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Cathie Wood's Ark Invest Bucks Trend, Trims 2 Major Chip Stocks Ahead Of Q4 Results: Profit-Taking Or Portfolio Shift?
Tuesday, January 23, 2024 - 7:35am | 525Read More...Semiconductor stocks have experienced a resurgence in recent sessions, rebounding from a slow start to the year as investors anticipate robust quarterly results. In a surprising move, money manager Cathie Wood‘s Ark Investment Management trimmed positions in two major chip...
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TSMC Stock Set For 18% Upside? Analyst Says Chipmaking Giant 'More Likely To Beat And Raise In An Upcycle'
Friday, January 19, 2024 - 5:39am | 497Read More...Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) surged nearly 10% on Thursday following an optimistic outlook from the foundry. Needham analyst Charles Shi believes there’s more room for growth, maintaining a Buy rating and raising the...
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Apple, Nvidia Supplier TSMC Records 19% Q4 Profit Drop But Exceeds Market Expectations
Thursday, January 18, 2024 - 3:38am | 562Read More...The world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), experienced a 19% decrease in its fourth-quarter net profit, largely due to the global economic downturn affecting chip demand. Despite this, the company’s performance exceeded market...
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Nvidia Is Cheapest Route To Invest In AI, Says Bernstein Analyst, After Stock Triples In A Year
Thursday, January 18, 2024 - 2:22am | 667Read More...The sky-high valuations of NVIDIA Corp (NASDAQ:NVDA) may give investors pause, but according to a senior analyst, the chipmaker’s stock will continue to soar. What Happened: Despite concerns about Nvidia’s high valuations, Bernstein’s senior analyst Stacy Rasgon told CNBC on...
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Cathie Wood Halts Coinbase Sell-Off Amid Bitcoin ETF Buzz, Jumps Back Into This Chip Giant After 5-Year Hiatus With $8M Investment
Tuesday, January 9, 2024 - 5:43am | 636Read More...Cathie Wood‘s Ark Investment Management refrained from selling shares of the cryptocurrency exchange Coinbase Global, Inc. (NASDAQ:COIN) on Monday, after offloading the stock in all four sessions of the previous week. What Happened: Wood’s Ark Invest has...
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US Chip Giants AMD, NVIDIA, Qualcomm Start 2024 With Decline After Stellar Performance Last Year
Wednesday, January 3, 2024 - 9:47pm | 644Read More...U.S. chip stocks have begun 2024 with a decline, following a remarkable performance in the previous year, which marked the best surge since 2009. What Happened: Major chip companies such as Advanced Micro Devices Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), and Broadcom Inc (NASDAQ:AVGO) saw a...
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Why AMD Stock Is Pulling Back In Premarket Today
Wednesday, November 1, 2023 - 6:40am | 266Read More...Advanced Micro Devices, Inc. (NASDAQ:AMD) shares fell nearly 2% in premarket trading on Wednesday after the chipmaker disappointed investors with a lukewarm fourth-quarter outlook. The Santa Clara, California-based chipmaker reported above-consensus third-quarter non-GAAP earnings per share and...
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Apple's 'Scary Fast' Event Underwhelms Analysts, Leads To Question Of Timing Ahead Of Q4 Earnings
Tuesday, October 31, 2023 - 1:12pm | 621Read More...Technology giant Apple Inc (NASDAQ:AAPL) highlighted several new products and company announcements at its Monday "Scary Fast" event. The event, which comes after the iPhone 15 unveiling, showed off new MacBooks, the iMac upgrade and M3 chips. Here's a look at what analysts are saying in reaction...
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Will Nvidia Shares Weather Market Storm? Analyst Cuts Price Target By $100 On More China Chip Curbs But Sees Strong 2023 Finish
Friday, October 20, 2023 - 5:54am | 594Read More...Amidst broader market fluctuations in August and September, and concerns triggered by fresh U.S. restrictions on chip sales to China, Nvidia Corp. (NASDAQ:NVDA) saw its shares pull back from their $500-plus highs. In anticipation of the upcoming semiconductor earnings season,...
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High-Flier Nvidia Could Rally Another 70% On 'Extremely Strong' AI Data Center Demand, Says Analyst
Tuesday, October 3, 2023 - 4:20am | 619Read More...Nvidia Corp. (NASDAQ:NVDA) has been on a remarkable rally, surging over 200% year-to-date. Analyst John Vinh from KeyBanc Capital Markets believes there’s still room for more growth in the coming year. Price Target Boost: Vinh, maintaining an Overweight...
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Apple Wonderlust Event Puts iPhone 15 Suppliers, Competitors In Spotlight: 8 Stocks To Watch
Tuesday, September 12, 2023 - 12:47pm | 656Read More...Technology giant Apple Inc (NASDAQ: AAPL) has a major event called Wonderlust on Tuesday to highlight the company’s next product cycle. The company is expected to show off its new iPhone 15 and share details on the Apple Watch item line. Here’s a look at some stocks of...
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Here's How Much The Wealth Of Nvidia CEO Jensen Huang Has Grown In 2023
Thursday, August 24, 2023 - 12:24pm | 457Read More...Semiconductor giant NVIDIA Corporation (NASDAQ: NVDA) continued its huge 2023 with second-quarter financial results that beat analysts’ expectations. With the strong quarterly results and a surging stock price, the wealth of Nvidia co-founder and CEO Jensen Huang rises. What Happened:...
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Nvidia Impresses Analysts With 'Back-To-Back Miraculous Quarters': Are Estimates Too Modest?
Thursday, August 24, 2023 - 11:30am | 1024Read More...Semiconductor and technology company NVIDIA Corporation (NASDAQ: NVDA) reported second quarter financial results after market close Wednesday that beat analysts’ estimates. Analysts reacted to the quarter beat and updated guidance from the company. The NVDA Analysts: Goldman Sachs analyst...
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Intel's Q2 Results Get Mixed Reactions From 4 Analysts: 'AI Contribution Remains Modest'
Friday, July 28, 2023 - 11:02am | 685Read More...Analysts are diving into the second quarter financial results reported by Intel Corporation (NASDAQ: INTC) Thursday after market close. Here are the key takeaways from the second quarter and the future of Intel. The Intel Analysts: Bernstein analyst Stacy Rasgon had a Market Perform rating and...
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Intel Rallies On Q2 Earnings Beat, CEO Says Chipmaker 'Well-Positioned' In AI
Thursday, July 27, 2023 - 4:28pm | 457Read More...Semiconductor company Intel Corp (NASDAQ: INTC) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Intel reported second-quarter revenue of $12.9 billion, which was down 15% year-over-year. The revenue came in ahead of a Street...















