263.60 +1.29 (0.49%)
Pre-Market: 4:26AM EDT
|Bid||262.33 x 1200|
|Ask||263.95 x 1000|
|Day's Range||260.28 - 264.43|
|52 Week Range||138.58 - 269.20|
|PE Ratio (TTM)||43.60|
|Forward Dividend & Yield||0.60 (0.23%)|
|1y Target Est||N/A|
Yahoo Finance’s Seana Smith on the stocks making headlines in intraday trading Monday.
Shares of Advanced Micro Devices Inc. (amd) are down 1% in Wednesday trading after a pair of cautious notes, including from Morgan Stanley's Joseph Moore, who kept his underperform rating intact but raised his price target to $11 from $8. "We see graphics as a ~$2.6 bn run rate business in 1q18, facing a potential 25% decline from the decline in cryptocurrency mining, driving potential price declines through the whole product lineup, and facing an imminent Nvidia (nvda) product launch that they may not have an answer to for another year," Moore wrote.
The race for the world's fastest supercomputer is on. China held the lead for the last 5 years, but the United States has surged ahead with Summit. It's a $200 million government-funded supercomputer built for Oak Ridge National Laboratory in partnership with IBM IBM and Nvidia NVDA . What is a supercomputer?
Shares of Advanced Micro Devices Inc. (amd) are down 1.4% in Wednesday trading after Bernstein's Stacy Rasgon penned a cautious note on the company. "Analysis of available data suggests CPUs have likely been relatively flattish, with strong Ryzen offset by legacy declines," Rasgon wrote. "In fact, we believe GPUs have been by far the primary growth driver, likely up 80%+ YoY in 2017, & approaching ~$700M in Q118, up 200% YoY." Rasgon said that AMD is likely benefiting from increased average selling prices for its GPUs, but he thinks demand for AMD's Vega line is coming more from cryptocurrency miners than from gamers.
General Motors, Alphabet, and Aptiv are ushering in an era of transportation that will save hundreds of thousands of lives and potentially generate trillions of dollars in new services.
Nvidia (NASDAQ:NVDA) has been king of the graphics chip world for some time, but Advanced Micro Devices (NASDAQ:AMD) isn’t sleeping. Both companies have made noteworthy announcements of late — thanks in part to the fact that it’s conference season in the tech and gaming worlds — and both stocks have posted big gains of late. Nvidia, for one, introduced its first unified computing platform, capable of supporting artificial intelligence, called HGX-2.
Given that China accounts for a large portion of revenues for a number of U.S. tech companies, which include chipmakers, mobile phones and technology-based service providers, there are high chances of these players suffering significantly.
See who joins Nvidia, Adobe and Five Below on this screen based on the stock-picking criteria of Warren Buffett, including quality management and long-term, sustainable growth.
The market wants what the market wants. And that's been a lot of momentum names over the past year plus. Winners becoming bigger winners. Pullbacks have been few and far between while shorting the big movers has often resulted in big losses.
It’s not exactly news that tech giant Intel Corporation (NASDAQ:INTC) is getting into the graphics card game. The company confirmed it in November when it formed its Core and Visual Computing division with the explicit purpose — among other things — of creating a discrete high-end graphics processing unit (GPU). What owners of INTC stock didn’t know was when that endeavor might begin to bear revenue.
Chip stocks are being dumped. fell 1.70%, 1.60%, 3.20% and 2.60% respectively in morning trading Tuesday as broader markets tumbled on concern about the United States' deteriorating trade relationship with China. Computer chip makers were among the most affected by the rout, as they are highly vulnerable to increased tariffs from China.
In China, public spaces across 16 provinces, cities and autonomous regions have launched a a facial-recognition system so powerful it can compare a pedestrian’s image, regardless of angle or lighting, with a database of the country’s entire population in less than a second. Facial recognition is also used in China for more mundane tasks, such as publicly shaming jaywalkers. Soon, video analysis could play a key role in China’s plan to assign each of its citizens a “social credit score,” which is similar to a FICO score, except that it measures public behavior along with economic factors.
Its key customer, NVIDIA (NVDA), is also in the growth cycle as the adoption of AI picks up. While enjoying these demand catalysts, Micron is also preparing for a possible downturn by focusing on high-value solutions such as automotive and high-bandwidth memory, which generate higher ROI (return on investment). This strategy has increased the company’s efficiency ratios, which reflects its management’s efficiency in delivering higher returns from lower investments.
One of the most surprising beneficiaries of the cryptocurrency gold rush of the past few years is the GPU (graphic processing unit) industry. As a vital component for mining computers to efficiently solve hashing algorithms, GPUs have become a premium commodity, leading to a scarcity in supply and a spike in prices for even lower-tier graphics cards. Without GPUs, it would be significantly harder and take substantially longer to mine coins.
Memory-chip maker Micron Technology has seen its stock pull back from its recent 18-year high as the company prepares to report fiscal third-quarter results after the market close on Wednesday.
As governments around the world follow China, leveraging artificial intelligence (AI) technology for massive surveillance infrastructure and real-time facial recognition, chipmaker NVIDIA Corp. ( NVDA) is set to gain on an additional $5 billion sales opportunity by 2020, according to one team of bulls on the Street.
AMD, founded in 1969, develops computer processors and related technologies for business and consumer markets. The company trails behind rival Intel Corp. ( INTC) in the market for x-86-based microprocessors, and competes against Nvidia Corp.
Shares of Wall Street superstar Micron (MU) opened slightly lower on Monday, just two days before the company is set to release its third-quarter fiscal 2018 financial results. So let's take a look to see why the semiconductor giant looks like a strong buy stock that investors might want to consider scooping up before Micron reports on Wednesday afternoon.
Northland Capital Markets lowers its rating to underperform from market perform for Intel shares, citing rising competition from AMD and Nvidia. The firm predicts Intel's sales growth in its data center segment will drop to 20 percent in its third quarter and fall to 11 percent in its fourth quarter. Intel's INTC sales growth in the data center market will slow this year, according to a small Wall Street firm.