|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||191.03 - 195.66|
|52 Week Range||124.46 - 222.00|
|Beta (3Y Monthly)||2.47|
|PE Ratio (TTM)||43.99|
|Earnings Date||Nov 14, 2019|
|Forward Dividend & Yield||0.64 (0.34%)|
|1y Target Est||193.70|
(TXN) (ticker: TXN) gave a forecast that was much worse than expected in its Tuesday earnings report, with a new revenue estimate range that fell as much as a half-billion dollars lower than Wall Street’s consensus revenue estimate. The Philadelphia Semiconductor Index is up nearly 40% this year, continuing a roller-coaster ride as the semiconductor downturn has persisted. Shares of Texas Instruments tumbled 9% in premarket trading Wednesday, and other semi stocks fell as well, as Texas Instruments executives blamed broad-based weakness among its customers, plus ongoing trade issues.
The recent run-up in semiconductor stocks may be finally ending, as Texas Instruments does not call a bottom to the downturn.
Donald Trump's economic adviser Larry Kudlow said, "If the talks go well on phase one, there is a chance we can get those December tariffs off."
The GPU giant has steadily grown its addressable market, in part by creating end-to-end solutions that pair its chips with complementary software.
Check out these augmented reality stocks to buy as the space heats up! AR is making waves because of its massive potential in virtually all industries.
Bank of America analysts led by Vivek Arya maintained a Buy rating and $250 price target. The speech promoted Nvidia’s EGX Edge Supercomputing Platform, which unites the company’s CUDA-X software libraries, GPU servers and Mellanox SmartNICs.
As most companies in this space have seen no negative earnings estimate revisions, semiconductor ETFs might continue to see smooth trading in the weeks ahead.
In a joint initiative, Ericsson (ERIC) and NVIDIA aim to enable communication service providers build high-performing and completely virtualized 5G radio access networks.
At one of the world's showpiece tech conferences in China, jibes at the United States for its 'bully behaviour' lent a Cold War tone to proceedings as trade tension once again reared its ugly head in an event that drew a dearth of top U.S. executives. The state-run World Internet Conference, one of the country's most prominent tech events, took place this year against a backdrop of rising Sino-U.S. frictions and has been especially overshadowed by Washington's moves against Chinese tech companies. The United States earlier this month placed several Chinese AI companies on a supplier blacklist and trade talks between both countries show little sign of any quick resolution.
Mobile World Congress —NVIDIA and Ericsson today announced they are collaborating on technologies that can allow telco operators to build high-performing, efficient and completely virtualized 5G radio access networks (RAN). The collaboration, announced by NVIDIA founder and CEO Jensen Huang at a keynote ahead of the start of MWC Los Angeles, brings together Ericsson’s expertise in RAN technology with NVIDIA’s leadership in GPU-powered accelerated computing platforms, as well as AI and supercomputing.
Mobile World Congress—NVIDIA with Microsoft Corp. today announced a technology collaboration focused on intelligent edge computing, designed to help industries better manage and gain insights from the growing flood of data created by retail stores, warehouses, manufacturing facilities, connected buildings, urban infrastructure and other environments. The NVIDIA Metropolis video analytics application framework, which runs on EGX, has been optimized to work with Microsoft’s Azure IoT Edge, Azure Machine Learning solutions and a new form factor of the Azure Data Box Edge appliance powered by NVIDIA T4 GPUs.
Mobile World Congress -- NVIDIA today announced the NVIDIA EGX Edge Supercomputing Platform – a high-performance, cloud-native platform that lets organizations harness rapidly streaming data from factory floors, manufacturing inspection lines and city streets to securely deliver next-generation AI, IoT and 5G-based services at scale, with low latency. Early adopters of the platform – which combines NVIDIA CUDA-X™ software with NVIDIA-certified GPU servers and devices – include Walmart, BMW, Procter & Gamble, Samsung Electronics and NTT East, as well as the cities of San Francisco and Las Vegas.
Mobile World Congress — NVIDIA and Red Hat, the world’s leading provider of open source solutions, today announced they are expanding their alliance to deliver high-performance, software-defined 5G wireless infrastructure, running on Red Hat OpenShift, to the telecom industry. The collaboration, unveiled by NVIDIA founder and CEO Jensen Huang during his keynote at MWC Los Angeles, can help telcos transition to 5G networks capable of running a range of software-defined edge workloads. Work will initially focus on 5G radio access networks (RAN), aimed at making AI-enabled applications more accessible at the telco edge.
Advanced Micro Devices has done an admirable job of building a competitive chip lineup with a smaller amount of investment spending, according to Morgan Stanley.
As usual, last week's headlines were filled with anything but positive news. Trade war scares, partisan politics and out-of-context economic figures hid an incredible story. In this episode of Matt McCall's "Moneyline" podcast, he discusses what was at the heart of this silver lining: semiconductor stocks.Based off the PHLX SOX Semiconductor Sector Index, as tracked by the iShares PSLX Semiconductor ETF (NASDAQ:SOXX), semiconductor stocks hit all-time highs last week, powered by a breakout in some big names. But almost no financial media outlets covered this success. Why? McCall uses this to illustrate the dangers in turning to the likes of CNBC and Fox Business for investment advice. Instead, just read the headlines for entertainment.So what had semiconductor stocks soaring? Nvidia (NASDAQ:NVDA) led the way, reaching an 11-month high last week. Nvidia stock has several catalysts. The 5G rollout, data centers, high-tech gaming and self-driving cars all will use Nvidia chips. Additionally, with rumors of a U.S.-China trade war resolution on the way, any sign of peace could boost NVDA and its peers.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut NVDA didn't lead the breakout alone. Texas Instruments (NASDAQ:TXN), Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and ASML Holding (NASDAQ:ASML) also contributed to last week's record. As 5G keeps growing, make sure to keep your eyes peeled on semiconductor stocks. McCall's PodcastUnfortunately for investors, McCall argues that the financial press also obscured the truth behind September's retail sales numbers. Instead of focusing on the positives, many reported that September's sales were down 0.3% from August. But, year-over-year, September's numbers were up 4.1%. * 10 Stocks to Sell Before December's Meltdown True, auto sales and receipts at service stations both fell. But McCall points out that the service station figure most likely reflects cheaper gasoline. Plus, the core retail sales figure doesn't count those categories due to their historical volatility. On the brighter side, clothing and furniture sales were both up, as were sales from restaurants and bars. To McCall, one thing is very clear: The U.S. consumer is still very healthy.So instead of listening to the naysayers, do your own research. That's why McCall prefers to do his own boots-on-the-ground exploring. Through this practice, he's found several stocks to buy. One name is a growing star in the retail space -- and another sign the consumer is still happy and healthy.Tune into "Moneyline" for more information on Canadian-based Aritzia (OTCMKTS:ATZAF) and more insight on last week's gloomy headlines.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell Before December's Meltdown * 7 Software Stocks to Buy for Growth * 3 Large-Cap Stocks to Buy After Earnings The post Semiconductor Stocks Are Breaking Out appeared first on InvestorPlace.
Varma, Finland’s largest investor, bought the tech stocks in the third quarter, a move that has paid off so far in October. It also purchased Twitter stock, which has slumped.
Advanced Micro Devices (NASDAQ:AMD) continues to earn business as it becomes an increasingly competitive threat to its rivals. However, over the last year, traders appear to have priced in the company's increasing prominence. Consequently, AMD stock has formed a price ceiling that continues to hold.Source: Grzegorz Czapski / Shutterstock.com However, in recent weeks, the stock has fallen to the lower end of its range. Given this decline, investors may benefit from a possible trade, or with a little patience, open a long-term position. AMD Stock Falls as Company Wins New BusinessAMD scored another coup as Microsoft (NASDAQ:MSFT) agreed to use AMD's Ryzen 5 and Ryzen 7 chips in the Surface Laptop 3. This represents another victory over Intel (NASDAQ:INTC), the long-time rival that dominated AMD during the PC era.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Reasons to Buy Canopy Growth Stock These victories have also gained the attention of analysts. Sony (NYSE:SNE) will also use AMD chips in its soon-to-be-released PlayStation 5. This just attracted the attention of Citic Securities. It initiated coverage on AMD stock, giving it a "buy" recommendation and setting the one-year price target at $35 per share.Such wins bolster what our own Dana Blankenhorn refers to as the "legend" of Dr. Lisa Su. Still, despite this success, AMD stock continues its pattern of range-bound trading. After again approaching a mid-$30s per share high in July, it has seen a slow drop since that time. Investors should also note that Citic's $35 per share price target comes close to that ceiling.The good news here is that chartists may have a buy point. Although I do not share the negative sentiment of my colleague Josh Enomoto, I think he states correctly that the honeymoon for AMD stock has ended. Consequently, it has fallen below the 50-day moving average.However, the 200-day moving average has held for years. This average now stands at $27.45 per share, only about $1 per share below the current price of Advanced Micro Devices stock. Expect the Price Ceiling to HoldThis has begun to make AMD stock at least a trade. However, that does not mean that the mid-$30s per share price ceiling will break the next time it moves higher.Given the trajectory of the company, the ceiling cannot hold forever. The forward price-to-earnings (PE) ratio now stands at 28. That comes in slightly higher than the S&P 500 average of around 21.8.At current levels, I think the ceiling can hold. For one, companies like Intel and Nvidia (NASDAQ:NVDA) have begun to take AMD's competitive threats seriously. For this reason, the company must keep innovating, though AMD shows no signs of slowing down.Moreover, I think doubts about the performance of AMD's 7nm chips continue to linger. First came the charges that it could not consistently meet performance benchmarks. Now, production limits with its manufacturer, Taiwan Semiconductor (NYSE:TSM), have led to supply constraints.AMD remains ahead of Intel even with its issues. Also, I do not see any long-term damage to Advanced Micro Devices stock. However, it gives traders yet another reason to question the valuation of AMD stock if it again approaches the mid-$30s per share level. The Bottom Line on Advanced Micro Devices StockGiven the decline, AMD stock has become at least a trade. Thanks to a move back toward the lower end of its range, traders might find opportunity here. As mentioned before, the current AMD stock price stands at about $1 per share above the 200-day moving average. AMD has not fallen significantly below that level in 2019. If it fell to the 200-day moving average, traders have room for about 25% upside even if it again fails to breach the mid-$30s per share level.Current metrics and conditions indicate that it may not break through that upper limit for the foreseeable future. However, Wall Street estimates average growth of 35.81% per annum over the next five years. Hence, from a valuation and growth standpoint, AMD stock is a buy.If AMD does not move significantly higher soon, the falling PE will make that ceiling untenable. At that point, Advanced Micro Devices should shoot much higher.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons to Buy Canopy Growth Stock * 7 Restaurant Stocks to Leave on Your Plate * 4 Turnaround Plays to Buy Now The post AMD Stock: Long-Term Investment, Short-Term Trade appeared first on InvestorPlace.