INTC - Intel Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
51.39
-0.01 (-0.02%)
At close: 4:00PM EST

51.37 -0.02 (-0.04%)
After hours: 7:59PM EST

Stock chart is not supported by your current browser
Previous Close51.40
Open51.63
Bid51.37 x 1200
Ask51.39 x 900
Day's Range51.06 - 51.73
52 Week Range42.36 - 57.60
Volume21,607,726
Avg. Volume27,111,031
Market Cap231.101B
Beta (3Y Monthly)0.52
PE Ratio (TTM)11.47
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.26 (2.45%)
Ex-Dividend Date2019-02-06
1y Target EstN/A
Trade prices are not sourced from all markets
  • US-China Talks: China Might Have an Ace Up Its Sleeve
    Market Realist6 hours ago

    US-China Talks: China Might Have an Ace Up Its Sleeve

    Is Trump’s Obsession with Markets an Advantage for China?(Continued from Prior Part)US-China talksUS-China trade talks have been fast-tracked as the March 2 deadline is fast approaching. A Chinese delegation is expected to visit the United States

  • InvestorPlace8 hours ago

    7 Healthy Dividend Stocks to Buy for Extra Stability

    The stock market is on fire right now. Year-to-date, the S&P 500 is up 11%, and it isn't even March yet. Further, the S&P 500 is up nearly 20% from its Christmas Eve lows and it is now just 5% off all-time highs.While I've been bullish on this 2019 stock market turnaround for some time now, I also realize that there are still risks out there which could subdue the current rally in stocks. U.S. and China trade talks are progressing, but there's no resolution yet. The global economy remains healthy, but it is slowing. Consumer confidence remains high, but it is dipping. Earnings remain strong, but costs are rising, margins are dropping and earnings growth is slowing.Overall, the current economic backdrop for stocks is bullish, but it has risks. Right now, with the S&P 500 trading at a very normal 16.3 forward earnings, valuations seem to reflect reality. Thus, the outlook for continued gradual gains is healthy. But, a repeat of January and February 10%-plus rally is unlikely.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith stocks set to slow, now is a good time to start buying into dividend stocks. These stocks tend to outperform when the broader stock market slows since they are seen as protection from volatility. Further, dividend stocks could get a nice boost in 2019 if the Fed remains cautious, doesn't hike, and rates largely remain low. * The 10 Best Cheap Stocks to Buy Right Now Overall, now seems like a good time to add some stability to the portfolio through dividend stocks. With that in mind, here's a list of seven healthy dividend stocks to buy in 2019. AT&T (T)Telecom giant AT&T (NYSE:T) has been burdened by a huge and growing debt load, and slowing operations in its core wire-line businesses. Together, these two concerns have pushed AT&T stock to multi-year lows, while the market has surged to levels just shy of all-time highs.This drubbing of AT&T stock has created an attractive entry point for dividend investors. The dividend yield is 6.6%. That's a five-year high. The forward earnings multiple is 8.4. That's a five-year low. The free cash flow yield is above 11%. That's also a five-year high, and it's not even close.In other words, around $30, AT&T stock is dirt cheap. It won't remain dirt cheap for long. More aggressive pushes into the streaming market will ultimately offset cord-cutting weakness, and the mainstream deployment of 5G coverage in 2019 will help boost profits in the wireless business. Overall, the fundamentals will stabilize in 2019, and once they do, AT&T stock will rally in a big way. Intel (INTC)With a mere 2.4% dividend yield, Intel (NASDAQ:INTC) may seem like a surprise entry on this list. But, you don't buy Intel stock for the yield. You buy Intel stock for growth at a reasonable price and you get a 2.4% yield on top of that.At its core, Intel stock is the cheapest and most stable way for investors to gain exposure to all of tomorrow's most relevant growth markets. You name it, Intel has exposure to it through its portfolio of chips. Data-centers? Intel is the biggest supplier. Internet-of-Things? Intel has a huge presence there. AI? Intel is at the front of that innovation frontier. Autonomous driving? Intel has scored multiple self-driving partnerships. * 10 Smart Money Stocks to Buy Now Overall, Intel stock has a ton of long-term growth potential through its multi-faceted exposure to multiple secular growth markets. Yet, the valuation today remains exceptionally reasonable, at just 11.4 earnings. Thus, Intel stock is big growth at a reasonable price, and there's a 2.4% yield to boost investor returns. Target (TGT)Much like Intel, Target (NYSE:TGT) is a typical growth at a reasonable price stock. But, it's also a strong dividend stock, with a dividend yield that currently sits just under 3.5%. Thus, with Target stock, investors get the best of both the growth and stability worlds.The fundamentals are currently favorable for Target stock. The U.S. consumer remains largely healthy. There has been some weakness in the consumer with rising rates and stock market volatility, but such weakness hasn't been enough to derail the consumer. Moreover, Target has been on fire in terms of building out omnichannel commerce initiatives and expanding its product portfolio. The combination of these efforts has made Target one of the hottest stories in the entire retail world.Target stock trades at just 13 forward earnings with a near 3.5% yield. Thus, the stock is cheap against a favorable operating backdrop. That combination will ultimately lead to Target stock becoming a winner in 2019. American Electric Power (AEP)On more of the pure dividend play side is utility giant American Electric Power (NYSE:AEP).When it comes to the fundamentals, you won't find many stocks supported by more stable fundamentals than AEP. American Electric Power is a massive electric utility company that delivers electricity to more than 5 million customers across eleven states. Demand for electric service is much like demand for water -- it's not away any time soon, regardless of which way the economy swings. As such, the demand drivers here are stable, as are the company's revenues and profits. * 7 Blue-Chip Stocks Lagging the Market Meanwhile, AEP stock sports a 3.4% dividend yield. With rates on hold, that yield is more attractive today than it was a few months ago, when the Federal Reserve was consistently hiking rates. Thus, so long as the Fed remains on hold in 2019, AEP stock should outperform as dividend stocks come back in favor. Disney (DIS)Although Disney (NYSE:DIS) isn't a utility company like American Electric Power, it does benefit from similar stability in demand, revenues and profits.Disney doesn't offer electric services. But, it offers other things that the consumer arguably can't live without -- the world's greatest movies and theme parks, robust access to live sporting events, and a handful of quality TV shows and channels. Demand for these services and goods is stable in the big picture. To be sure, cord cutting is hurting the company's traditional media business. But, even that major headwind hasn't really depressed revenues and profits that much, and DIS stock has simply traded sideways as a result (as opposed to falling by a bunch).In 2019, that headwind will disappear with the launch of a Disney streaming service. As that headwind disappears, this stock will rally from a current valuation low that comprises a 16 forward multiple and 1.5% dividend yield. Thus, calendar 2019 could be a big breakout year for DIS stock. Exxon Mobil (XOM)A highly underrated dividend stock that could have a big 2019 is Exxon Mobil (NYSE:XOM).The recovery in oil prices in early 2019 has led to a sharp recovery in shares of XOM. Many analysts expect this to continue. Global demand appears to be firming up thanks to stabilizing economic conditions. Meanwhile, the world's major oil suppliers seem increasingly committed to synchronizing production cuts. Firming demand coupled with falling production should lead to a rally in oil prices, which in turn should lead to a rally in XOM stock. * 7 Quant Funds That Could Outperform Broader Markets This is especially true considering the valuation underneath XOM stock today. The yield is at 4.2%. That's a multi-year high. The forward multiple is 17.5. That's near a multi-year low. As such, you have a cheap stock with improving fundamentals. That's a winning combination that should power XOM stock higher in 2019. McDonald's (MCD)Very few companies have performed as consistently well as McDonald's (NYSE:MCD) over the past several years.During that stretch, McDonald's has reinvented itself as a consumer-friendly company more aligned with today's healthy eating trends. They've subbed out frozen patties for fresh patties. They've added premium and healthier items to the menu. There has been a huge emphasis on quality chicken offerings. There has also been a big push into the breakfast game. And, they've done all this while sustaining industry-low prices and industry-high convenience.All these initiatives have powered consistently robust results at McDonald's. Net result? MCD stock has rallied in a big way. It will continue to do so. The fundamental drivers remain healthy. The stock remains reasonably valued (22 forward earnings and a 2.3% yield). As such, MCD stock will remain on a winning trajectory for the foreseeable future.As of this writing, Luke Lango was long T, INTC, TGT and DIS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Cheap Stocks to Buy Right Now * 5 Stocks Under $5 to Buy Before They Soar * 5 Consumer Stocks to Cash Out Of Compare Brokers The post 7 Healthy Dividend Stocks to Buy for Extra Stability appeared first on InvestorPlace.

  • Barrons.com9 hours ago

    AI Chip Market Will Soar to $34 Billion in Five Years, Says Analyst

    Wells Fargo’s Aaron Raker says start-ups like Graphcore, Wave Computing, Cambricon, Cerebras, Mythic, and Syntiant could take market share from Intel and Nvidia.

  • J.P. Morgan Encourages Investors to Buy Stocks despite Worries
    Market Realist9 hours ago

    J.P. Morgan Encourages Investors to Buy Stocks despite Worries

    J.P. Morgan Encourages Investors to Buy Stocks despite WorriesUS stock market The US stock market has seen a decent recovery in the first quarter of 2019 so far after a steep decline in the fourth quarter of 2018. As of February 19, the S&P 500

  • Why the NASDAQ Could Struggle to Rise This Year
    Market Realist9 hours ago

    Why the NASDAQ Could Struggle to Rise This Year

    Analyzing the Latest from Netflix, Spotify, and UberNASDAQ Composite Index has risen for eight consecutive weeksThe tech-heavy NASDAQ Composite Index (QQQ) rose 2.4% in the week that ended on February 15, 2019. This marked its eighth straight week

  • The Zacks Analyst Blog Highlights: Apple, Alphabet, Amazon, Intel and Qualcomm
    Zacks10 hours ago

    The Zacks Analyst Blog Highlights: Apple, Alphabet, Amazon, Intel and Qualcomm

    The Zacks Analyst Blog Highlights: Apple, Alphabet, Amazon, Intel and Qualcomm

  • Is Apple Underestimating Autonomous Cars?
    Market Realist11 hours ago

    Is Apple Underestimating Autonomous Cars?

    On Apple, Warren Buffett May Ignore the Noise—but Not the Facts(Continued from Prior Part)Services segment At a time when its Product segment sales are on a downward trajectory, Apple (AAPL) has increased its focus on strengthening its Services

  • Qualcomm Defends Licensing Practices in US
    Market Realist11 hours ago

    Qualcomm Defends Licensing Practices in US

    Legal Headwind and 5G Tailwind Affect Qualcomm's Licensing Unit(Continued from Prior Part)Qualcomm-US FTC lawsuit Previously, we saw that the Korean Supreme Court found Qualcomm (QCOM) guilty of offering incentives to handset makers to shun off

  • Qualcomm urges U.S. regulators to reverse course and ban some iPhones
    Reuters12 hours ago

    Qualcomm urges U.S. regulators to reverse course and ban some iPhones

    Qualcomm is seeking the ban in hopes of dealing Apple a blow before the two begin a major trial in mid-April in San Diego over Qualcomm's patent licensing practices. Qualcomm has sought to apply pressure to Apple with smaller legal challenges ahead of that trial and has won partial iPhone sales bans in China and Germany against Apple, forcing the iPhone maker to ship only phones with Qualcomm chips to some markets.

  • Why T-Mobile Is Sponsoring Esports Leagues
    Market Realist13 hours ago

    Why T-Mobile Is Sponsoring Esports Leagues

    How These Mobile Operators Are Working to Drive Growth(Continued from Prior Part)T-Mobile returns as Overwatch brand sponsor T-Mobile (TMUS) recently renewed its sponsorship of the Overwatch League, the professional esports league run by videogame

  • Qualcomm’s Chipset Business Faces Competition from Customers
    Market Realist13 hours ago

    Qualcomm’s Chipset Business Faces Competition from Customers

    Opportunities and Challenges for Qualcomm’s Chipset Business(Continued from Prior Part)Competition headwinds So far, we’ve looked at Qualcomm’s (QCOM) chipset business’s tailwinds. These tailwinds come with headwinds. Until now, Qualcomm has

  • Why Are Analysts Positive on NVIDIA despite Its Disappointing Q4?
    Market Realist13 hours ago

    Why Are Analysts Positive on NVIDIA despite Its Disappointing Q4?

    Why Did NVIDIA Stock Rise despite Its Weakness in Q4?(Continued from Prior Part)Analysts’ recommendations Despite NVIDIA’s (NVDA) fiscal 2019 fourth-quarter underperformance, 26 out of the 38 analysts covering it have recommended “buys” on

  • Nio Stock Logic Plays On China Car Buying Instead of Unaffordable Apartments
    InvestorPlace15 hours ago

    Nio Stock Logic Plays On China Car Buying Instead of Unaffordable Apartments

    There is a housing bubble in China the likes of which the world has never seen, which electric car company NIO (NYSE:NIO) is taking advantage of in a big way. China now has 65 million empty apartments, valued at some $65 trillion, housing priced too high for people to afford. Meanwhile, NIO stock is affordable after almost halving since its September 2018 IPO.In a market economy, China's apartment prices would fall to meet the market, but those who've bought at these prices protest any drop because adjusting values to the market would destroy their wealth.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut if you can't buy a house, you might buy a car. This has been fueling Nio, described by some as China's Tesla (NASDAQ:TSLA), which beat its own estimates and delivered 7,980 of its seven-seat ES8 sport utility vehicles during the fourth quarter, fueling a rise in the stock and even getting our own James Brumley excited.I disagree. The Bull CaseThe bullish case for NIO stock is fueled by the fact that a company called JAC Motors is making its cars, giving it scalability, and the Shanghai-based company is keeping prices low by using third-party chips from Intel's (NASDAQ:INTC) Mobileye unit. * 7 Financial Stocks With Accelerating Growth The cars seem well-made. One has been driven to the top of an 18,000-foot-high glacier in Tibet, to demonstrate its ability to work in cold weather. The company recently sold $650 million in convertible bonds, at 4.5%. Nio stock opened for trade February 19 at $7.43 per share, giving it a market cap of $7.6 billion. NIO stock is the sixth-largest holding in the 110-stock portfolio of Invesco Global Clean Energy ETF (NYSE:PBD).CEO William Li has also made himself a Musk-like hero by giving a big hunk of shares to a user trust, while retaining the voting rights. Americans admire Musk for his engineering determination, Chinese admire anyone in their go-go economy with a thought to the little guy.So far in 2019 Nio shares are up over 16%, although they're still below where they traded in the giddy September post-IPO days, when they went for as much as $13.80 each. What Can Go Wrong?But there are a lot of things that can go wrong here.First, the company isn't due to report that "great" fourth quarter until March 5. Until then you're only looking at third quarter numbers, which showed sales of about $20 million on that $7.6 billion market cap, with a loss of more than $1.4 billion. If the losses can't be narrowed, Nio will have a hard time getting through 2019, but you're assuming they can be.The car's third-party electronics can also be embarrassing, as when a Nio was stuck in Beijing traffic for an hour doing a software update. Just as Tesla created competition from other automakers, so Nio is getting new competition from Tesla in the forms of a lower-priced Model 3 and a new factory in Shanghai.Then there is that property bubble, which could collapse at any moment, taking 80% of the country's wealth with it and, perhaps, sparking serious political and social unrest. * 9 U.S. Stocks That Are Coming to Life Again Four Chinese housing companies now have bonds rated at CCC+ or below -- or just above junk status -- and a crackdown on the "shadow banking" sector, where money is raised outside the regulated banking system, is making things worse, because until an apartment is sold it must continue to be financed. Bottom Line on NIO StockChina's economy is getting a 1929 feel to it, and a collapse of its debt mountain is a real systemic risk that could spill into the rest of the global economy.Much of China's reported economic growth is created by these unsold apartments, and if that part of the economy collapses, people won't have the money to buy snazzy electric cars either.This might be the time to tap the brakes not only on Nio stock, but on all your Chinese investments.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post Nio Stock Logic Plays On China Car Buying Instead of Unaffordable Apartments appeared first on InvestorPlace.

  • Apple Roundup: China, Services, App Store, Pullstring & More
    Zacksyesterday

    Apple Roundup: China, Services, App Store, Pullstring & More

    Here are the top stories from last week.

  • 5G Could Be a Catalyst for Qualcomm’s Chipset Business
    Market Realistyesterday

    5G Could Be a Catalyst for Qualcomm’s Chipset Business

    Opportunities and Challenges for Qualcomm’s Chipset Business(Continued from Prior Part)The road ahead for Qualcomm’s chipset business Previously, we saw that Qualcomm’s (QCOM) chipset earnings were hit by the loss of modem orders from its

  • Will NVIDIA’s Revenue Growth Continue to Slow in 2020?
    Market Realistyesterday

    Will NVIDIA’s Revenue Growth Continue to Slow in 2020?

    Why Did NVIDIA Stock Rise despite Its Weakness in Q4?(Continued from Prior Part)NVIDIA’s revenueNVIDIA (NVDA) reported better-than-expected revenue of $2.21 billion in the fourth quarter of fiscal 2019 after the market bell on February 14. While

  • Charting a primary trend shift: S&P 500, Nasdaq reclaim 200-day average
    MarketWatchyesterday

    Charting a primary trend shift: S&P 500, Nasdaq reclaim 200-day average

    Technically speaking, the major U.S. benchmarks continue to grind higher amid persistently bullish, and increasingly consequential, February price action, writes Michael Ashbaugh.

  • NVIDIA Stock Rose 1.82% on February 15
    Market Realistyesterday

    NVIDIA Stock Rose 1.82% on February 15

    Why Did NVIDIA Stock Rise despite Its Weakness in Q4?NVIDIA stock rose on February 15NVIDIA (NVDA) stock rose 1.82% on February 15 and closed at $157.34 after the semiconductor giant reported upbeat fiscal 2019 fourth-quarter earnings results. The

  • InvestorPlaceyesterday

    3 Stocks With Breakout Potential

    U.S. markets temporarily stumbled on a few headlines late last week, including the weakest retail reports since 2009. This was a shock to traders but the data is for December. These data are when we were at the worst sentiment period during the Christmas correction and government shutdown. So logic suggests that it would be temporary.Then the markets took another leg lower on mixed news from the China/U.S. tariff talks. The knee-jerk reaction again was to sell stocks. But not all of them were falling. There were a handful of stocks that actually rallied during this red period of the day.So when stocks rally in the face of major headwinds, it is a good indication that the rally would last especially when the headwinds disappear. In this case, my thesis is that these scary headlines will abate and that stocks, in general, will have a good quarter. So in this case, the safest upside bets would be those stocks that were green during last Thursday's market dip.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, most of them were sporting breakout potential from bullish chart patterns. This adds fuel to the fire and provides clear levels to trade. On that front, I don't like buying based on pure hopeful speculation. I prefer to use options to sell risk below support and collect the premium. This way, I don't even need a rally to win. All I need is to pick strong support levels and let time do the work for me. * 10 Smart Money Stocks to Buy Now The price action was bullish in three stocks I track, including Spotify (NASDAQ:SPOT), Micron (NASDAQ:MU) and Advanced Micro Devices (NASDAQ:AMD). Let's take a closer look at a few ways to trade them: Spotify (SPOT)Last week, Spotify showed great strength. I had been tracking its potential breakout from a bullish pattern. On Thursday, even though the markets were falling, Spotify stock was rallying. So that showed relative strength and I went long SPOT stock.I sold a short-term credit put spreads for this week at $142/$141 for the opportunity to yield 13% in two days. I have a tight stop on that since there is little time to fix mistakes. But there are safer ways to trade this depending on portfolio balance and risk appetite. Traders are not all the same that way.An alternative way to bet on the upside is to sell the March 22 $129/$128 credit put spread for similar metrics and yield. This can be modified wider or in distance to current price to suit risk tolerances.Those who are willing and able to buy the shares can sell the Jul SPOT naked $105 put to collect over $3 in premium. If SPOT stock stays above my strike then I collect my maximum gains. But if it falls below it then I have to buy the shares at $105 per share. In that case, I would breakeven at $102.I can buy temporary insurance by using what I call sacrifice puts. To guard against a crash, I buy April 105 puts for 60 cents. This way I am completely protected but only through mid-April. The same puts for March only cost 15 cents. Micron (MU)Last year when markets were reeling from negative sentiment, Micron was the whipping stock for traders. They shot it down all the way to sport a trailing 12 months price-earnings ratio of 2X! So, it basically fell to the floor. What a difference a few weeks make.Year-to-date, MU stock is up roughly 30%. So clearly the bears had a change of heart. They forgot about the inventory and pricing fears that plagued the stock last year. I was lucky to sell puts into the stock at its worst but here I see more upside potential.The fact that it spiked on Thursday morning when the markets were busy falling tells me that there is real money buying it with conviction. So I could buy the stock or debit calls or spreads to chase the move. Technically, traders could target the zone around $48 per share. But I prefer to sell risk below support and collect the premium rewards.This is especially helpful since it just spiked almost 5% once already this week. Chasing here could mean I am late to the easy part of the rally. The options activity shows about 70% calls to 30% puts so all signs point up for MU stock. * 10 Hot Stocks Leading the Market's Blitz Higher I sold this week's 41.5/41 credit put spread on a whim and when the VIX was spiking on the morning headline fears. But the easier trade would be to go out further in time and lower in price for a bigger buffer. March 8th $38.50/$38 credit put spread would also yield 30% on risk if MU closes above $38.50 by March 8. I can modify the placement and width to suit personal preferences. Advanced Micro Devices (AMD)AMD stock was the sherry stock of 2018. While the markets were setting a record in bad performance, AMD delivered a monster year. 2019 also started strong as it is now up 24% on the year.So clearly the risk appetite for AMD stock is high. The CEO gets a lot of the credit as she has earned the respect of Wall Street. The consensus here is that AMD is the threat for Intel (NASDAQ:INTC) dominance for years to come.I can profit from this exuberance without any out of pocket expense. For that, I sell AMD March 22nd $19.50/$18.50 credit put spread and collect the potential of 16% yield on risk. All I need is for AMD stock to stay above $19.50 for a few weeks. A shorter term version of this would be March 1 AMD $21/$20 credit put spread for the same metrics. They both have an 80% theoretical odds of success.This, of course, will require the help of the general markets. And there is risk below since it's rallied so far there are gaps that may need to fill. Nevertheless, I am confident that I can manage the risk even if I have to own the shares for a while.Regardless of valuation, and it is expensive, investors want to own it here. This could change like what happened to Nvidia (NASDAQ:NVDA) but there are no signs of it yet.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post 3 Stocks With Breakout Potential appeared first on InvestorPlace.

  • How Is Apple Stock Faring This Month?
    Market Realistyesterday

    How Is Apple Stock Faring This Month?

    Is Apple Fighting a Losing Battle in China?Apple’s first-quarter earningsAmerican tech giant Apple (AAPL) released its fiscal 2019 first-quarter earnings results on January 29. During the company’s first-quarter earnings conference call, its

  • Cupertino 'surround' video startup backed by Intel acquired for $125M
    American City Business Journalsyesterday

    Cupertino 'surround' video startup backed by Intel acquired for $125M

    The startup was profiled in The Pitch in 2013 and developed a videoconferencing device and software it calls PanaCast, designed to replicate the panoramic vision of human sight.

  • Nvidia Stock Soars After Fourth Quarter, So Now What?
    InvestorPlace2 days ago

    Nvidia Stock Soars After Fourth Quarter, So Now What?

    For Nvidia (NASDAQ:NVDA) bulls, the last few months have been nothing short of horrific. Up until the beginning of October last year, shareholders had every reason to smile. At that time, Nvidia stock had gained 48% for 2018. This was a massive haul, considering that NVDA had already enjoyed consecutive years of outstanding performances. * 10 Hot Stocks Leading the Market's Blitz Higher But once the final quarter of 2018 began in earnest, the narrative fell apart. The tech firm posted deeply disappointing results for its third-quarter fiscal 2018 earnings report. Although the printed miss wasn't too terrible, disastrous Q4 guidance and excess channel inventory due to the cryptocurrency meltdown gutted NVDA stock.Obviously, the semiconductor firm -- which specializes in graphics processing units (GPUs) and a host of tech-heavy applications -- needed a big win for Q4. It delivered. Against a consensus earnings-per-share target of 75 cents, NVDA posted 80 cents, or a 7% positive surprise.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the real winner was found in the revenue department. The company brought in $2.21 billion, beating the Wall Street consensus by $10 million. Although a small percentage increase over the forecast, the sales haul demonstrated that NVDA is on the path to recovery. Following the report, Nvidia stock skyrocketed 8% in extended trading.This is exactly what embattled shareholders sought after months of painful disappointments. Just prior to the Q4 disclosure, NVDA stock was up over 18% for the year. Now, the bulls can add to the momentum, solidifying the comeback narrative.However, Nvidia stock also suffers from a credibility problem. For one thing, its competitors have fared better during the semiconductor storm. Principal rival Advanced Micro Devices (NASDAQ:AMD) has gained over 28% this year. And Intel (NASDAQ:INTC) didn't lose anything during the October market meltdown -- it's up over 11% year-to-date. Wall Street Is Overly Bearish on Nvidia StockDrilling into the details doesn't help ease investor concerns about NVDA stock. The gaming sector, which represents Nvidia's core identity, brought home $954 million in sales. At first glance, it appears an impressive number until you realize that consensus called for $1.21 billion.Another worrisome issue for Nvidia stock is the underlying company's data center business. Over the years, management has aggressively competed in this lucrative industry of tomorrow. But the Q4 revenue picture didn't justify that investment: against an $839 million consensus target, the tech firm fell way short at $679 million.These segments weren't the only misses. Its "Professional Visualization" department generated $293 million versus a $314 million forecast. More critically, its "Automotive" segment -- a potentially pivotal growth market -- generated $163 million, missing consensus by 10%.No investor, especially buy-and-hold types, should ignore these warning signs. But I think a temptation currently exists to conflate these shortfalls with Nvidia's supposed fundamental weaknesses. In reality, Nvidia stock probably hit what Argus analyst Jim Kelleher termed a "near-perfect storm."For instance, the video game industry broadly suffered steep declines, correlating with volatility in NVDA stock. Nevertheless, experts predict that the number of active worldwide PC gamers will increase by more than 3% annually over the next three years.Unlike most console gamers, PC gamers are extremely dedicated to their craft. They'll shell out big bucks for dedicated gaming rigs to create a seamless, latency-free experience. Therefore, we'll likely witness an increase in GPU sales, particularly for the premium brands in which Nvidia specializes.And while excess inventory remains challenging, the markets have priced Nvidia stock as if management will never find a solution. I don't think this is an accurate assessment. Moreover, if they resolve the issue, it clears the way for Nvidia's next-generation chips to flourish. Watch the Technical Risk to NVDA stockFundamentally, I view Nvidia stock as a long-term contrarian play. The tech industry typically operates in cycles. Once the bad news is priced in, we usually see a response to the upside.Further, none of the fundamental drivers for NVDA stock have disappeared. If anything, they're getting stronger. Aside from gaming, demand for driverless technologies has rapidly gained steam. While that department suffered a slip up, I can't imagine Nvidia will be down for long.However, NVDA does have a glaring technical risk. At its current setup, shares have formed a bearish pennant. Enthusiasm over its Q4 earnings result has temporarily broken this pattern's implications. But if future trading fails to drive average levels higher, watch out! We could see another jaw-dropping decline.My take? If you have a patient mindset, take a measured shot. The company has delivered a meaningful performance in Q4. Once the inventory issues have faded, Nvidia will enjoy its burst of second wind. * 7 Financial Stocks With Accelerating Growth Just make sure to keep the powder keg dry. We're still navigating choppy waters. Under these circumstances, no one can call a bottom with certainty.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Nvidia Stock Soars After Fourth Quarter, So Now What? appeared first on InvestorPlace.

  • Facebook's AI Chief Researching New Breed of Semiconductor
    Bloomberg2 days ago

    Facebook's AI Chief Researching New Breed of Semiconductor

    Yann LeCun said that future chips used for training deep learning algorithms, which underpin most of the recent progress in artificial intelligence, would need to be able to manipulate data without having to break it up into multiple batches. Most existing computer chips, in order to handle the amount of data these machine learning systems need to learn, divide it into chunks and processes each batch in sequence. "We don’t want to leave any stone unturned, particularly if no one else is turning them over," he said in an interview ahead of the release Monday of a research paper he authored on the history and future of computer hardware designed to handle artificial intelligence.