|Bid||50.83 x 2200|
|Ask||50.85 x 4000|
|Day's Range||49.90 - 51.04|
|52 Week Range||19.05 - 51.05|
|Beta (5Y Monthly)||3.09|
|PE Ratio (TTM)||266.65|
|Earnings Date||Jan 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 25, 1995|
|1y Target Est||41.27|
DnB nearly tripled its investment in Intel stock in the fourth quarter. The bank also sold nearly half of its stake in AMD stock.
Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?
Advanced Micro Devices, Inc. (NASDAQ: AMD ) announced Thursday that it hired Daniel McNamara as senior vice president and general manager of its server business unit. McNamara most recently worked with ...
Easily one of the best stories among the big technology firms, shares of Nvidia (NASDAQ:NVDA) returned almost 81% in 2019. Moreover, Nvidia stock is off to a solid start in the new year, up a little over 4%. Still, with the equity steadily approaching 2018's all-time highs, should investors adopt a more cautionary stance?Source: michelmond / Shutterstock.com It's a fair question because for one thing, Nvidia stock crashed hard shortly after it reached its peak market value. It turned out that you can't keep a good company down for long, which was great for speculators. However, shares are no longer the compelling undervalued pick they once were.Furthermore, the broader bull market will eventually wear out its welcome. Obviously, this could put pressure on Nvidia stock, which is levered toward businesses that are sensitive to consumer sentiment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the flipside, the semiconductor industry is one of the few convincing bright spots in the U.S. economy. For example, the industrial production index for computers, communications equipment and semiconductors has skyrocketed since the Great Recession. Few other sectors, when adjusted for inflation, are as convincing as this technological category. * 10 Cheap Stocks to Buy Under $10 Additionally, Nvidia's peers, such as Intel (NASDAQ:INTC) and especially Advanced Micro Devices (NASDAQ:AMD), continue to build off their 2019 momentum. While that doesn't guarantee a smooth ride for Nvidia stock, over the long run, I see a continued upward trek for the tech giant. Specifically, here are three factors to consider. Nvidia Stock and Rising Importance of AIWhat makes Nvidia stock intriguing to investors is not just their processor prowess. Rather, the underlying company has shifted toward groundbreaking innovations such as artificial intelligence and deep learning.Currently, Nvidia has multiple initiatives for their AI interface, including improving citizen services. However, with the rise of geopolitical tensions and the threat of asymmetric attacks - that's a polite way of saying terrorism - AI can play a crucial role in next-generation defensive mechanisms.Better yet, Nvidia has partnerships in place to help develop the smart cities of tomorrow. Granted, the company's efforts are focused more on transportation efficiencies and safer operations. But with the AI platform in place, it wouldn't be a stretch to implement counterterrorism initiatives through innovations like facial recognition and behavioral analytics.Further, today's visceral threats don't involve bombs dropping from the sky from belligerent nations. Instead, law enforcement agencies are concerned about seemingly inconspicuous threats, such as domestic terrorism. However, AI is an effective tool to bolster security coverage, which in the long run could benefit Nvidia stock. Video Games Remain an Intriguing TailwindArguably, most people recognize the Nvidia brand for its premium graphics processing units or GPUs. And that's not a bad gig to have. Over the last several years, the video game industry has evolved from a niche segment of male nerds who have no chance of procreating to a surprisingly diverse and lucrative market.When it comes to video games, console makers, such as Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT), have dominated the headlines. Here, rival AMD scored a major coup when Sony announced that it will run its chips for the upcoming PlayStation 5. Obviously, that's not great news for Nvidia stock.Nevertheless, gamers can be separated into two categories: serious players and everybody else. For Nvidia, they have a strong case for addressing the former category due to their GPU expertise. Moreover, serious gamers are very much willing to fork over the dough.Out of the total worldwide gaming PC and accessory revenue, 43% can be attributed to sales of high-end gaming PCs. The rest is split between mid-range gaming PCs (35%) and entry-level gaming PCs (22%). In other words, as gamers dive into the realm of competitive gaming, their spending increases dramatically.Clearly, this benefits Nvidia stock, where the underlying tech firm has built a reputation on premium (read expensive) GPUs. Don't Ignore the Cryptocurrency RallyA few years back, one of the catalysts for the then-dramatically rising Nvidia stock price was the cryptocurrency rally. To make a long story short, cryptocurrencies emerge from complex transactional calculations associated with a particular blockchain architecture. I'm grossly oversimplifying the process but in order for a computer to complete the calculation in a quick enough timeframe, it must have stacks of advanced GPUs.This process, called mining, was profitable because the price of cryptocurrencies kept rising. But when the bubble popped, the mining industry no longer made economic sense. This immediately deflated demand for mining-specific GPUs, notably hurting Nvidia's revenue stream.Today, when people think about Nvidia stock, they're probably not considering bitcoin and other major cryptocurrencies. But in recent weeks, the price of bitcoin has significantly moved higher. For example, I mentioned the longer-term case for bitcoin on Dec. 19. Since then, the crypto has jumped approximately 30%.I'm not suggesting that you should buy Nvidia shares solely for a possible bitcoin comeback rally. What I am suggesting is that the crypto market is still relatively quiet. Thus, any GPU sales associated with virtual currencies is all bonus points for Nvidia.As of this writing, Josh Enomoto is long SNE and bitcoin. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Stocks to Buy Under $10 * 5 Retail Stocks Placer.ai Thinks Can Win Big in 2020 * 6 Cheap Stocks to Buy Under $7 The post 3 Factors to Consider for Nvidia Stock in 2020 appeared first on InvestorPlace.
As an investor, I've closely followed the semiconductor chip market over the past few years, and have learned that of the three big stocks in the CPU and GPU worlds -- Intel (NASDAQ:INTC), Nvidia (NASDAQ:NVDA), and Advanced Micro Devices (NASDAQ:AMD) -- INTC stock is the least loved of the group.Source: Kate Krav-Rude / Shutterstock.com There's reason for this. AMD and Nvidia are trendier picks. AMD is on this jaw-dropping ramp from irrelevant, nearly bankrupt CPU/GPU maker a few years back, to a force to be reckoned with today that is rapidly growing share in the most important niches of the CPU and GPU markets. At the same time, Nvidia has turned into an "AI everything" company, and is basically the go-to graphics suppliers for all of tomorrow's most important markets.Investors like those narratives. That's why, over the past year, AMD stock is up 155% and NVDA stock is up 67%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Top 5 Dow Jones Stocks to Buy for 2020 Then there's Intel. They are simply the established incumbent that is growing modestly in stable markets, and this lack of trendiness is why INTC stock is up "just" 23% over the past year.For the foreseeable future, Intel will remain less trendy than its peers. But the stock will keep working, and with much less downside risk, because the secular growth drivers remain favorable while the valuation remains attractive relative to peers.As such, I wouldn't discard INTC stock because it isn't AMD or NVDA. I'd embrace its differences, and ride the stock to new highs in 2020. Embrace Intel's DifferencesIt's easy to look at Intel, see a company that is losing CPU market share to AMD and is growing revenues and profits at a snail's pace, and write off INTC stock as a poor investment in an otherwise hot semiconductor market.But that cursory analysis misses the whole point of why someone would invest in Intel. Intel is stability, not rapid growth. It's steadiness, not volatility. And it's cheap, not expensive.You don't buy INTC stock for its rapid growth potential. At a $250 billion market cap and with $70 billion in revenues, Intel's market cap and revenues aren't going to soar higher anytime soon. Instead, you buy Intel for stability. Given its huge incumbency in several important CPU markets, Intel reasonably projects as a healthy, low single-digit revenue grower for the foreseeable future, with very little variance from that growth rate.You also don't buy INTC stock for the huge gains. You buy it for its steadiness. Compare the 10 year charts of INTC, NVDA, and AMD. Yes, Intel has under-performed over that time frame. But it's also experienced only four drops of 25% or more during that stretch. AMD has gone through over 10. So has Nividia. And both have seen their share price drop 50% multiple times. Intel stock's biggest drop over the past 10 years was about 30%.Meanwhile, you buy INTC stock because it's cheap and shielded from valuation risks. At 12-times forward earnings, Intel is dirt cheap next to AMD stock and NVDA stock, both which trade at over 40-times forward earnings. INTC Stock Will Keep WorkingStability, steadiness, and a relatively cheap valuation are reasons risk-adverse investors should be attracted to Intel stock for the long haul. But in the near term, there are three additional reasons why shares could break out to new highs in 2020.First, global information technology (IT) spending trends will improve in 2020, laying the groundwork for heavier investment into the CPU market. Thanks to easing trade tensions and supportive monetary policy, Gartner expects IT spend to rise 3.7% in 2020, versus just 0.4% growth in 2019. This rebound in IT spending will push Intel's revenue growth rates higher this year.Second, mainstream commercial 5G expansion will create bigger demand for Internet-of-Things (IoT) CPUs. Broadly, 5G is more about better smartphone connectivity -- it's about enabling an entire new era of IoT connectivity. Consequently, as 5G goes mainstream next year, the IoT industry will undergo a renaissance, demand for IoT CPUs will accelerate, and Intel's revenue growth rates will improve, because Intel has established dominance in the IoT CPU market.Third, Intel is set to launch next-generation 7-nanometer CPUs in 2021, the first new batch of lower power CPUs from Intel in some time. Ahead of this landmark new product line launch, investors will likely bid up INTC stock in anticipation of big growth from these new products. Bottom Line on INTC StockIntel may be less trendy that Nvidia and AMD. But, that that doesn't make an investment into INTC stock any worse than an investment into NVDA stock or AMD stock. It just makes it different.In Intel's case, different will work. Over the next several quarters, Intel stock should move higher on the back of improving IT spending trends, rising IoT CPU demand, and increasing optimism surrounding the company's 7-nanometer product launch in 2021.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Intel Stock May Not Be Trendy, But It'll Work in 2020 appeared first on InvestorPlace.
SANTA CLARA, Calif., Jan. 16, 2020 -- AMD (NASDAQ: AMD) today announced several promotions and a new hire to strengthen its senior leadership team to further enable the.
The stock market moved up sharply, shrugging off the impeachment drama and instead focusing on two new trade deals and a raft of bullish economic data.
There are gains on real news like Morgan Stanley's, and the other rotten-tomato variety. I don't want recommendations based on intellectual vacations.
Will chips still lead the market rally? Taiwan Semiconductor reported mixed earnings, but 5G guidance was bullish for the chip industry and key customers Apple, AMD and Nvidia.
SANTA CLARA, Calif., Jan. 15, 2020 -- AMD (NASDAQ: AMD) announced today that it will report fourth quarter and 2019 financial results on Tuesday, January 28, 2020 after the.
AMD's latest supercomputing wins on the back of robust adoption of its robust 2nd Generation EPYC processors is likely to irk Intel and NVIDIA, which are currently dominating the space.
The US stocks started last week trading lower as investors were jittery over the tensions in the Middle East. However, as the prospect of an open military conflict with Iran was dimmed by President Trump’s comments, the markets managed to recover and even the mixed jobs report did not prevent the main indexes to close […]
Intel (INTC) showcases its new Xe DG1 graphics card at the 2020 CES event. It is the company's first discrete graphics card in nearly two decades.
AMD (AMD) today announced that its EPYC processors have been selected by the European Centre for Medium-Range Weather Forecasts (ECMWF) to accelerate its new world-leading supercomputer, based on Atos’s latest BullSequana XH2000 technology, for one of the most powerful meteorological supercomputers in the world. Once operational in 2021, the supercomputer will allow ECMWF to run its predictions at a higher resolution, of around 10km, offering reliable, advanced numerical predictions about the occurrence and intensity of extreme weather events ahead of time.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co., a major chipmaker to Apple Inc. and Huawei Technologies Co., has recruited rival Intel Corp.’s former top lobbyist Peter Cleveland to spearhead an unprecedented effort in Washington to mitigate impact from U.S.-Chinese trade tensions.The world’s biggest contract chipmaker joins a growing number of companies with Chinese business interests that are stepping up U.S. lobbying, aiming to gauge and lessen the fallout from Washington’s ongoing dispute with Beijing. The Taiwanese company indicated in July it was considering starting government relations operations in the U.S.Cleveland, who headed Intel’s lobbying effort for over a decade, updated his LinkedIn profile this month to reflect new responsibilities including representing TSMC on policy, legislative and regulatory matters. There’s been speculation U.S. sanctions may affect TSMC’s shipments to Huawei. But the Taiwanese chipmaker has publicly quashed talk of U.S. pressure for it to stop supplying its No. 2 customer, which Washington blacklisted and views as a national security threat.Read more: TSMC to Keep Supplying Huawei, Quashes Talk of U.S. Pressure“Peter Cleveland is helping TSMC enhance communications with stakeholders including government officials at a global level,” TSMC spokeswoman Nina Kao told Bloomberg News by phone, adding Cleveland is based in Washington D.C.While there have been TSMC staffers tasked with similar responsibilities previously, Cleveland’s arrival coalesces the effort under one independent position, according to Kao. TSMC plays an indispensable role in the global semiconductor industry, commanding more than 50% of the global foundry market. U.S. and Chinese tech companies from Advanced Micro Devices Inc. to Nvidia Corp. rely on it for the production of their most advanced chips.It joins a wave of companies that in recent months have begun to play a more active role in lobbying Washington. Huawei spent a company-record $1.8 million on federal lobbying in the past quarter as it struggled against U.S. sanctions that deprived it of key components or software from American suppliers like Intel, Xilinx Inc. and Alphabet Inc.’s Google. TikTok, the popular music-video app owned by Beijing-based ByteDance Inc., is also expanding its U.S. lobbying operations.Huawei is TSMC’s largest customer after Apple, according to Bloomberg supply chain data, contributing roughly 10% of the chipmaker’s revenue. Cleveland managed 200 attorneys and policy professionals while at Intel, and his areas of expertise include antitrust reviews, 5G spectrum allocations, and global IP enforcement and protection, according to his LinkedIn profile. Before Intel, he served as California Senator Dianne Feinstein’s chief of staff.Read more: Trump’s Blacklisting of Huawei Is Failing to Halt Its Growth\--With assistance from Ian King and Vlad Savov.To contact the reporter on this story: Debby Wu in Taipei at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Colum MurphyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
After almost two years of back-and-forth tariffs and a lot of tough talk, a phase-one trade deal between the U.S. and China is officially in the books. In the deal, China has agreed to stop forcing American companies to transfer technology as a condition of doing business there and to crack down on intellectual property thefts. Yahoo Finance's Dan Howley talks to Julie Hyman, Adam Shapiro and Andy Serwer as well as Oliver Pursche of Bruderman Asset Management.
Trade negotiators will meet January 15th to sign a phase one trade deal between the U.S. and China. Yahoo Finance’s Jessica Smith joins On The Move to discuss the details.