246.50 -3.98 (-1.59%)
Pre-Market: 7:07AM EDT
|Bid||246.01 x 100|
|Ask||246.50 x 1100|
|Day's Range||248.48 - 251.25|
|52 Week Range||95.49 - 254.50|
|PE Ratio (TTM)||51.97|
|Earnings Date||May 7, 2018 - May 11, 2018|
|Forward Dividend & Yield||0.60 (0.24%)|
|1y Target Est||251.29|
RBC Capital’s Mitch Steves, who follows shares of Nvidia (NVDA), writes that he’s lately been getting more questions about the importance of the crypto-currency market for its business, and he has some cautious views on the matter. Steves, who has an Outperform rating on Nvidia stock, writes that the economics of crypto “mining,” the process to add to the blockchain for a currency by which one participates, have “broken down." In particular, the price of the currency “ether” has to be $185 or so for people to make a profit mining the currency using computers with either Nvidia or Advanced Micro Devices (AMD) graphics chips that they already own. It will obviate any mining at all for ether.
The Dow Jones industrial average outperformed by a wide margin in afternoon trading Thursday, helped by strength in shares of McDonald's.
For the most part, investors have shrugged off reports of chip flaws at Advanced Micro Devices, Inc. (NASDAQ:AMD). AMD stock actually rose 1% on Tuesday, when the flaws were announced. The AMD stock price yesterday (Wednesday) dropped 2.4% in a weaker tech market.
Intel (INTC) has joined hands with Advanced Micro Devices (AMD) to bring the latter’s discrete GPU (graphics processing unit) technology to its laptop CPU (central processing unit). With this partnership, Intel aims to increase its revenue from the declining PC (personal computer) market. Intel has been increasing its PC revenue by increasing its ASP (average selling price) through product segmentation.
This graphics processor company is trying to stay a step ahead of a potential reduction in GPU demand from cryptocurrency miners.
In March 2017, Texas Comptroller of Public Accounts Glenn Hegar issued a frank assessment of the state’s Employees Retirement System. A number of factors were making ERS’s “viability uncertain,” including unrealistic assumptions about investment returns, the state’s failure to make adequate contributions, earlier retirements and longer life expectancies. Some options Hegar suggested were raising member and/or state contributions, selling bonds to fund the pension, and--always popular in election years--reducing benefits to current and future states hires.
When it comes to analyzing the bitcoin price, I’m going to drop a major truth bomb: I can’t give you a purely unbiased opinion. Although I aim for evenhandedness in all my articles, I can’t help but believe in the cryptocurrency sphere’s long-term potential. As a result, some of that enthusiasm will inevitably color my assessment.
Rising revenue and falling expenses increased Intel’s (INTC) non-GAAP (generally accepted accounting principles) operating margin from 27.8% in 2016 to 31.2% in 2017. In dollar terms, its operating income rose 18% YoY to $19.6 billion in 2017. On a quarterly basis, Intel reported its highest operating income in over two years of $5.9 billion, or 34.7%, for fiscal 4Q17.
As we witness the fourth technology shift toward AI (artificial intelligence) and IoT (Internet of things), the overall semiconductor industry has increased its R&D (research and development) spending. According to a report by IC Insights, the top ten R&D spenders increased their spending 6% YoY (year-over-year) in 2017, but no one could beat Intel (INTC). Intel spent $13.1 billion in R&D in 2017, which was 3% higher YoY (year-over-year).
President Trump is poised to impose sweeping tariffs on China, unnerving investors Tuesday. Dow Jones giants Boeing, Apple, Intel are at particular risk.