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Nvidia Analyst Sees 42% Upside To Stock With 2nd Price Target Boost This Week After Stellar Q2
Thursday, August 24, 2023 - 5:03am | 494Nvidia Corp.'s (NASDAQ:NVDA) stock received a price target boost, potentially the first of many to follow, after the company exceeded the most optimistic of Wall Street forecasts for the second quarter. The Nvidia Analyst: KeyBanc Capital Markets analyst John Vinh maintained an Overweight rating on...
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Why Nvidia Stock Is Jumping Nearly 2% Premarket Today
Monday, August 21, 2023 - 7:27am | 286Shares of Nvidia Corp. (NASDAQ:NVDA) rose in premarket trading on Monday, inspired by positive commentaries regarding its second-quarter earnings from some analysts. Nvidia is scheduled to release its quarterly results Wednesday after the market close, with analysts, on average, estimating earnings...
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'Unmatched' Nvidia To Blow Past Q2 Estimates On AI Boost, Suggests Analyst: 'We See Limited Competitive Risks'
Monday, August 21, 2023 - 3:36am | 564Chipmaker Nvidia Corp. (NASDAQ:NVDA) is among three chipmakers that are set to release their quarterly results this week, and an analyst at KeyBanc Capital Markets is upbeat about the company's performance. Nvidia's fiscal year 2024 second-quarter report will drop in on Wednesday after the market...
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Can Qualcomm Overcome The Challenge Of Elevated Inventory? 5 Analysts Deep Dive Into FQ3 Print, Outlook
Thursday, August 3, 2023 - 11:52am | 607Shares of Qualcomm Inc (NASDAQ: QCOM) plunged in early trading on Thursday, after the company announced weak guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Susquehanna On Qualcomm Analyst Christopher Rolland...
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AMD's AI Bet A 2024 Opportunity, But Near-Term Outlook Leaves Analysts Wary After Q2 Print
Wednesday, August 2, 2023 - 12:37pm | 927Advanced Micro Devices, Inc. (NASDAQ:AMD) reported Tuesday after the close better-than-expected second-quarter results, but the guidance came in light. The AMD Analysts: Bernstein analyst Stacy Rasgon maintained a Market Perform rating and $95 price target for AMD shares. Susquehanna Financial...
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Intel's Q2 Results Get Mixed Reactions From 4 Analysts: 'AI Contribution Remains Modest'
Friday, July 28, 2023 - 11:02am | 685Analysts are diving into the second quarter financial results reported by Intel Corporation (NASDAQ: INTC) Thursday after market close. Here are the key takeaways from the second quarter and the future of Intel. The Intel Analysts: Bernstein analyst Stacy Rasgon had a Market Perform rating and...
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4 Analysts On Texas Instruments' Q2 Print: 'Nearer Term, Results Were Better,' Q3 'Expected To Be Flat'
Wednesday, July 26, 2023 - 12:40pm | 545Shares of Texas Instruments Inc (NASDAQ: TXN) tanked in early trading on Wednesday, after a steep decline in the previous session. The company reported upbeat second-quarter results on auto chip sales, amid an exciting earnings season. Here are some key analyst takeaways from the earnings release....
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Ahead Of Semiconductor Earnings, Analysts Expect AI To Serve As 'Shining Pillar' To Guide Through Muted Chip Demand
Monday, July 24, 2023 - 12:25pm | 1267The tech earnings season gets started in earnest this week and besides AI-levered bellwether stocks such as Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Microsoft Corp (NASDAQ:MSFT), the Street's focus will also rest on a few large and mid-cap semiconductor and semi-equipment earnings on tap....
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Semiconductor Q2 Earnings Preview: Analyst Calls AI 'Shining Pillar Of Strength,' Flags 3 Companies For Favorable Risk-Reward
Monday, July 17, 2023 - 4:52am | 776Semiconductor earnings will begin to roll out in the week of July 24, and an analyst is upbeat despite the chip demand continuing to remain soft. End Market Analysis: Artificial Intelligence will likely be a "shining pillar of strength" amid a muted semiconductor demand backdrop, said KeyBanc...
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Chip-Chip, Hooray: Nvidia, AMD Lead Semiconductor Rally Premarket
Tuesday, July 11, 2023 - 7:56am | 362Shares of chipmakers are heading northwards in premarket trading on Tuesday, led by Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD). KeyBanc Capital Markets analyst John Vinh raised the price targets for several companies in the space, citing strong AI data center...
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5 Advanced Micro Devices Analyst Takeaways On AI Event: Is Chipmaker 'Somewhat Late' Vs. Rival Nvidia?
Wednesday, June 14, 2023 - 12:05pm | 657Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) rose in early trading on Wednesday after the company held on Tuesday its key Data Center and AI Technologies event. Mizuho Securities On Advanced Micro Devices Analyst Vijay Rakesh reaffirmed a Buy rating while raising the price target from...
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Broadcom Earnings Beat: Unanimous Price Target Hike By 4 Analysts
Friday, June 2, 2023 - 1:01pm | 471Broadcom Inc (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, issued second-quarter earnings which beat Street expectations. Here's what investors need to know about the earnings, and what analysts think about the stock. By The Numbers: Broadcom issued earnings...
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Marvell Technology AI Sales To Double: 5 Analysts Take A Look At Q1 Print
Friday, May 26, 2023 - 12:22pm | 676Shares of Marvell Technology Inc (NASDAQ: MRVL) climbed in early trading on Friday, after the company reported upbeat quarterly results. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On Marvell Technology Analyst...
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Nvidia Gets A New Street-High Price Target After Blowout Quarter
Thursday, May 25, 2023 - 7:21am | 391Nvidia Corp. (NASDAQ:NVDA) received a Street-high price target close on the heels of its first-quarter earnings, although the number could be bested as more sell-side analysts weigh in on the company's speculator results. The Nvidia Analyst: KeyBanc Capital Markets analyst John Vinh reiterated an...
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Nvidia Nears $1 Trillion Market Cap: How Much It Needs To Gain Thursday To Hit Milestone
Thursday, May 25, 2023 - 4:23am | 629Nvidia Corp. (NASDAQ:NVDA) stock skyrocketed immediately after the company reported a first-quarter beat and forecast strong revenue growth for the second quarter. Nvidia Price Action: The stock, which ended Wednesday's regular session down 0.49% at $305.38, took off vertically in the after-hours...