25.68 -0.01 (-0.04%)
After hours: 4:13PM EDT
|Bid||25.68 x 3100|
|Ask||25.69 x 1000|
|Day's Range||25.46 - 26.98|
|52 Week Range||9.04 - 34.14|
|Beta (3Y Monthly)||4.09|
|PE Ratio (TTM)||80.28|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.86|
Can the momentum continue and allow Nvidia stock to reach $200? On Tuesday, Nvidia is getting a little help from the analysts at Piper Jaffray, who initiated the stock with an overweight rating and $200 price target. Nvidia is a holding in Jim Cramer's Action Alerts PLUS member club.
SANTA CLARA, Calif., March 26, 2019 -- AMD (NASDAQ: AMD) and NTT DATA, a recognized leader in global technology services, today announced the deployment of AMD EPYC™ processors.
What's Ahead for Micron?(Continued from Prior Part)Analysts’ recommendations Out of the 34 analysts covering Micron (MU), 20 analysts rated the stock a “buy,” while 12 analysts rated the stock a “hold.” Two analysts have given the stock a
Advanced Micro Devices (AMD) closed the most recent trading day at $25.97, moving -1.52% from the previous trading session.
Micron Technology (MU) posted worse-than-expected earnings and revenue results last week as the chip firm faces a significant decline in DRAM and NAND pricing, along with reduced demand from the likes of Apple (AAPL). Shares of MU briefly climbed in response to the report and Micron stock is up roughly 27% this year. But the chipmaker's outlook appears rough going forward.
China, the world's second-largest economy, has been slowing, and that has American investors worried.True, Chinese gross domestic product clocked a 6.4% annual gain in the final three months of 2018 - a rate most nations would envy. U.S. GDP grew at a 2.6% annual rate in the fourth quarter. Nevertheless, China's GDP grew at a 10.6% rate in 2010, according to the World Bank, and has been slowing ever since.The U.S.-China trade war has only increased anxiety about the Chinese economy. The Chinese stock market has tumbled 13.6% the past 12 months, according to MSCI - worse than the average 10.6% loss for emerging markets. American investors worry about China's growth because it's such an enormous market, and some of the largest U.S. companies have made big bets on Chinese expansion.Here are the 10 U.S. companies that derive the greatest percentage of their revenues from China. If you're optimistic about China's economic resilience and prospects for a trade deal, they could be bargains now. If you think things can only get worse, you can probably wait for a better purchase point in the future. SEE ALSO: The 25 Best Blue-Chip Stocks to Buy Now (According to Hedge Funds)
Markets Weak despite Mueller Report: ‘It’s the Economy, Stupid’Futures Futures are pointing to a weak opening for the S&P 500 Index (SPY) and the NASDAQ Composite Index (QQQ). Over the weekend, US Attorney General William Barr released a
What's Ahead for Micron?(Continued from Prior Part)DRAM and NAND pricing declineMicron (MU) is the largest US manufacturer of DRAM (dynamic random-access memory) and NAND (negative AND) memory chips, which are mainly used in mobile devices and
What's Ahead for Micron?Micron’s revenues in Q2Micron’s (MU) revenue growth has fallen at a double-digit rate YoY for the past few quarters. However, the revenue growth rate has been declining for the past six straight quarters. In the second
Apple (NASDAQ:AAPL) had an unusually busy week of hardware releases.The company's revenue -- and Apple stock -- is weighted heavily toward hardware sales, so usually, Tim Cook & Co. choose to reveal new hardware at media events. But this past week was different.On March 25, Apple is holding a special event where it is expected to unveil its new video streaming service. The company clearly wants the focus of the event to be on services, so it spent most of this week quietly taking its web store offline early in the a.m. as new products were added.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter Here's all the new Apple hardware that arrived this week, whether you noticed it or not. iPad AirSource: Apple Apple kicked off an unusual week of new hardware releases with a pair of new iPads on Monday morning. The company surprised many with the introduction of a new iPad Air. This new version sits somewhere between Apple's consumer iPads and the iPad Pro. It has a 10.5-inch True Tone Retina display, an A12 processor and supports the first generation Apple Pencil and a Smart Keyboard. But it lacks some of the advanced features offered by the iPad Pro line including Face ID, USB-C support, 12MP camera with 4K video, and the "all screen" Liquid Retina display. At $499 the price also puts its firmly between the $329 9.7-inch iPad and the $799 11-inch iPad Pro. iPad MiniSource: Apple With the iPad price at $329 and iPhone displays hitting 6.5-inches, the odds seemed high AAPL would simply discontinue the 7.9-inch iPad Mini (which hadn't been updated in several years).Instead, Apple rolled out a new, 5th generation iPad Mini. It keeps the $399 starting price, but gets the same upgrade treatment as the iPad Air: a True Tone Retina display, an A12 processor and support for the first generation Apple Pencil. New iMacsSource: Apple On Tuesday, the Apple online store went down and came back with new iMacs. It had been two years since the company last refreshed its all-in-one desktop computers.The new versions now get Intel (NASDAQ:INTC) 8th generation CPUs by default, with the higher end 27-inch models having the option of the latest 9th generation processors with up to eight cores.Both 4K and 5K iMaces also get optional AMD (NASDAQ:AMD) Radeon Pro Vega graphics. Apple says the new iMacs are much faster, with the 27-inch iMac up to 2.4 times more powerful than its predecessor, with an up to 50% boost in graphics performance. AirPods With Wireless Charging CaseSource: Apple One of AAPL's big hits over the past several years has been the AirPods wireless earbuds. Earlier this year, Tim cook said wearables revenue -- especially the Apple Watch and AirPods -- is 50% higher than peak iPod revenue. That's good news for Apple stock, which has been reliant on softening iPhone revenue.On March 20, Apple put out a press release announcing the second generation AirPods With Wireless Charging Case. The new AirPods get a wireless charge case that can be set on a Qi-compatible charger, hands-free Siri and improved battery life with 50% more talk time. They also get a price boost, from $159 for the originals to $199. New Seasonal Accessories Source: Apple Apple stock is not going to go through the roof just because the company released new pastel, spring-themed accessories for its products -- which it did on Thursday.However, accessories are, surprisingly, big business. In 2015, it was estimated that Americans spent $1.9 billion on iPhone cases alone. Every time Apple sells an iPhone, iPad or Apple Watch, there's a chance to add another $40, $50 or more to the total transaction by tempting the buyer with an accessory, and these are high margin add-ons. By constantly changing things up with seasonal themes, AAPL also gets a crack at selling more accessories to existing device owners.Two things didn't make this week's mass release, although they had been rumored to make an appearance: A 7th generation iPod Touch, and the long-awaited (and two year-delayed) AirPower wireless charge mat.Between the long list of new hardware releases and anticipation for Monday's big event, Apple stock has had a good week, gaining over 5% since Monday morning. Speaking of the March 25 Apple Special Event, check in with InvestorPlace on Monday afternoon for a wrap of everything the company announces. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.Compare Brokers The post All the New Hardware Apple Released Last Week appeared first on InvestorPlace.
Given the 10% gain AMD (NASDAQ:AMD) logged on Tuesday, many investors are optimistic about the latest news. But I don't personally believe the company's role in a new streaming-game platform developed by Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is a reason to buy AMD stock.Source: Matthew Rutledge via Flickr Some investors will disagree with me -- although most of those investors will tout AMD optimism for any and all reasons. Advanced Micro Devices stock has been terribly rewarding since turning around in 2016. Traders have largely convinced themselves the foreseeable future is going to look a lot like the past. A closer, critical look at the new video game service from Google, however, reveals AMD's role is the least important one in a platform that may or may not be a smashing success. It's ComplicatedHardcore gamers may understand the implications better than the average non-gamer, but for the rest of us: Even as Microsoft's (NASDAQ:MSFT) Xbox or Sony (NYSE:SNE) Playstation move toward downloaded games and away from physical discs, their games are played -- and processed -- on the consoles themselves. Meanwhile, on Google's Stadia, games will be played entirely from Google's servers using a high-speed internet connection.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks That Will Continue to Rebound in 2019 AMD's role in the new service? It handles the heavy-duty graphics processing from the cloud, rather than offloading that work onto a graphics card that would normally be installed on a console.See, with Stadia, there is no physical console. The cloud is the console, meaning its games can be reasonably played on any device.It's actually a rather savvy and gutsy move from Alphabet. Microsoft can create a complete, self-contained gaming experience on an Xbox. Ditto for Sony. Not so with Stadia though. While it can handle most aspects of game-play, Google and AMD are still ultimately relying on the speed and quality of the internet connection its gamer customers subscribe to.Surprisingly, it's not been a problem yet. Initial tests of the service's latency -- or the lag between pushing a button on a controller and seeing the result on a screen -- suggest Google has figured out how to make the Stadia experience almost as good as that of console game-play. Google, meanwhile, has developed a custom game-controller to further abate potential latency.There's a rub for current and would-be owners of AMD stock, however. Of all the major hurdles that Stadia has to clear to work well, Advanced Micro Devices' is the easiest.It would also be the easiest piece of the puzzle to replace. Are Google's Plans Too Expensive?That's not to say AMD could be replaced by a rival like Nvidia (NASDAQ:NVDA) or Intel (NASDAQ:INTC) with just the flip of a switch.The architecture powering Stadia is based on AMD's Radeon GPU, but customized to meet Google's specific needs. Each card is capable of handling up to 10.7 teraflops of data at a time, handily topping the graphics-processing loads being handled by even the newest consoles like the PS4 Pro and the Xbox One X.The end result? Stadia will be able to deliver 4K quality at the 60 frames per second most gamers expect from high-end games. When the time comes, Google promises 8K quality and 120 frames per second.AMD's GPU prowess may not matter, however, for a handful of reasons.One of them is the aforementioned lag, or latency, of an internet connection. Connections as fast as 50 or even 100 megabits per second are quickly becoming the new norm, and the advent of 5G promises even wider access to ultra-high speed connectivity. Still, for streaming gaming, that connection has to be consistent, and free of any glitch.There's also the not-so-small matter that to deliver 4K, 1080p 60FPS images that can accept and process constant user input (button-mashing), Google will have to establish 7500 edge-nodes all over the world. And, it appears that to achieve the maximum quality of graphical display, multiple GPUs will be needed per one single player. The company's gaming data centers will, most likely, 'share' graphics cards simultaneously with multiple gamers, but even the best GPUs can only do so much at one time.That makes the hardware and node-management needed to make Stadia work an expensive proposition, which in turn could make Stadia an expensive service to utilize.To that end, there comes a point when gamers stop needing 'more' visual realism to enjoy a game to its fullest. Prepping for an 8K, 120 FPS future is arguably an expensive overkill. So if they're looking to cut costs, Google might opt for a cheaper alternative to AMD's superior GPUs.And of course there's the X-factor: Can Google get developers on board with yet another platform that facilitates even more competition? Bottom Line for AMD StockBuy AMD stock, or don't buy it. There's a bearish and bullish case to be made. Neither of those cases, however, are significantly altered by the advent of Stadia.And, even to the extent Stadia does gain traction when launched, a couple of pros point out the prospect should have already been built into the price of AMD stock. * 7 Beaten-Up Stocks to Buy as They Reverse Course "We don't know why AMD was up so much as most analysts knew of this win already," said Susquehanna analyst Chris Rolland, while RBC's Mitch Steves explained "We are surprised by the stock price move as we believed this was a well known win."As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post Google's Gaming Platform Is Not a Reason to Buy AMD Stock appeared first on InvestorPlace.
The Latest Buzz in Tech: Micron, Apple, and TencentTech stocks continue to surgeStock markets were choppy on March 20, after the Fed’s dovish comments worried investors about an economic slowdown. However, stocks surged yesterday due to low
Fed’s Dovish Stance Surprised Jeffrey GundlachFed’s dovish tone While talking to CNBC on March 21, the “bond king” and DoubleLine founder, Jeffrey Gundlach shared his views on the Fed’s recent meeting and what it could mean for the
Why Semiconductor Stocks Soared YesterdaySemiconductor stocks are riding high On March 21, US and South Korean semiconductor stocks surged after chip maker Micron Technology (MU) reported upbeat fiscal 2019 second-quarter results (for the period that
Chipmakers are on pace for their best first quarter, boosted mainly by an uptick in the data center segment and emerging trends such as 5G wireless, AI, self-driving cars and IoT.
AMD (NASDAQ:AMD) surged upward in Tuesday trading. The chipmaker will benefit from a partnership with Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) as it will power Google's streaming game service. This news sent AMD stock higher by more than 12% in Tuesday's trading session. Still, AMD had already revealed this information, so the surge in the stock has left traders confused.Source: Shutterstock The massive levels of forecasted growth leave little doubt that Advanced Micro Devices remains a solid long-term play. However, such a move on known news and its propensity to move on momentum undermines the short-term case for AMD. The Unexplained Rally in AMD StockAMD stock rallied on reports that Google would use AMD processors to power its Stadia video game streaming service. Such spikes occur periodically on news of a major new customer or business line. However, such moves higher rarely occur on old news.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter Advanced Micro Devices CEO Lisa Su revealed at the CES trade show that Google would use AMD processors. However, she announced that news in January. This has left traders scratching their heads about the delayed reaction.One possible explanation could involve traders finally waking up to the concept of streamed games. The gaming industry brought in $43.4 billion in revenue from the U.S. in 2018, an 18% increase from 2017 levels, so streamed games serve as yet another growth engine.Moreover, several Google peers intend to follow with their own streamed games. Sony (NYSE:SNE) allows streamed games through its PlayStation 4, and Amazon (NASDAQ:AMZN) also plans to enter this market.Furthermore, Microsoft (NASDAQ:MSFT) is developing Project X Cloud, which will allow streamed games through the Xbox. However, Microsoft has relied on Nvidia (NASDAQ:NVDA) graphics chips to power PC-based games, so that does not offer any clear benefit to AMD. Momentum and AMDAnother possibility lies with AMD's propensity for large moves. In April of last year, I recommended AMD stock as the end of the crypto craze pushed AMD toward the $9 per share level.The equity would go on to rally above $34 per share by September before falling near the $16 per share level in December. Since that time, Advanced Micro Devices stock has surged by more than 62%, and Tuesday's move higher added to the momentum.How much further the equity will rally remains unclear, but the possibility of a momentum shift undermines the short-term case for AMD. Furthermore, near-term fundamentals appear elevated.Thanks to the spike on Tuesday, the current price-to-earnings (PE) ratio that has moved above 81. Such a multiple does not stop a stock from moving higher by itself. Still, it does make AMD more vulnerable to bad news.However, the much rosier long-term outlook on AMD makes the equity a buy on any significant pullback. Wall Street predicts 39.1% profit growth for this year and 53.1% in 2020. Analysts expect to see increases in net income which average 31.59% per year over the next five years. With such growth rates, the forward PE of around 41 should not deter investors. The Bottom Line on AMD stockTuesday's surge higher on old news and the equity's tendency for large moves make AMD too unpredictable at these levels. AMD spiked in Tuesday trading after Google reminded traders that its streaming gaming platform would utilize AMD processors.Still, stocks rarely spike because a company reminds traders of news that another company announced two months ago. Perhaps Wall Street better understands the potential for streaming games. The equity's propensity to move on momentum could have also pushed AMD higher.Due to that momentum, the stock has moved higher by more than 60% in less than three months. This makes the near-term direction of AMD stock hard to predict, and I would caution against buying right now. However, considering the long-term prospects for AMD, I would look to buy on any pullback.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post Don't Trust the Surprise Rally In Advanced Micro Devices Stock appeared first on InvestorPlace.
Trump’s at It Again: Markets Spooked by Tariff Warning(Continued from Prior Part)US-China trade talksThe US-China trade talks are set to resume next week. The two sides have held four rounds of trade talks since President Trump and President Xi
Advanced Micro Devices Inc. said late Thursday that its chief executive got a substantial rise in compensation in 2018 and that two board member are not up for re-election. In a proxy filing with the Securities and Exchange Commission, AMD said that CEO Lisa Su received $13.4 million in compensation in 2018 including her $961,000 base salary, up from $10.9 million in compensation in the previous year. Since Su was appointed CEO in October 2014, AMD shares have soared 965% compared with a 52% gain in the S&P 500 index . In 2018, AMD shares rose 80% as the S&P 500 shed 6%. AMD also said that board members Michael Inglis and Amhed Yahia are not nominated for re-election this year. AMD's annual stockholders' meeting is scheduled for May 15.
Alphabet's (GOOGL) Google unveils Stadia, its long-awaited browser-based video game streaming service that leverages cloud computing and YouTube.
Trump’s at It Again: Markets Spooked by Tariff WarningTrump spooking markets again Once again, President Trump has spooked markets with his warning about trade tariffs against China (FXI). The White House released a transcript of Trump’s