|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||171.11 - 178.45|
|52 Week Range||124.46 - 292.76|
|Beta (3Y Monthly)||2.29|
|PE Ratio (TTM)||26.21|
|Earnings Date||May 15, 2019|
|Forward Dividend & Yield||0.64 (0.35%)|
|1y Target Est||186.38|
While creating self-driving car systems, it's natural that different companies might independently arrive at similar methods or results — but the similarities in a recent "first of its kind" Nvidia proposal to work done by Mobileye two years ago were just too much for the latter company's CEO to take politely. Amnon Shashua, in a blog post on parent company Intel's news feed cheekily titled "Innovation Requires Originality, openly mocks Nvidia's "Safety Force Field," pointing out innumerable similarities to Mobileye's "Responsibility Sensitive Safety" paper from 2017. It is clear Nvidia’s leaders have continued their pattern of imitation as their so-called “first-of-its-kind” safety concept is a close replica of the RSS model we published nearly two years ago.
How much of a cause for concern is the inverted yield curve? Semiconductors led the selling, but investors don't appear ready for hedges.
Micron Technology (MU) posted worse-than-expected earnings and revenue results last week as the chip firm faces a significant decline in DRAM and NAND pricing, along with reduced demand from the likes of Apple (AAPL). Shares of MU briefly climbed in response to the report and Micron stock is up roughly 27% this year. But the chipmaker's outlook appears rough going forward.
Shares of Nvidia Corp. (NVDA), the world's largest manufacturer of graphics processing units, dropped more than 50% between September and December 2018. The company announced its fourth-quarter results on Feb. 14. Warning! GuruFocus has detected 2 Warning Sign with NVDA.
Morgan Stanley: ‘Get Defensive’ on Inverted Yield Curve(Continued from Prior Part)Morgan Stanley bearish on S&P 500 Morgan Stanley chief equity strategist Michael Wilson’s year-end target for the S&P 500 (SPY) is among the most bearish
Nvidia (NVDA) hosted an Investor Day last week, one that had increased importance as the company’s stock has dropped more than 50% since its 2018-high. Based on analyst responses and a quick uptick in share prices, Nvidia did a good job conveying a positive message on the health of its company. The company said that inventory challenges it faced in late-2018 were behind them, as it remains confident that growth will continue coming from auto, data-centers and gaming. While investors have generally had confidence in Nvidia’s long-term potential, it has been the short-term questions that have dogged the stock. With these seemingly being past the company, good times are ahead. Tigress analyst Ivan Feinseth agrees with this premise, as he continues to rate the company a Buy. (To watch Feinseth's track record, click here)Speaking on data centers, Feinseth says Nvidia’s acquisition of Mellanox “increases [its] data center capabilities and reduces dependence on gaming.” The company acquired Mellanox Technologies earlier in March for $6.9 billion, as Feinseth believes the company expanded “its expertise in the growing data center components market.” Furthermore, “the acquisition will further accelerate NVDA’s integration of its GPUs in data centers driving faster innovation and processing of data, and integrating AI capabilities in large databases.”On its Turing Architecture, Feinseth points out this is “driving the next generation of GPU technology.” The analyst believes it “enables real-time graphic ray tracing which is a rendering technique for generating images by tracing the path of light as pixels in an image plane and simulating interactions with virtual objects. It increases the capabilities of producing very high degrees of visual realism which has many applications including e-sports, gaming, and in computer-generated video production.” This product will be increase offerings to media and entertainment, and manufacturing industries, among others. Feinseth remains bullish on NVDA stock "as new data center opportunities along with an expected turnaround in gaming GPUs in the second half of this year will overcome near-term headwinds.” The analyst says, “recent weakness from macro headwinds and a significant drop in demand from crypto mining will start to turn later in this year,” which will provide a boost to its stock. Furthermore, “NVDA continues to evolve into a platform provider with expertise in graphics processing, computing, and deep learning. GPUs for gaming and artificial intelligence for high-performance computing and cloud data centers are NVDA’s key growth drivers.”All in all, Nvidia, which was one of Wall Street’s hottest stocks for much of the past few years, hit a few speed bumps in 2018. But the analyst community is still optimistic about the company in the long run. TipRanks analysis of 32 analyst ratings on Nvidia shows a Moderate Buy consensus, with 21 analysts recommending Buy, ten recommending Hold and one saying Sell. The average price target is $188.38, representing a 9.5% upside to current levels. (To see NVDA’s price target on TipRanks, click here) Read more on NVDA:Nvidia’s (NVDA) Analyst Day Spotlights the Value of an Ecosystem, But the Stock Is Overvalued, Says NeedhamNvidia’s (NVDA) GPU Technology Conference Kicks Off; Rosenblatt Maintains Buy on the StockNvidia (NVDA) Makes an Eyebrow-Raising Acquisition; Here’s What Analysts Had to SayTechnology Stocks This Week: Nvidia (NVDA) Doubles Down on Data Center, Key Tech Players Team Up for CXL Interconnect More recent articles from Smarter Analyst: * Square (SQ) Stock Has 20% Upside Potential, Says Top Analyst * Stock Market Reaction to Micron (MU) Earnings Was Positive, but Short-Lived; MKM Weighs In * There’s No Middle Ground for Tesla (TSLA) Stock * Qualcomm (QCOM) Stock Remains an Attractive Dividend Pick
What's Ahead for Micron?(Continued from Prior Part)Micron’s cash flows and debt levelsMicron (MU) recorded operating cash flows of $8.2 billion and spent $5.4 billion in capital expenditure in the six months ending in February. The company ended
Learning how to invest in stocks can be intimidating. Stock market beginners face many questions. How to buy stocks? When to sell? How to read charts? Here you'll find answers.
Markets Weak despite Mueller Report: ‘It’s the Economy, Stupid’Futures Futures are pointing to a weak opening for the S&P 500 Index (SPY) and the NASDAQ Composite Index (QQQ). Over the weekend, US Attorney General William Barr released a
What's Ahead for Micron?(Continued from Prior Part)DRAM and NAND pricing declineMicron (MU) is the largest US manufacturer of DRAM (dynamic random-access memory) and NAND (negative AND) memory chips, which are mainly used in mobile devices and
OpenAI, the artificial intelligence company co-founded by Elon Musk, blocked a tool created for language modelling last month after deciding it might be misused to produce “fake news”. to raise more money, citing competition from major tech companies in the artificial intelligence wars. Alphabet, Facebook, Amazon, Microsoft and others are all throwing money at AI.
What's Ahead for Micron?Micron’s revenues in Q2Micron’s (MU) revenue growth has fallen at a double-digit rate YoY for the past few quarters. However, the revenue growth rate has been declining for the past six straight quarters. In the second
annual developer conference drives home is the extent to which Nvidia is now a software company as much as it is a graphics chip developer. While at Nvidia's GPU Technology Conference (GTC) this week, I had a chance to talk with Ian Buck, the company's VP of Accelerated Computing. Buck is in charge of Nvidia's Datacenter business (it covers server GPUs and related hardware and software), which produced $2.9 billion in revenue during the company's most recent fiscal year.
Welcome to the first episode of our new explainer series, Upscaled. We're going to be examining the components and gadgets that are helping move technology forward, and in this first episode, we're looking at graphics cards.
Tech stocks have made a spectacular comeback this year but face a number of political and economic risks that could send crashing again.
With the government’s interest in artificial intelligence heading toward a fever pitch, the pressure is on for contracting officers to find new tricks within the rules of the road to keep pace.
XPeng was likely little known to most people in Silicon Valley before a trade theft lawsuit by Tesla this week. But it has partnered with Nvidia and is one of a growing number of Chinese auto tech startups in Silicon Valley.
Mario Draghi: Is another ‘Whatever It Takes’ Moment at Hand?Mario Draghi Today, we got another round of dismal data points from Europe (VGK)(EZU). According to a Markit survey, Germany’s (EWG) March PMI Composite Output Index fell to a
Given the 10% gain AMD (NASDAQ:AMD) logged on Tuesday, many investors are optimistic about the latest news. But I don't personally believe the company's role in a new streaming-game platform developed by Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is a reason to buy AMD stock.Source: Matthew Rutledge via Flickr Some investors will disagree with me -- although most of those investors will tout AMD optimism for any and all reasons. Advanced Micro Devices stock has been terribly rewarding since turning around in 2016. Traders have largely convinced themselves the foreseeable future is going to look a lot like the past. A closer, critical look at the new video game service from Google, however, reveals AMD's role is the least important one in a platform that may or may not be a smashing success. It's ComplicatedHardcore gamers may understand the implications better than the average non-gamer, but for the rest of us: Even as Microsoft's (NASDAQ:MSFT) Xbox or Sony (NYSE:SNE) Playstation move toward downloaded games and away from physical discs, their games are played -- and processed -- on the consoles themselves. Meanwhile, on Google's Stadia, games will be played entirely from Google's servers using a high-speed internet connection.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks That Will Continue to Rebound in 2019 AMD's role in the new service? It handles the heavy-duty graphics processing from the cloud, rather than offloading that work onto a graphics card that would normally be installed on a console.See, with Stadia, there is no physical console. The cloud is the console, meaning its games can be reasonably played on any device.It's actually a rather savvy and gutsy move from Alphabet. Microsoft can create a complete, self-contained gaming experience on an Xbox. Ditto for Sony. Not so with Stadia though. While it can handle most aspects of game-play, Google and AMD are still ultimately relying on the speed and quality of the internet connection its gamer customers subscribe to.Surprisingly, it's not been a problem yet. Initial tests of the service's latency -- or the lag between pushing a button on a controller and seeing the result on a screen -- suggest Google has figured out how to make the Stadia experience almost as good as that of console game-play. Google, meanwhile, has developed a custom game-controller to further abate potential latency.There's a rub for current and would-be owners of AMD stock, however. Of all the major hurdles that Stadia has to clear to work well, Advanced Micro Devices' is the easiest.It would also be the easiest piece of the puzzle to replace. Are Google's Plans Too Expensive?That's not to say AMD could be replaced by a rival like Nvidia (NASDAQ:NVDA) or Intel (NASDAQ:INTC) with just the flip of a switch.The architecture powering Stadia is based on AMD's Radeon GPU, but customized to meet Google's specific needs. Each card is capable of handling up to 10.7 teraflops of data at a time, handily topping the graphics-processing loads being handled by even the newest consoles like the PS4 Pro and the Xbox One X.The end result? Stadia will be able to deliver 4K quality at the 60 frames per second most gamers expect from high-end games. When the time comes, Google promises 8K quality and 120 frames per second.AMD's GPU prowess may not matter, however, for a handful of reasons.One of them is the aforementioned lag, or latency, of an internet connection. Connections as fast as 50 or even 100 megabits per second are quickly becoming the new norm, and the advent of 5G promises even wider access to ultra-high speed connectivity. Still, for streaming gaming, that connection has to be consistent, and free of any glitch.There's also the not-so-small matter that to deliver 4K, 1080p 60FPS images that can accept and process constant user input (button-mashing), Google will have to establish 7500 edge-nodes all over the world. And, it appears that to achieve the maximum quality of graphical display, multiple GPUs will be needed per one single player. The company's gaming data centers will, most likely, 'share' graphics cards simultaneously with multiple gamers, but even the best GPUs can only do so much at one time.That makes the hardware and node-management needed to make Stadia work an expensive proposition, which in turn could make Stadia an expensive service to utilize.To that end, there comes a point when gamers stop needing 'more' visual realism to enjoy a game to its fullest. Prepping for an 8K, 120 FPS future is arguably an expensive overkill. So if they're looking to cut costs, Google might opt for a cheaper alternative to AMD's superior GPUs.And of course there's the X-factor: Can Google get developers on board with yet another platform that facilitates even more competition? Bottom Line for AMD StockBuy AMD stock, or don't buy it. There's a bearish and bullish case to be made. Neither of those cases, however, are significantly altered by the advent of Stadia.And, even to the extent Stadia does gain traction when launched, a couple of pros point out the prospect should have already been built into the price of AMD stock. * 7 Beaten-Up Stocks to Buy as They Reverse Course "We don't know why AMD was up so much as most analysts knew of this win already," said Susquehanna analyst Chris Rolland, while RBC's Mitch Steves explained "We are surprised by the stock price move as we believed this was a well known win."As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post Google's Gaming Platform Is Not a Reason to Buy AMD Stock appeared first on InvestorPlace.
Israel is one of this year's more impressive ex-US developed markets. The MSCI Israel Capped Investable Market Index is up nearly 14 percent. While the performance of that Israel benchmark is impressive, ...
The Latest Buzz in Tech: Micron, Apple, and TencentTech stocks continue to surgeStock markets were choppy on March 20, after the Fed’s dovish comments worried investors about an economic slowdown. However, stocks surged yesterday due to low