artificial intelligence (AI) with multiomic data at scale, the partnership seeks to optimize the analysis of vast amounts of data involved in multiomic research.\nThe latest development aims to accelerate progress in clinical research, genomics AI development and drug discovery.\nILMN Stock’s Trend in Response to the News\nFollowing the Jan. 13 announcement, Illumina shares jumped 5.5% to close at $144.22 on Monday. The company has democratized sequencing over the past 20 years, and with the progress in AI and multiomic analysis, it is enabling customers to gain new insights for its applications. This partnership with NVIDIA brings Illumina closer to this vision while enriching its analysis and interpretation tools to enable deeper biological insights and deliver total workflow solutions for customers. As a result, we anticipate that this development will boost market sentiment toward ILMN stock.\nIllumina presently has a market capitalization of $21.65 billion. The Zacks Consensus Estimate implies a staggering 377.9% earnings growth for the company in 2024 year over year. It delivered an earnings beat of 432.8%, on average, in the trailing four quarters.\nImportance of Illumina’s New Partnership\nIllumina's leading sequencing technology, as well as its menu of DRAGEN-powered multiomics offerings, genomics AI tools and Illumina Connected Analytics platform, has streamlined genomic data generation and analysis. The company has invested in AI for genomic interpretation, developing the leading SpliceAI, PrimateAI-3D and Emedgene xAI algorithms. The new partnership will leverage Illumina’s sequencing technology and informatics tools alongside NVIDIA's leading AI technology, to accelerate drug discovery and clinical development, delivering powerful tools to help pharmaceutical companies identify new and better drug targets.\nImage Source: Zacks Investment Research\nIn the first phase of the collaboration, Illumina and NVIDIA will work toward enabling DRAGEN algorithms on NVIDIA GPUs. Bringing Illumina DRAGEN to NVIDIA accelerated computing will expand the accessibility of Illumina multiomics analysis. The two companies will also work to incorporate NVIDIA's image processing and single-cell tertiary analysis tools onto the Illumina Connected Software multiomics module.\nFurthermore, Illumina will look to expand its customer offerings with models developed by the NVIDIA Biology Foundation Model Research Team and partners. Customers will also be able to leverage these models with their own proprietary datasets to improve the performance for biologically relevant tasks of interest, such as cell state or gene transcription prediction.\nIndustry Prospects Favor Illumina\nThe global multiomics market was valued at $2.35 billion in 2023 and is expected to grow at a compound annual rate of 15.3% by 2030, according to a Grand View Research report.  Key factors driving the market’s growth are the increasing demand for single-cell multiomics and advancements in omics technologies. Moreover, the categories, such as genomics, proteomics, metabolomics and transcriptomics are gaining momentum for healthcare purposes.\nMore Updates From Illumina\nIn a separate release, Illumina has announced a pilot proteomics program in collaboration with deCODE Genetics, Standard BioTools, Tecan, GSK, Johnson & Johnson and Novartis. The program will analyze 50,000 UK Biobank samples using Illumina's upcoming proteomics assay, Illumina Protein Prep, powered by SOMAmer technology — a next-generation sequencing (NGS)-based solution that will help scale access to proteomic insights.\nThe program is expected to generate a new collection of high-quality, NGS-based proteomics data for the research community and pharma partners to advance biological insights.\nILMN Stock Price Performance\nIn the past year, ILMN shares have gained 2% against the industry’s decline of 15.4%.\nIllumina’s Zacks Rank and Key Picks\nIllumina currently carries a Zacks Rank #3 (Hold).\nSome better-ranked stocks in the broader medical space are Penumbra PEN and Phibro Animal Health PAHC. Each sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.\nPenumbra shares have gained 1.8% in the past year. Estimates for the company’s 2024 earnings per share have remained constant at $2.81 in the past 30 days. PEN’s earnings beat estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 10.54%. In the last reported quarter, it posted an earnings surprise of 23.19%.\nEstimates for Phibro Animal Health’s fiscal 2025 earnings per share have remained constant at $1.62 in the past 30 days. Shares of the company have surged 83% in the past year compared with the industry’s 9.3% rise. PAHC’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 25.47%. In the last reported quarter, it delivered an earnings surprise of 52.17%.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nIllumina, Inc. (ILMN) : Free Stock Analysis Report\nPhibro Animal Health Corporation (PAHC) : Free Stock Analysis Report\nPenumbra, Inc. (PEN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2503606913"}