213.30 +1.02 (0.48%)
Pre-Market: 6:18AM EST
|Bid||213.30 x 800|
|Ask||213.99 x 800|
|Day's Range||203.77 - 213.35|
|52 Week Range||124.46 - 213.35|
|Beta (3Y Monthly)||2.06|
|PE Ratio (TTM)||54.36|
|Earnings Date||Feb 12, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||0.64 (0.31%)|
|1y Target Est||231.24|
Three rival chip giants, Advanced Micro Devices Inc., Intel Corp. and Nvidia Corp., all rolled out new products at the annual supercomputing conference, in an increasingly competitive battlefield to speed up the fastest computers on earth.
SC19 -- NVIDIA today introduced NVIDIA Magnum IO, a suite of software to help data scientists and AI and high performance computing researchers process massive amounts of data in minutes, rather than hours. Optimized to eliminate storage and input/output bottlenecks, Magnum IO delivers up to 20x faster data processing for multi-server, multi-GPU computing nodes when working with massive datasets to carry out complex financial analysis, climate modeling and other HPC workloads. NVIDIA has developed Magnum IO in close collaboration with industry leaders in networking and storage, including DataDirect Networks, Excelero, IBM, Mellanox and WekaIO.
SC19 -- NVIDIA today introduced a reference design platform that enables companies to quickly build GPU-accelerated Arm®-based servers, driving a new era of high performance computing for a growing range of applications in science and industry. Announced by NVIDIA founder and CEO Jensen Huang at the SC19 supercomputing conference, the reference design platform — consisting of hardware and software building blocks — responds to growing demand in the HPC community to harness a broader range of CPU architectures. It allows supercomputing centers, hyperscale-cloud operators and enterprises to combine the advantage of NVIDIA’s accelerated computing platform with the latest Arm-based server platforms.
SC19 -- NVIDIA today announced the availability of a new kind of GPU-accelerated supercomputer in the cloud on Microsoft Azure. Built to handle the most demanding AI and high performance computing applications, the largest deployments of Azure’s new NDv2 instance rank among the world’s fastest supercomputers, offering up to 800 NVIDIA V100 Tensor Core GPUs interconnected on a single Mellanox InfiniBand backend network.
The Dow Jones turned slightly lower early Monday on renewed China trade jitters, but a strong showing for Disney stock lifted the index off lows.
Companies that want to survive in this world need better tech -- tech that individualizes, tech that tells the story, tech that keeps it current, tech that keeps customers happy.
Worries flared that the U.S. and China won’t be able to reach a trade deal. Nvidia bounced back from its post-earnings drop at the end of last week.
It’s been an amazing run, with major indices making new highs Friday on the heels of earnings season, and the Dow Jones Industrial Average ($DJI) finishing last week above 28,000 for the first time. While a lot of excitement toward the end of last week and again early Monday centered around China trade talks (which China’s Ministry of Commerce called “constructive”) and the opening of retail earnings season, what’s going on in earnings actually seems like it might be just as important. For instance, JD.com Inc (NASDAQ: JD), an e-commerce company in China that competes against Alibaba Group Holding Ltd (NYSE: BABA), talked about Chinese consumer strength not just being in the major cities, but also in secondary ones.
Intel (INTC) makes a slew of announcements at Supercomputing 2019 event pertaining to its latest GPUs based on Xe architecture, and divulged details on OneAPI software and Aurora exascale system.
A week ago, NVIDIA Corporation (NASDAQ:NVDA) came out with a strong set of third-quarter numbers that could...
Large and midcap growth dominated U.S. diversified stock funds during the past month, while resurgent semiconductor stocks fueled chip sector funds.
We searched for semiconductor stocks utilizing our Zacks Stock Screener that investors might want to consider buying ahead of what could be a strong year for chip companies in 2020...
They have no competitors. That's what I was thinking last night when I was listening to Nvidia on a conference call where it's clear that the company is pulling away, once again, from all comers.
Before the open on Thursday, Walmart (NYSE: WMT) announced an EPS beat along with a slight sales miss. The company raised 2020 EPS guidance. Off the open on Thursday, the issue gobbled up the institutional sellers at $125, raced to $125.38 and sharply reversed course.
NVIDIA Corporation (NASDAQ: NVDA ) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America ...
Nvidia stock is trading lower as the chip maker’s guidance for its current quarter failed to impress investors even as its earnings beat expectations.
I believe that right now, Nvidia is fortunate to be very strong in a business that is consumer-centric, but business spending will return in size at some point.
It has been a challenging year for many American chipmakers, but you'd never know it from the performance of Advanced Micro Devices (NASDAQ:AMD). Despite being the underdog in the fiercely competitive CPU and GPU markets, despite the collapse last fall of the crypto currency market and despite the trade war between the U.S. and China, AMD stock has been a top performer in 2019.Source: Joseph GTK / Shutterstock.com After another 2.21% pop to close at $38.35 on Thursday -- its highest level in 13 years -- Advanced Micro Devices stock is now up nearly 108% for the year.However, if you haven't yet got in on the AMD action, now probably isn't the time to do so.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD Stock Pops on EPYC Server NewsAdvanced Micro Devices has been making real progress against Intel (NASDAQ:INTC) in the PC processor market. In Q3, the company hit one third of the global marketshare for computer CPUs for the first time in 12 years. AMD also scored a symbolic victory over Intel when Microsoft (NASDAQ:MSFT) announced it was using a custom AMD Ryzen chip in its new 15-inch Surface Laptop 3.But what triggered this week's pop in AMD stock was on the server front -- another area where AMD is making inroads against Intel's domination. * 10 Cheap Stocks to Buy Under $10 On Nov. 12, it was announced that Chinese internet giant Tencent (OTCMKTS:TCEHY) is now using AMD EPYC servers for its cloud services. The move to the AMD servers will reportedly save Tencent big money. AMD says that the EPYC servers deployed at Tencent are 50% more energy efficient under maximum load, while delivering overall performance gains of 35%. With 1.1 million servers already in operation and rapid growth, the Tencent announcement has been enough to propel the price of AMD stock over 5% since the news hit. What Does 2020 Look Like for AMD?A lot of things have been going AMD's way in 2019, helping the company to bounce back from last year's crypto-collapse shock. When the bottom of that market fell out, AMD stock dropped 47% in just five weeks. However, a repeat of 2019's triple-digit growth doesn't seem likely. In fact, among the 33 analysts polled by CNN Business, the consensus for this high-flying tech stock is "hold" with a median 12-month price target of $35 -- a downside of 8.7%. Why the pessimism?First, that massive growth in AMD's stock price in 2019 has in large part been recovery from the spectacular collapse last year. With AMD performing so well this year, continued growth will be tougher to justify.Intel will make that job more difficult for AMD. Advanced Micro Devices has gained marketshare against Intel because of compelling chip design; however, Intel has also suffered chip shortages this year that has led to some PC manufacturers choosing AMD instead. Intel announced it is ramping up production capacity by 25% in 2020 to address that shortfall. In addition, Intel's new 10nm chips are now shipping in volume. * 7 Troubled Dividend Stocks With Yields Too Good to Be True In other words, AMD was able to take full advantage of Intel's weaknesses in 2019, but next year, the battle for PC processor supremacy is expected to be a tougher one. Intel is also set to play spoiler in the graphics card market. AMD has been wresting marketshare from Nvidia (NASDAQ:NVDA) in 2019. In the third quarter, the company shipped more video cards than Nvidia for the first time since 2014. Nvidia is fighting back with new "Super" versions of its card and price-cutting, so expect 2020 to see an epic battle between the two. Intel comes into play in 2020 because for the first time, the company will release a discrete graphics card -- the Intel Xe.That means next year, AMD will be taking on both Nvidia and Intel in the battle for graphic card marketshare. This year has been a great year for Advanced Micro Devices. If you bought AMD stock after the 2018 disaster, you are sitting on a very nice gain. But the factors that helped propel AMD this year won't necessarily be in play next year, and a re-invigorated Intel is set to make things tougher for Advanced Micro Devices on multiple fronts.So don't buy AMD stock now expecting next year to be a repeat performance.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Silver and Gold Stocks to Buy That Offer Contrarian Upside * 7 Earnings Reports to Watch Next Week * 5 Online Retail Stocks to Buy on the Dip The post Have the Gains in Advanced Micro Devices Stock Reached Their Limit? appeared first on InvestorPlace.
Nvidia Corp. shares slipped Friday, following a big rally over the past quarter after the chip maker forecast it was returning to revenue growth, and more than half the analysts who cover the company hiked price targets.
Financial markets are overvalued, according to an Oxford Economics forecast, so don’t expect much in the way of gains for stocks even if a recession is avoided.