20.15 +0.13 (0.65%)
After hours: 7:59PM EDT
|Bid||20.14 x 4000|
|Ask||20.15 x 900|
|Day's Range||19.63 - 20.28|
|52 Week Range||9.04 - 20.28|
|PE Ratio (TTM)||69.27|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.96|
Nvidia (NVDA) saw its stock price surge over 1.7% Tuesday after the chipmaker officially unveiled its much-anticipated, eighth-generation GPU architecture. Nvidia's new Turing line of graphics chips is the company's "most important innovation in computer graphics in more than a decade," according to CEO Jensen Huang. But the Turing GPUs won't help NVDA's Q2 financial results, so let's see if the stock is still worth buying ahead of Thursday's earnings release.
Its commonly used Core and Xeon processors were among the products that were affected, the company said. Intel also released updates to address the issue and said new updates coupled those released earlier in the year will reduce the risk for users, including personal computer clients and data centres. In January, the company came under scrutiny after security researchers disclosed flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Micro Devices Inc (AMD.O) and ARM Holdings.
AI in the data center is a fast-growing segment of the market that Intel is desperate to show investors it can eventually dominate.
U.S. chipmaker Intel Corp on Tuesday disclosed three more possible flaws in some of its microprocessors that can be exploited to gain access to certain data from computer memory. Intel also released updates to address the issue and said new updates coupled those released earlier in the year will reduce the risk for users, including personal computer clients and data centers. In January, the company came under scrutiny after security researchers disclosed flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Micro Devices Inc and ARM Holdings.
Nvidia (NASDAQ:NVDA) has always been a solid tech investment, but it has truly come to life over the past two-and-a-half years. In 2016, NVDA stock gained nearly 234%. Fundamentally, the valuation for NVDA stock has become very rich.
Advanced Micro Devices Inc. ( AMD) has been one of the hottest stocks of 2018, with shares rising by about 95%. The good news, shares may be going even higher, perhaps by another 12%, based on technical analysis. Earnings estimates beat by more than 10%, while revenue topped estimates by about 2% on the strength of its Ryzen and EPYC chips. That has led analysts to increase their earnings and revenue estimates for the next two years.
Nvidia (NASDAQ:NVDA) has had a very solid 12 months, with NVDA stock up 50% during the period. With cryptocurrency and new PC games driving sales of its consumer video cards and data centers snapping up its high powered GPUs, the company has seen strong growth. One area that has underperformed its other divisions is the GPUs used by professional digital-content producers.
AMD (AMD) ups the game in HEDT market by announcing availability of second generation AMD Ryzen Threadripper 2990WX desktop processor.
Worth a closer look today are stock charts of Micron Technology (NASDAQ:MU), Tapestry (NYSE:TPR) and PPL (NYSE:PPL). Micron Technology was all the rage in 2017, and even into early 2018. The weekly chart of MU illustrates just how much ground was gained since late 2016, pointing to how much ground could be given back if the last of the key technical support lines buckles.
In this series, we’ll be taking a look at the dividend trajectories of some major semiconductor companies, including Intel (INTC), Nvidia (NVDA), Qualcomm (QCOM), Advanced Micro Devices (AMD), and NXP Semiconductors (NXPI). Let’s start with Intel.
Advanced Micro Devices' stock jumped 3.52% Monday, to close the day at $19.73. The stock recorded a trading volume of 79,460,635 shares, which was above its three months average volume of 67,048,865 shares. In the last year, Advanced Micro Devices' shares have traded in a range of 9.04 - 20.18.
U.S. stock index futures inched higher on Tuesday as global markets bounced back from concerns of weakness in Turkish currency, with gains in technology stocks lifting sentiment. Shares of the big six U.S. lenders were trading between flat and up 0.6 percent in early premarket trading on Tuesday. S&P 500 e-minis were up 10.25 points, or 0.36 percent and Nasdaq 100 e-minis were up 34.75 points, or 0.47 percent.
At a gathering of graphics professionals on Monday, Nvidia rolled out its newest generation of chip technology, called Turing after the legendary British computer scientist Alan Turing. Nvidia says the new generation of chips will let designers make those changes in real time, which could speed up the creative process - and which Nvidia hopes customers will pay a premium for. "Turing is Nvidia's most important innovation in computer graphics in more than a decade,” Jensen Huang, founder and CEO of Nvidia, said in a statement.
Insurance administrator Health Insurance Innovations rose in above-average volume. The stock hit a new high for the third consecutive session.
After starting off higher on the day, U.S. indices had trouble maintaining altitude throughout the trading session. Worries over Turkey combined with a strong rally over the past six weeks is likely acting as a catalyst for profit taking. Let’s see if there are any opportunities for our top stock trades.Top Stock Trades for Tomorrow #1: Advanced Micro (AMD)
Investing - Food distributor Sysco (NYSE:SYY) jumped in midday trading on strong quarterly numbers, while shares of Netflix (NASDAQ:NFLX) took a hit on news of a departing senior executive.
Chip underdog Advanced Micro Devices is getting ready for explosive growth that could outpace incumbents like Intel Corp., and its executives see it as a critical time to recruit diverse talent.
SANTA CLARA, Calif., Aug. 13, 2018-- AMD today announced the availability of world’ s most powerful desktop processor 1, the 2 nd Gen AMD Ryzen Threadripper 2990 WX processor with 32 cores and 64 threads. ...
Benzinga has featured looks at many investor favorite stocks over the past week. Semiconductor stocks were featured in both bullish and bearish calls this past week. Bearish calls included the case for ...
—AMD advances the field of VFX with Vancouver Film School collaboration and unveils powerful new workstation technologies for creative professionals, including new plugin support for Radeon™ ProRender—. ...
Earnings news sent Trade Desk and Universal Display to strong early gains Friday, while weakness in chip stocks threatened to snap the Nasdaq's eight-day rally.