|Bid||173.22 x 900|
|Ask||173.20 x 1000|
|Day's Range||173.00 - 179.02|
|52 Week Range||124.46 - 292.76|
|Beta (3Y Monthly)||2.29|
|PE Ratio (TTM)||26.43|
|Earnings Date||May 15, 2019|
|Forward Dividend & Yield||0.64 (0.38%)|
|1y Target Est||186.38|
Imagine if you had the power to turn your old-school Microsoft Paint doodles into actual art. Well, NVIDIA's latest AI-driven software can do just that. The GauGAN image creator, named after the French post-Impressionist painter, uses generative adversarial networks to transform even the crudest of sketches into a photorealistic landscape.
More Action: US-China Trade Talks Resume Next Week(Continued from Prior Part)US-China talks In the previous part, we discussed that the US (QQQ) and China plan to resume the trade talks next week. So far, China’s economic data have disappointed
Real-time ray-tracing has tremendous potential to create more lifelike visuals for games, as well as to help film and TV studios speed up the creation of such visuals for their content. Nvidia has made the ability to play games supporting real-time ray tracing one of the key selling points for its recently-launched GeForce RTX gaming GPU line. At the start of the panel, a series of impressive demos featuring ray-traced content were shown (Nvidia asked that no photos be taken).
Analysts applaud the chip maker’s investor event but see little room for further gains after a big rally in the shares
NVIDIA (NVDA) is gaining a solid traction from the wide adoption of its Turing GPU and its real-time ray tracing technology. This is understood from the announcements made by the company at GTC 2019.
Tech and Media's Latest: NVIDIA, Netflix, Hulu, EA, and AppleChip stocks have outperformed broader markets in 2019 Semiconductor stocks have been on a roll lately. YTD (year-to-date), the VanEck Vectors Semiconductor ETF (SMH) has risen 22% compared
Micron: Will Data Economy Opportunities Mitigate Industry Cyclicality?(Continued from Prior Part)Micron in the PC market Memory is the biggest segment of the semiconductor industry, and its contribution is set to grow even further given
ON Semiconductor (ON) is focused on improving optical simulation capabilities to strengthen its position in producing autonomous vehicle sensors.
Google is leveraging Advanced Micro Devices (AMD) Radeon datacenter GPUs customized for Stadia cloud-based game streaming service.
Why Investors Should Closely Watch Micron's Q2 Earnings(Continued from Prior Part)Analysts’ price target for Micron The cyclical nature of Micron Technology (MU) stock has its own bull and bear cases. It is beneficial to buy a cyclical stock in a
NVIDIA Corporation (NASDAQ: NVDA ) held its investor day Tuesday in conjunction with its GTC Developers Conference. The Analysts Bank of America Merrill Lynch analyst Vivek Arya maintained a Buy rating ...
Micron: Will Data Economy Opportunities Mitigate Industry Cyclicality?Memory: the largest segment of the semiconductor industryThe world is moving toward a data economy, and the semiconductor industry is one of the biggest beneficiaries of this
(Bloomberg) -- Nvidia Corp. was little changed in pre-market trading on as analysts continued to digest the semiconductor company’s Tuesday investor meeting. While management’s commentary, particularly on gaming, was seen as constructive, analysts said Nvidia still has a ways to go before returning to its former records.
Stock: The European Union fined Google $1.7 billion for unfairly benefiting its ad business over rivals. A hot IPO soared on earnings.
Why Jeffrey Gundlach Thinks We're Still in a Bear Market(Continued from Prior Part)Prospect of a US recession Jeffrey Gundlach’s favorite leading indicator for predicting a recession is the US Conference Board Leading Economic Index, which he calls
Why Broadcom Stock Is Gaining Momentum This Month(Continued from Prior Part)Broadcom’s free cash flow Chip maker Broadcom (AVGO) has strong free cash flow and remains committed to rewarding its shareholders with cash dividends and share buybacks.
[Editor's note: This story was previously published in December 2018. It has since been updated and republished.]Chip stocks have been among the market's biggest winners over the past several years. Huge demand tailwinds from the data center, cloud computing, connected device and artificial intelligence (AI) markets have converged on a limited-supply base, creating a "high demand, low supply" dynamic in the chip market wherein chip prices are soaring.Consequently, chipmakers have seen revenues and profits dramatically improve over the past several years. Such improvements have driven huge gains in chip stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGoing forward, the outlook is less certain. Chip supply won't remain subdued forever -- it is already ramping to meet demand, and there are some reports out there that chip prices may have already peaked. * Top 7 Service Sector Stocks That Will Pay You to Own Them Thus, when looking out over the next several years, increased chip supply means that it will be difficult for chip stocks to remain red-hot.But, some chip stocks will still do very well due to solid fundamentals. With that in mind, here's a list of three chip stocks which I think will keep performing for investors over the next three years.Source: Shutterstock Intel (INTC)For the first eight months of 2018, Intel (NASDAQ:INTC) stock was stuck in neutral. Growth wasn't really coming from anywhere. Margins were under pressure. INTC stock bounced around in the mid-$40s.Things have been better since the beginning of the year, with Intel stock shaking of the $40s and starting its move toward $60.For awhile, the consensus belief was that Intel's days of gaining market share in high-end cloud computing markets are over, and that competition will erode growth for the foreseeable future. While this belief brought it down from its $57 high of 2018, INTC stock already has returned to those levels in the upper $50 range.Historically speaking, Intel always fights back, defends market share and remains a prominent player. Plus, Intel has the scale and resources to overpower a lot of its competitors.From this perspective, last year's selloff in INTC stock clearly was overdone. This is a company with healthy revenue and earnings growth potential over the next several years through continued growth in its data-centric business.I reasonably see $5.50 in earnings per share in five years. A historically average 13x forward multiple on that implies a four-year forward price target of $71.50. Discounted back by 10%, that equates to three-year forward price target of $65, which represents a 12% upside from current levels.Source: Shutterstock Micron (MU)Shares of Micron (NASDAQ:MU) roared from $10 to $60 in two years because the supply-demand fundamentals in the memory chip market were increasingly favorable for suppliers like Micron. As stated in the intro, though, those supply-demand fundamentals are becoming increasingly less favorable.When it comes to MU stock, though, the aforementioned supply ramp concerns are significantly overstated and lack an understanding of the company's demand tailwinds.While demand in the memory chip market is forecast to slow, demand from datacenter, IoT, autonomous driving and AI markets will remain big growth markets for the next three to 10 years. Thus, regardless of where supply goes, demand will remain robust. Robust demand against rising supply means that chip prices will remain relatively high, and that Micron's earnings will remain strong. * 7 Small-Cap Stocks That Make the Grade Normally, these supply ramps last two years, and cause earnings per share at Micron to drop $4 during that stretch. Earnings for fiscal 2018 were $11.95 per share. Thus, history says that earnings will shake out around $8 per share by fiscal 2020.Over the past five years, MU stock has historically traded around 9x forward earnings. Applying that historically average 9X forward multiple to $8 in earnings per share in fiscal 2020 implies a fiscal 2019-end price target of $72. That represents 80% upside from current levels.Source: Shutterstock Nvidia (NVDA)When it comes to chip stocks, the reason to own them for the long haul is to gain broad exposure to multiple data-centric markets that are currently nascent but oozing with hyper-growth potential. These markets include data-centers, IoT, AI, automation, and AR/VR.When it comes to those markets, no chip stock is as dominant as Nvidia (NASDAQ:NVDA). That is why NVDA stock has gained more than 1,000% over the past three years. Because these markets are still in their early stages, NVDA stock also has a lot of growth left over the next several years.Just look at the markets Nvidia is servicing. The global data center market is expected to grow by somewhere between 10% and 20% over the next several years. IoT is projected to be a 25%-plus growth market over the next several years. Autonomous driving is pegged as a 40% to 60% annualized growth market over the next several years. IDC thinks the AR/VR market will grow at a 50%-plus rate over the next five years.Nvidia has ample exposure to all of those markets. In this sense, Nvidia makes the chips that power tomorrow's biggest growth markets. That gives NVDA stock both a big and diverse multiyear growth trajectory.Declines over the past few months have dulled Nvidia's previously sharp valuation. Whereas it used to trade at 33x forward earnings, Nvidia stock now trades around 20x future profits. We didn't consider a 33x valuation too expensive considering Nvidia's growth prospects, and we don't consider its much more reasonable 20x valuation expensive either.All in all, over the next several years, NVDA stock will continue to be a winner as investments into AI, data-centers and automation accelerate.As of this writing, Luke Lango was long INTC and MU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Growth Stocks With Strong Fundamentals * The 10 Wildest Stock Market Predictions for 2019 * 7 Hot Stocks to Buy in a Cold Market Compare Brokers The post 3 Chip Stocks to Buy for the Next 3 Years appeared first on InvestorPlace.
Fed Speaks Today on Balance Sheet, Rate Hike Projections There are no expectations for the Fed to raise interest rates at the post FOMC meeting press conference today at 2:00pm, but traders will be looking for indications on when the balance sheet reduction program will end and how many rate hikes the Federal Reserve expects […]The post Market Morning: Fed Speaks, FedEx Falls, Starbucks Stars, Bayer In Trouble appeared first on Market Exclusive.
On different ends of the Bay Area, the CEOs of two tech giants espoused different visions for a streaming future for videogames on Tuesday.
Nvidia makes graphics chips for PCs and laptops that help video games look more realistic. Now the company is putting those same chips inside servers in data centers so that gamers who do not have an Nvidia chip in their computer can stream games from the data center.