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Nasdaq 100 Inclusion A 'Small Near-Term Positive' For AMD, RBC Says
Tuesday, December 18, 2018 - 1:30pm | 391Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) has been riding high on its product innovation, and shares received a further boost from a Dec. 14 announcement that the company will be added to the Nasdaq 100 Index. The Analyst RBC Capital Markets analyst Mitch Steves has a Buy rating on AMD with a...
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Nvidia Bounces Back After News Of Potential SoftBank Sale
Wednesday, December 12, 2018 - 11:50am | 447Read More...NVIDIA Corporation (NASDAQ: NVDA)'s stock bounced back after a weak Tuesday close following reports major shareholder SoftBank is planning to sell its stake in the company early in 2019. Analysts say recent weakness in Nvidia shares is a buying opportunity for long-term investors. No final...
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Nvidia Q3 Earnings Preview: Analysts Forecast Data Center, Gaming, Automotive Performance
Wednesday, November 14, 2018 - 4:31pm | 836Read More...At a time when tech stocks have entered a rough patch amid broader market volatility, NVIDIA Corporation (NASDAQ: NVDA) is gearing up to release its fiscal 2018 third-quarter results Thursday, Nov. 15 after the market close. The Headline Numbers Analysts, on average, expect the company to report...
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The Tech Giants That Are Hiring For Blockchain Positions
Tuesday, February 13, 2018 - 2:24pm | 650Read More...Investors and analysts remain polarized about where cryptocurrncy prices are headed long-term, but a number of experts agree that the underlying blockchain technology driving bitcoin and other cryptos could be a major economic driver for decades to come. Instead of gambling on cryptocurrency...
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What A Possible AMD-Tesla Deal Means For Nvidia
Thursday, September 21, 2017 - 9:38am | 508Read More...Tesla Inc (NASDAQ: TSLA) is reportedly working with chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) to develop chips for driverless vehicles that incorporate artificial intelligence technology. While the partnership is certainly good news for AMD investors, shares of NVIDIA Corporation (NASDAQ...
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Chips And Cryptocurrencies: A Match Made In Tech Heaven?
Wednesday, June 28, 2017 - 3:30pm | 456Read More...There are plenty of reasons for investors to love chip makers NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD), such as their roles in the high-growth fields of gaming and artificial intelligence. But the exploding popularity of cryptocurrencies such as bitcoin and...
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Nvidia At CES: 3 Big Announcements Leave Investors With 5 Major Questions
Thursday, January 5, 2017 - 12:34pm | 417Read More...Providing takeaways from the Consumer Electronics Show, RBC Capital Markets delved on the three major items unveiled by NVIDIA Corporation (NASDAQ: NVDA) and five key investor questions. 3 Big Announcements Analysts Mitch Steves and Amit Daryanani noted that Nvidia announced a partnership with...
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RBC Is Bullish On Brocade Following Possible Sale News
Tuesday, November 1, 2016 - 11:14am | 376Read More...RBC Capital upgraded Brocade Communications Systems, Inc. (NASDAQ: BRCD) to Outperform from Sector Perform after Bloomberg reported that the company is in advanced talks to sell itself to Broadcom Ltd (NASDAQ: AVGO). “We think that Brocade makes sense as a strategic asset to the right...
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Microsemi Takeover 'Would Be Early,' But Co. Could Become M&A Asset 'Shortly'
Monday, October 24, 2016 - 3:40pm | 439Read More...RBC Capital Markets thinks Microsemi Corporation (NASDAQ: MSCC) is definitely a takeover candidate. However, it should approach a leverage of 3.0 or lower. Therefore, the firm thinks it would be early to conclude any possible deal pointing out the current leverage of 3.7x. Analysts Mitch Steves and...
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Why Plexus' Analyst Day Was 'Largely Bullish'
Thursday, June 9, 2016 - 3:38pm | 321Read More...RBC Capital Markets analysts Mitch Steves, Jae Cho, Amit Daryanani and Jeriel Ong have termed analysts day as largely a bullish one as far as Plexus Corp. (NASDAQ: PLXS) is concerned. The company took this stance mainly because of three reasons: 1. The focus on 12 percent long-term revenue growth...
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Cisco Investors Are Curious About A $20 Billion Tax Holiday For Buybacks And M&A, But Will It Happen?
Tuesday, April 19, 2016 - 4:59pm | 346Read More...Cisco Systems, Inc. (NASDAQ: CSCO) would benefit from a potential tax holiday as it could unlock $20 billion in repatriation tax to focus on M&A, dividends or share repurchases, according to a note from RBC Capital Markets. Mitch Steves said 97 percent of Cisco's $59 billion plus cash...
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RBC's Semiconductor Team Just Picked This Mid-Cap As Its Top Pick
Thursday, February 25, 2016 - 11:05am | 218Read More...RBC Capital Markets’ Mitch Steves upgraded the rating for Microsemi Corporation (NASDAQ: MSCC) from Outperform to Top Pick, while raising the price target from $45 to $46. Microsemi is among the few semiconductors companies having a valuation that is close to its 2008-2009 trough level,...










