Vijay Rakesh

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...

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....

Most underperforming electric vehicle stocks staged a modest comeback in the week that ended on July 21, although market leader Tesla, Inc. (NASDAQ:TSLA) took a tumble as investors shrugged off a second-quarter beat and focused on certain comments from company CEO Elon Musk. Here are the key events...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) rose in early trading on Wednesday after the company held on Tuesday its key Data Center and AI Technologies event. Mizuho Securities On Advanced Micro Devices Analyst Vijay Rakesh reaffirmed a Buy rating while raising the price target from...

Applied Materials, Inc's (NASDAQ: AMAT) quarterly earnings triggered a rally. Mizuho Securities On Applied Materials Analyst Vijay Rakesh maintained a Buy rating while raising the price target from $90 to $115. The company reported healthy revenues and earnings and “guided JanQ to $6...

Technology giant NVIDIA Corporation (NASDAQ: NVDA) beat revenue estimates from analysts and came up short on earnings per share, according to its third-quarter financial results. Here are what analysts are saying after the report: Goldman Sachs analyst Toshiya Hari has a Neutral rating and a price...

Advanced Micro Devices, Inc. (NASDAQ: AMD) Tuesday reported downbeat third-quarter revenues and earnings. Despite the chipmaker warning of a slowdown in PC sales, investors grew optimistic on its share gains from rival Intel Corporation (NASDAQ: INTC) in the data center market. BofA Securities On...

NXP Semiconductors NV (NASDAQ: NXPI) Monday announced mixed third-quarter earnings and downbeat guidance. Raymond James On NXP Semiconductors Analyst Melissa Fairbanks maintained an Outperform rating on the stock. NXP Semiconductors reported “solid” quarterly results, with in-line...

Lam Research Corporation (NASDAQ: LRCX) Wednesday reported a beat and raise quarter but warned of a revenue hit due to U.S. restrictions on China exports. Needham On Lam Research Analyst Quinn Bolton reiterated a Hold rating. Lam Research delivered a beat across the board, driven by CSBG strength,...

Tesla Inc (NASDAQ: TSLA) reported record revenue, operating margins and free cash flow in the third quarter. The company missed analyst revenue estimates. On Thursday, The Street is reacting to the quarterly results — and adjusting price targets down. The Tesla Analysts: Morgan Stanley...

Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate. Here are the key takeaways, according...

Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. BMO Capital Markets Analyst Ambrish Srivastava reiterated an...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares traded lower by 4.3% on Wednesday after the semiconductor giant reported better-than-expected second-quarter numbers but disappointed Wall Street with its third-quarter guidance. AMD reported second-quarter adjusted EPS of $1.05 on revenue of $6.55...

Seagate Technology Holdings PLC (NASDAQ: STX) reported its quarterly revenue at $2.6 billion, down 13% year-on-year, and non-GAAP profits at $1.59 per share, with both metrics below Street expectations. The company’s projection was $1.90 a share. Rosenblatt Securities On Seagate...

Micron Technology, Inc. (NASDAQ: MU) reported third-quarter results after the closing bell on Thursday. Here's what the Street has to say. Wells Fargo On Micron Technology Analyst Aaron Rakers reiterated an Overweight rating and reduced the price target from $115 to $90. Micron Technology...