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AMD Stock Falls Over 3% In Thursday Pre-Market: What's Going On?
Thursday, March 27, 2025 - 7:37am | 607The stock of Advanced Micro Devices, Inc. (NASDAQ:AMD) declined 3.48% in the pre-market trading session on Thursday. after being downgraded by Jefferies. What Happened: Jefferies has lowered its price target for AMD from $135 to $120, indicating a slight 8.9% rise from Wednesday’s closing...
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Nancy Pelosi's Stock Picks Broadcom And Nvidia Among Key AI Stocks Poised For Chip Boom, Says Analyst
Tuesday, November 12, 2024 - 7:49am | 475Analyst Blayne Curtis highlighted that Nvidia (NASDAQ:NVDA), Marvell (NASDAQ:MRVL), and Broadcom (NASDAQ:AVGO) are strategically positioned to capitalize on the AI chip market surge. Curtis has assigned Buy ratings to each of these companies. Jensen Huang-led Nvidia is experiencing extraordinary...
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To Buy Or Sell AMD Following Downgrade? It Depends On Your Approach
Thursday, March 31, 2022 - 4:53pm | 432Advanced Micro Devices Inc (NASDAQ: AMD) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report." What Happened: Barclays analyst Blayne Curtis downgraded AMD from an Overweight rating to an Equal-Weight rating and lowered the price...
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Wall Street Divided On Buying The Micron Dip
Wednesday, December 19, 2018 - 11:28am | 764Micron Technology, Inc. (NASDAQ: MU) stock dropped 2.7 percent Wednesday after the company reported fiscal first-quarter revenue of $7.91 billion, short of consensus Wall Street expectations of $8.02 billion. Micron said back in September President Trump’s ongoing trade war with China would...
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Analysts Forecast What's Next For Lumentum After The Oclaro Acquisition
Tuesday, December 11, 2018 - 1:02pm | 367Lumentum Holdings Inc (NASDAQ: LITE) confirmed Monday that its acquisition of Oclaro is complete. What Happened Lumentum's finalized acquisition of Oclaro creates a new entity with greater scale in telecom and datacom markets, Barclays' Blayne Curtis said in a research report. The...
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The Chips Are Down: Weak Forecasts Hurt Semiconductor Stocks
Friday, November 16, 2018 - 1:50pm | 949The bull market run that began in 2009 is mostly powered by tech stocks. Semiconductor stocks, which have nearly 14-percent weighting in the tech sector, have also had a fairly good run. October Mayhem The iShares PHLX Semiconductor ETF (NASDAQ: SOXX), an ETF tracking the investment results...
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What To Do With Nvidia's Stock After 20% Fall?
Friday, November 16, 2018 - 1:24pm | 900Chipmaker Nvidia Corporation (NASDAQ: NVDA) reported Thursday its third-quarter results in which revenue fell short of expectations and management's guidance for the fourth quarter also missed. Here is a summary of how some of the Street's top analysts reacted to the print and the stock...
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Barclays Downgrades Intel, Says Chipmaker Faces 'Costly Battle' With AMD For Market Share
Monday, October 1, 2018 - 9:30am | 586The rivalry between Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ: AMD) is intensifying, with bigger rival Intel likely to cede share to smaller competitor AMD, according to Barclays. The Analyst Analyst Blayne Curtis downgraded Intel from Neutral to...
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What Wall Street Thinks Of Nvidia's Q2 Earnings
Saturday, August 18, 2018 - 9:29am | 803NVIDIA Corporation (NASDAQ: NVDA) stock fell 5 percent Friday after the company missed market expectations with its third-quarter guidance. Several Wall Street analysts weighed in on Nvidia stock following the earnings report. Here’s a rundown of what they had to say. Cryptocurrency Noise...
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'It's Hard For The Stock To Work,' Barclays Says Of Intel In Downgrade
Monday, August 6, 2018 - 12:35pm | 398The Intel Corporation (NASDAQ: INTC) story has shifted from expectations for PC and server growth to beat low expectations to the company's "slippage" in the competitive landscape, according to Barclays. The Analyst Barclays' Blayne Curtis downgraded Intel from...
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Barclays: The Market Believes AMD Is Gaining On Intel
Monday, August 6, 2018 - 9:59am | 368Barclays raised its price target on Advanced Micro Devices, Inc. (NASDAQ: AMD) Monday while simultaneously downgrading competitor ;Intel Corp. (NASDAQ: INTC) from Overweight to Equal Weight. The Analyst Analyst Blayne Curtis maintained an Underweight rating on AMD and lifted the price target...
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Barclays Upgrades Nvidia, Says AI Opportunity Is Too Big To Ignore
Thursday, May 3, 2018 - 10:43am | 337NVIDIA Corporation (NASDAQ: NVDA) has its toes in a number of high-growth markets at the moment, but one Wall Street analyst says its leading position in artificial intelligence technology is what makes the stock a buy. The Analyst Barclays analyst Blayne Curtis upgraded Nvidia from Equal Weight...
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Barclays Turns Bullish On Qorvo, Projects Larger Apple Relationship
Tuesday, May 1, 2018 - 3:17pm | 407Qorvo Inc (NASDAQ: QRVO) is likely to gain some bulk acoustic wave share at Apple Inc. (NASDAQ: AAPL), with more likely in 2019, Barclays said in an upgrade note. BAWs are filters used to solve interference and co-existence challenges that are used in smartphones, base stations,...
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Barclays: Marvell's Cavium Purchase Is The Right Deal At The Right Time
Tuesday, November 21, 2017 - 6:06pm | 322Marvell Technology Group Ltd. (NASDAQ: MRVL) announced a $6 billion acquisition of chip maker Cavium Inc (NASDAQ: CAVM) Monday. Both stocks moved sharply higher. The Analyst Barclays' Blayne Curtis upgraded Marvell from Equal-weight to Overweight and increased the price target for the...
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Cypress Semiconductor: A Nice Run, But It's All Out Of Catalysts Now
Tuesday, October 31, 2017 - 11:35am | 470Barclays said in a Tuesday note Cypress Semiconductor Corporation (NASDAQ: CY) shares have had a nice run, but most catalysts have already played out. The firm downgraded Cypress Semiconductor's rating from Overweight to Equal Weight and lowered its price target from $18 to $17. At the time of...