55.50 +0.06 (0.11%)
After hours: 7:39PM EDT
|Bid||55.35 x 900|
|Ask||55.44 x 4000|
|Day's Range||54.54 - 55.50|
|52 Week Range||33.23 - 55.79|
|PE Ratio (TTM)||27.86|
|Forward Dividend & Yield||1.20 (2.21%)|
|1y Target Est||N/A|
The federal watchdog for equal employment is investigating claims that Intel Corp. targeted workers for layoffs based on their age. Nearly three years after the chip maker launched a series of layoffs that cut more than 10,000 employees globally, the U.S. Equal Employment Opportunity Commission’s Seattle office is working to determine whether the job cuts were discriminatory, according to a document from the agency reviewed by The Wall Street Journal. The issue of potential age discrimination is recurrent in the tech industry, where the workforces at many firms skew younger and the pace of change is often rapid.
NVIDIA (NVDA) has reported strong earnings growth over the last three years as its GPU (graphics processing unit) strategy has been delivering strong returns.
Inside Intel's Jones Farm campus is a lab dedicated to developing the infrastructure and devices to boost the fifth generation wireless technology transition.
While Amazon.com (AMZN) was being blistered by civil-rights groups for selling facial-recognition tools to law enforcement officials in Orlando, Fla., and Oregon, Intel (INTC) hosted a developers conference on artificial intelligence that underscored its growth. Amazon says it has made clear to clients they must "comply with the law and be responsible when they use AWS services," Amazon spokeswoman said Nina Lindsey said, referring to Amazon Web Services, the company’s cloud software division that houses the facial-recognition program.
NVIDIA’s (NVDA) value-added GPU (graphics processing unit) platforms—Quadro for professional visualization, Tesla for data centers, GeForce for gaming, and DRIVE for automotive—are being adopted increasingly across different markets. It is these value-added platforms that allow NVIDIA to command a higher price for its GPUs.
At Intel's inaugural AI DevCon summit in San Francisco this week, the chip-making giant made clear--in words and technology--that artificial intelligence is on the precipice of becoming a staple in nearly every industry. "There is a vast explosion of applications," Naveen Rao, head of Intel's AI efforts, tells Barron's. "For the last few years, it was about the academic world and a few thousand people." But as new technology tools mature, AI will flourish among the world's community of 25 million to 35 million developers, Rao says. Artificial intelligence's influence on health care, self-driving cars, and customer service are well documented, but emerging applications in specialized fields particularly intrigue Rao.
NVIDIA (NVDA), which earns more than 80% of its revenue from GPUs (graphics processing units), is expanding the application of these GPUs in verticals beyond gaming. The company has also renewed its focus on a second product, its Tegra SoC (system-on-chip), which is a low-power processor for devices needing power efficiency.
Caterpillar, Tupperware, Nvidia, Texas Instruments and Intel as Zacks Bull and Bear of the Day
American master of the horror tale H.P. Lovecraft once wrote, “The oldest and strongest emotion of mankind is fear, and the oldest and strongest kind of fear is fear of the unknown.” Surely that applies to spooking readers. “The trick is being able to identify those things that everybody else is fearful of and turn it around,” says Andrew Clifford, Platinum Investment Management’s chief investment officer, in a video on the Australian hedge fund’s site. Platinum says its investment style is seeking out companies “whose true worth and prospects are yet to be fully recognised by the market.” For example, Platinum was buying shares of offshore drilling contractor Transocean (RIG) in the first quarter when the outlook for energy was weak.
fortunes are much less tied to those of PC makers than they once were, suppliers of chips and hardware components used within data center gear need to worry much less than they once did about the quarterly sales of major enterprise server, storage and networking hardware vendors. This has much to do with the heavy-spending of cloud giants that often aren't keen about buying from traditional enterprise hardware vendors, but do still have quite the need for the chips, adapters, accelerator cards and controller cards made by their suppliers. It also has a bit to do with how industry trends are allowing some chipmakers to grow their enterprise revenue even as broader hardware spending is pressured.
NVIDIA (NVDA) is enjoying strong revenue growth as its GPUs (graphics processing units) are being adopted by more verticals and at a faster pace. Earlier, GPUs were mainly used by gamers and game developers to enhance graphics. However, NVIDIA explored GPU technology’s parallel computing features and made it usable in the data center, automotive, and crypto-mining spaces.
The chipmaker missed on the last wireless technological revolution. Now, it's positioning itself to be a leader in the next wave.
Well, unless you work for Apple at its headquarters, that won't be the case. Apple once had big ambitions when it came to the car. It was going to build all-electric, autonomous cars -- not unlike what Tesla Inc.
Alphabet Inc’s (NASDAQ:GOOGL) Google has proven a thorn in the side of Microsoft Corporation (NASDAQ:MSFT) and Apple Inc. (NASDAQ:AAPL) in the education market. Google Chromebooks have taken a huge chunk of that market, thanks to their low cost, easy maintenance and Google’s G-Suite productivity software. Now the company is targeting the business market, and new Acer Chromebooks coming today will mark the start of that push to displace Windows and Office in MSFT’s core market.
Macron is currently spearheading efforts for Europe to adopt tougher regulations on digital companies. French President Emmanuel Macron said Europe must avoid making the same mistakes as the United States and China if the region is to successfully tackle some of the world's biggest tech giants.
First, the bad: Analysts are not entirely comfortable with the company’s plan to boost spending this year by 10%, slightly faster than projected rise in revenue of 8% to 10%, for the fiscal year that began this quarter. Morgan Stanley’s Joseph Moore, reiterating this morning an Outperform rating and a $78 price target, defends the company’s spending, writing that unlike in the past, spending is "more directly tied to enthusiasm about future prospects” such as AI. The good news, by most accounts, was the company’s expectation that its addressable market for chips in the data center will rise to $4.6 billion by 2023, a compound annual growth rate of 67% from just $600 million in 2019.
beat estimates and hiked its earnings guidance on Tuesday afternoon, shares fell over 10% in Thursday trading. With the help of both acquisitions and internal R&D investments, HPE has done a good job of improving its competitive position in the traditional enterprise hardware market.
stock down more than 10% after the company beat estimates and hiked its full-year EPS guidance? Concerns about an expected second-half slowdown in revenue growth rates appear to be a culprit, as does the fact that HPE's latest results don't look quite as impressive after accounting for some short-term events and cash-flow pressures. The larger issue, however, might be how HPE's expected growth slowdown reinforces existing worries about the company's ability to deliver meaningful organic revenue and cash-flow growth over the long term.
Shares of Micron (MU) opened lower on Wednesday after two days of gains on the back of some major announcements, including a new deal with Intel (INTC). With that said, let's dive into why the chip giant's stock might be worth buying right now.
With nothing more than a quick glance at the headlines, one might conclude it’s just another case of the analyst community playing a game of “chicken,” with NVIDIA Corporation (NASDAQ:NVDA) serving as the proverbial guinea pig. Who’s willing to set the highest target price for NVDA stock. Cowen analyst Matthew Ramsay is the current leader of that contest, by the way, raising his target to $325 per share last week.
Intel (INTC), Google and Microsoft reveal new security bugs but these do not possess major threats as Spectre and Meltdown that surfaced in January.
About 10 years ago, the Internet of Things (IoT) was a far-fetched dream that was one part reality, one part science fiction. Yes, everyone had a smartphone, but the prospects of other smart devices going mainstream were rather bleak. Then, IoT start-ups like Nest started popping up.