|Bid||10.010 x 8300|
|Ask||10.020 x 16100|
|Day's Range||9.960 - 10.120|
|52 Week Range||9.420 - 15.650|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Despite recent declines, the SMH ETF has risen over 41% in the last 12 months. Meanwhile, NVIDIA has risen a whopping 186.7% in the same period, while AMD has returned 15.5% in that period.
A few weeks ago we took a look at Advanced Micro Devices, Inc. (NASDAQ:AMD). Given its fall, AMD stock price appeared to be at a make-or-break level. Let’s look at the charts first, because many traders are in this name and they don’t care too much for the fundamentals.
Tesla CEO Elon Musk revealed Thursday that the company is working on custom AI chips for its autonomous vehicles in a possible pivot away from Nvidia Corp. “I wanted to make it clear that Tesla is serious about AI, both on the software and hardware fronts,” Musk said, according to The Register . In September, CNBC reported that Tesla had more than 50 people working on the undertaking, including its vice president of autopilot hardware engineering Jim Keller, who hails from Apple and chipmaker Advanced Micro Devices.
On Thursday, Nvidia Corporation (NASDAQ:NVDA) launched what it is claiming to be the “world’s most powerful GPU for the PC.” The new Titan V video card brings Nvidia’s advanced Volta architecture to a form factor that can be used in a consumer PC. Nvidia chose an AI conference to announce its new Titan V video card.
What many forget is that the Obama administration wanted to reduce the maximum corporate tax rate to 28%, but it did not specify the tax breaks.
You may even be able to invest in cryptocurrency through your retirement account. You can also “mine” bitcoin, creating valid decryption keys by either using a service or using your own computer. When you find a new answer to the bitcoin puzzle, you own it. Each cryptocurrency coin is one answer to a puzzle set out by a currency blockchain. The value of those answers will rise, or fall, in an open market process, sometimes with dizzying speed.
NVIDIA Corporation (NASDAQ:NVDA) have been a beast for the past couple of years, trouncing the performance of rival Advanced Micro Devices, Inc. (NASDAQ:AMD), as well as AMD’s frenemy Intel Corporation (NASDAQ:INTC). While a stabilizing PC market has supported modest demand for next-generation graphics cards, it’s actually been the rise of cryptocurrency mining and artificial intelligence that’s whipped up a much bigger demand for NVIDIA’s GPUs. As it turns out, graphics cards are better-suited mini-computers for the sort of number-crunching required by both budding arenas.
Semiconductor stocks have fallen out of favor. Indeed, AMD stock has now fallen 35% from its highs. For pretty much the entirety of 2017, Advanced Micro Devices has found itself locked in a broad sideways trend between $15 and $10.
The US Senate passed its version of the new tax reform bill on December 2, 2017, after making various amendments to the original House version of the bill.
This is a sentiment shared by our contributor James Brumley whenever the topic is Advanced Micro Devices, Inc. (NASDAQ:AMD). Going bearish, even the hint of pessimism, toward AMD stock is enough to attract catcalls and internet trolling. The level of vitriol associated with Advanced Micro is, to be blunt, astonishing.
This week's tech selloff didn't spare bitcoin stocks. But in premarket action Thursday, chipmakers and major software players came out swinging.
U.S. stock futures are mixed this morning, with tech leading a rebound on the Nasdaq Composite, while the S&P 500 Index attempts to end a four-day losing streak. Against this backdrop, Dow Jones Industrial Average futures are down 0.12%, S&P 500 futures have added 0.03% and Nasdaq-100 futures are up 0.21%.
For most of this year, Intel Corporation (NASDAQ:INTC) played the role of market tease perfectly. Gyrating back-and-forth, the INTC stock price looked poised to break out at any moment. It took a while, but the long-awaited lift in INTC stock finally arrived.