|Bid||15.09 x 4000|
|Ask||15.10 x 1800|
|Day's Range||14.54 - 15.74|
|52 Week Range||9.04 - 17.34|
|PE Ratio (TTM)||99.54|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.75|
Trump just smashed the epic chip stock rally to pieces. The Philadelphia Semiconductor Index, commonly known as the SOX Index, cratered 4% on Monday as Trump ratcheted up trade war rhetoric with key partners globally. Viewed as a leading indicator by many market watchers, the SOX Index is comprised of 30 or so companies mostly involved in the design, distribution, manufacture, and sale of semiconductors.
U.S. stocks are on track for their biggest loss in more than two months Monday as reports that the Trump administration may limit technology exports and foreign investment are hurting tech companies. Tariffs by the U.S. on tens of billions of dollars in imports from China, and retaliatory taxes by China on U.S. goods, are set to take effect in less than two weeks. The Wall Street Journal and Bloomberg News reported that the administration is planning to limit exports of some high-tech products to China, and will limit investment in technology firms by companies with substantial Chinese ownership.
The semiconductor space has been one of the best sectors in the market over the past few years. Top semiconductor stocks like Nvidia (NASDAQ:NVDA) have soared. The iShares PHLX Semiconductor ETF (NASDAQ:SOXX) has tripled in the past five years.
According to the company, Intel discovered a past consensual relationship with another Intel employee. Stranger still is the fact that Intel stock initially rose on the news, opening up almost 2% before reversing.
Analysts at Nomura Instinet downgraded shares of the Santa Clara, California-based semiconductor manufacturer from buy to neutral, highlighting weakness due to a new CEO search, alongside existing issues such as a prolonged move to next-generation chip manufacturing technology. Last week, Intel announced the resignation of its former leader due to his alleged infraction of the firm's nonfraternization policy. At $52.50, INTC stock has gained 13.7% year-to-date (YTD) and 52.8% over 12 months, compared to the S&P 500's 3% return and 13.2% growth over the same respective periods. Falling Behind AMD?
Advanced Micro Devices, Inc (NASDAQ: AMD ) is gaining market share from Intel Corporation (NASDAQ: INTC ), and one analyst says the market is too worried about AMD’s graphics card business. The Analyst ...
Intel Corporation (NASDAQ: INTC ) abruptly and unexpectedly saw CEO Brian Krzanich depart last week , and one Wall Street analyst says there's now simply too much uncertainty surrounding Intel for investors ...
MARKET PULSE Semiconductor stocks were taking a beating Monday morning after reports that President Donald Trump hopes to announce further restrictions on Chinese investment in U.S. tech companies. China has spent years attempting to acquire companies and intellectual property in the chip sector, with the U.
Every time the stock market rallies over any significant period, we're bound to see the "most shorted stocks" chart come out of the woodwork with an ominous caption like "presented without comment" or "this is the top." Besides the fact that presented without comment is a comment in and of itself, the presenter very rarely tells us the methodology behind the chart's construction, leaving us with more questions than answers. This week's version is brought to us by Zerohedge.
SANTA CLARA, Calif., June 25, 2018-- AMD today announced awards for key suppliers that contributed to the successful launch of 10 new high-performance computing and graphics product families in 2017. The ...
Broadcom (AVGO) has eliminated about 1,100 jobs since it closed its $5.5 billion acquisition of Brocade last November. The layoffs have been implemented as part of its cost-cutting initiatives. Broadcom continues to evaluate its resources and may cut more jobs, according to a regulatory filing cited by Reuters.
SANTA CLARA, Calif., June 25, 2018-- AMD today announced The National Institute for Nuclear Physics in Italy has picked the AMD EPYC 7351 processor to power its high-performance computing cluster. INFN, ...
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Advanced Micro Devices Inc (NASDAQ:AMD)’sRead More...
U.S. stock index futures fell on Monday as growing trade tensions between the United States and China kept investors on edge, with the latest threat involving a check on Chinese investments in U.S. technology firms. The S&P 500 mini futures dropped 0.5 percent after a government official, with knowledge of the matter, said the U.S. Treasury Department was drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with "industrially significant technology". Chipmakers and U.S.-listed Chinese companies were among the most traded stocks in early premarket trading on Monday.
The global remittance market is booming, serving hundreds of millions of people across the planet, with over $138 billion leaving the United States alone, and now a new technology is about to change everything
Opinion: Krzanich left huge succession problem at chip maker, which should look outside for a CEOBloomberg News/LandovBrian Krzanich was the sixth CEO in Intel history, and all have been promoted from within. For the first time in its 50-year history, Intel Corp. faces a succession nightmare, and the company will likely have to do something it has never done in response. Chief Executive Brian Krzanich abruptly resigned Thursday morning after Intel (INTC) investigations found that he had violated company policy with a past consensual relationship with an employee.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top semiconductor maker and utilities stocks. Bearish calls included the leading electric car maker ...
Advanced Micro Devices, Inc . (NASDAQ: AMD ) shares have climbed 62 percent year-to-date. Yet AMD’s fundamental performance may not be as rosy as the market seems to think, according to Bernstein. The ...
Intel (INTC) announces CEO Brian Krzanich resignation owing to relationship with an employee. The chipmaker raises second-quarter fiscal 2018 outlook to satiate shareholders and investors.
As a result, the concept of bitcoin stocks, or companies that indirectly benefit from the rising bitcoin price, became popular. Browse the internet on this topic, and you’ll inevitably find financial analysts urging their readers to invest in bitcoin’s underlying blockchain technology, not in bitcoin itself. Imagine if an analyst told you to avoid Ford (NYSE:F) — or any other automaker — but to instead “invest in cars.” Those who advocate buying blockchain and not bitcoin are speaking words, but not really saying anything at all.