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Nvidia Said To Be Tripling Production of World's Hottest AI Chip for 2024 — But Will Supply Chain Snags Bite?
Wednesday, August 23, 2023 - 3:08am | 761Read More...As the global tech sector grapples with supply chain disruptions, NVIDIA Corporation (NASDAQ:NVDA) has reportedly made a bold move to triple the production of its highly sought-after H100 AI processor for the year 2024. This strategic response comes as supply chain challenges...
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Jim Cramer Dives Deep Into Nvidia's 'Really Incredible' Monday Surge: What Stock's Short Interest Looks Like Ahead Of Q2 Print
Tuesday, August 22, 2023 - 5:43am | 461Read More...Nvidia Corp. (NASDAQ:NVDA) shares rallied over 8% on Monday, thanks to positive analysts' commentaries concerning its second-quarter results due on Wednesday. The stock settled Monday's session up 8.47% at $469.67, according to Benzinga Pro data, taking the year-to-date gain to over 221%. What...
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'Godfather Of AI' Jensen Huang And Nvidia Will Offer Bullish Outlook To Fuel Tech Rally 'Into Rest Of Year,' Says Analyst
Monday, August 21, 2023 - 6:39am | 475Read More...Nvidia Corp.'s (NASDAQ:NVDA) second-quarter earnings report is the closely-watched tech event of the week, according to Wedbush analyst Daniel Ives. Key To Market Recovery: “This is one of the most important earnings weeks of the year with the ‘Godfather of AI’ CEO Jensen Huang...
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'Unmatched' Nvidia To Blow Past Q2 Estimates On AI Boost, Suggests Analyst: 'We See Limited Competitive Risks'
Monday, August 21, 2023 - 3:36am | 564Read More...Chipmaker Nvidia Corp. (NASDAQ:NVDA) is among three chipmakers that are set to release their quarterly results this week, and an analyst at KeyBanc Capital Markets is upbeat about the company's performance. Nvidia's fiscal year 2024 second-quarter report will drop in on Wednesday after the market...
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GlobalFoundries Stock Drops After Weak Q3 Guidance; Topline Declines Over 7% In Q2
Tuesday, August 8, 2023 - 12:38pm | 334Read More...GlobalFoundries Inc (NASDAQ: GFS) reported a second-quarter FY23 revenue decline of 7.4% year-on-year to $1.85 billion, beating the consensus of $1.83 billion. Adjusted EPS of $0.53 beat the consensus of $0.51. The adjusted gross margin expanded by 160 bps to 29.6%, and the...
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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...
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Intel Q2 Earnings Preview: Earnings Estimates, What Analysts Are Saying And Why AI Is Still The Biggest Topic Of Discussion
Thursday, July 27, 2023 - 11:49am | 1008Read More...Semiconductor company Intel Corporation (NASDAQ: INTC) is set to report second quarter financial results after market close Thursday. Here are the key points to watch. Earnings Estimates: Intel is expected to report second-quarter revenue of $10.97 billion, according to analyst estimates data from...
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Ahead Of Semiconductor Earnings, Analysts Expect AI To Serve As 'Shining Pillar' To Guide Through Muted Chip Demand
Monday, July 24, 2023 - 12:25pm | 1267Read More...The tech earnings season gets started in earnest this week and besides AI-levered bellwether stocks such as Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Microsoft Corp (NASDAQ:MSFT), the Street's focus will also rest on a few large and mid-cap semiconductor and semi-equipment earnings on tap....
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Chip-Chip, Hooray: Nvidia, AMD Lead Semiconductor Rally Premarket
Tuesday, July 11, 2023 - 7:56am | 362Read More...Shares of chipmakers are heading northwards in premarket trading on Tuesday, led by Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD). KeyBanc Capital Markets analyst John Vinh raised the price targets for several companies in the space, citing strong AI data center...
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Cathie Wood's Ark Pours $3.3M More Into This Chipmaker Amid AI Frenzy: Here Are Other Major Monday Trades
Tuesday, July 11, 2023 - 1:45am | 474Read More...Cathie Wood's Ark Investment Management bulked up on a couple of stocks on Monday when the broader market staged a rebound amid hopes of seeing tame June inflation data. Splurging On TSMC: Ark, through its Ark Autonomous Technology & Robotics ETF (CBOE: ARKQ) picked up 32,896 shares of Taiwan...
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Semiconductor Winners And Losers Are Growing Apart: Analyst's Top 10 Stock Picks Including Nvidia, Qualcomm, Texas Instruments
Friday, July 7, 2023 - 11:48am | 666Read More...Through the first six months of 2023, many top stock indexes were trading higher, which came after a down year in 2022. One of the most talked about topics in stocks was artificial intelligence, which boosted the spotlight and valuation of semiconductor stocks. Here’s what one analyst...
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Cathie Wood's Ark Trims Nvidia Stake By $2.7M To Load Up On Rival Chip Stock: Here Are Other Big Ticket Buys From Wednesday
Thursday, July 6, 2023 - 2:43am | 425Read More...Cathie Wood's Ark Investment Management continued to shed shares of Nvidia Corp. (NASDAQ:NVDA) amid Wall Street’s concerns that the chipmaker's valuation is now stretched following the AI-induced rally. Chip Pair Trade: Ark's Ark Autonomous Technology & Robotics ETF (CBOE: ARKQ) sold 6,...
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China Restricts Exports Of Semiconductor Metals In Latest Escalation Of Battle With US Over AI Tech
Monday, July 3, 2023 - 3:43pm | 577Read More...In what is seen as a significant countermove to the U.S. and others’ restrictions on high-end chips and chip-making equipment sales to China, Beijing has declared export restrictions Monday on products and materials containing gallium and germanium, potentially escalating an ongoing...
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Nvidia Insiders Continue To Sell Shares After Hitting All-Time Highs, $1 Trillion Market Cap: What Investors Should Know
Thursday, June 15, 2023 - 8:03pm | 702Read More...One of the best-performing stocks of the year is Nvidia Corporation (NASDAQ: NVDA), a semiconductor company seeing strong interest in its artificial intelligence capabilities. While shares have soared, several insiders are cashing out. What Happened: Nvidia reported first-quarter financial results...















