-
6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Wednesday, March 29, 2023 - 11:49am | 759Shares of Micron Technology Inc (NASDAQ: MU) rose in premarket trading on Wednesday, even though the company reported disappointing earnings for the fiscal second quarter. Morgan Stanley On Micron Technology Analyst Joseph Moore maintained an Underweight rating and price target of $46. “The...
-
Nvidia Stock To Run Up? Cramer Says GTC May Finally Move The Needle
Tuesday, March 21, 2023 - 8:18am | 481Nvidia Corp. (NASDAQ: NVDA) is scheduled to hold its 2023 GPU Technology Conference, or GTC, between March 20 and 23, with CEO Jensen Huang delivering the keynote address at 11 a.m. EDT on Tuesday. What Is GTC All About: Nvidia promotes GTC with the tagline “The Conference for the era of AI...
-
Nvidia A 'Hard To Ignore' Stock As 'Arms Race' For AI Heats Up, Analyst Says
Friday, March 17, 2023 - 9:02am | 452Nvidia Corp.’s (NASDAQ: NVDA) recent stock gains are premised on the graphics chip maker’s AI opportunity, which has prompted Morgan Stanley to turn bullish on the stock. The Analyst: Joseph Moore upgraded Nvidia shares from Equal-Weight to Overweight and upped the price target from $...
-
Why Nvidia Stock Is Poised To Outperform Broader Market On Friday
Friday, March 17, 2023 - 7:11am | 212Shares of graphics chipmaker Nvidia Corp. (NASDAQ: NVDA) were higher in premarket trading on Friday, signaling that the stock could extend its gains for the fifth straight session. What Happened: Morgan Stanley analyst Joseph Moore upgraded Nvidia from Equal-Weight to Overweight and upped the...
-
Will Nvidia's Rally Continue After 'Solid' Q4 Print? 6 Analysts Take A Closer Look
Thursday, February 23, 2023 - 12:18pm | 599Shares of Nvidia Corporation (NASDAQ: NVDA) jumped in Thursday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst John Vinh reaffirmed an Outperform rating and price target of $280. Rosenblatt analyst Hans Mosesmann maintained a Buy rating and...
-
Why This Intel Analyst Is No Longer Bearish: 'Paying A Dividend ... Is Counterproductive'
Thursday, February 23, 2023 - 11:37am | 273Shares of Intel Corporation (NASDAQ: INTC) recovered lightly on Thursday morning, putting a temporary pause to its losing streak. Although investors have punished the stock for dividend cuts, it was the right thing to do, according to Morgan Stanley. The Intel Analyst: Joseph Moore upgraded ...
-
6 Advanced Micro Devices Analysts On Q4 Results: 'Relief To Investors'
Wednesday, February 1, 2023 - 11:27am | 682Shares of Advanced Micro Devices, Inc (NASDAQ: AMD) gained after the company released its fourth-quarter results and several analysts raised their price targets for the stock. Credit Suisse on Advanced Micro Devices Analyst Chris Caso reiterated an Outperform rating, while raising the price target...
-
'Solid, Decent' Results For NXP Semiconductors: 4 Analysts Provide Takeaways On Q4
Tuesday, January 31, 2023 - 11:40am | 430Shares of NXP Semiconductors NV (NASDAQ: NXPI) rose in Monday’s extended trading after the company released its fourth-quarter results broadly in line with expectations. Here are four analyst takes on the Dutch semiconductor designer and manufacturer. Bernstein Analyst Stacy Rasgon maintained...
-
'The Hard Reset': 3 Qualcomm Analysts Slash Price Targets After Guidance Miss
Thursday, November 3, 2022 - 12:28pm | 408Qualcomm, Inc. (NASDAQ: QCOM) reported a revenue beat for its fiscal fourth quarter, but announced earnings in-line with expectations and guidance that missed Street expectations. Morgan Stanley On Qualcomm Analyst Joseph Moore maintained an Overweight rating on Qualcomm while reducing the...
-
7 Intel Analysts Focus On Q3 Earnings, Cost-Cutting Plan
Friday, October 28, 2022 - 10:50am | 813Intel Corporation (NASDAQ: INTC) reported Thursday its third-quarter results, with revenue of $15.3 billion, down 20% year-over-year. The semiconductor major had earnings of 59 cents in the quarter, significantly ahead of Street expectations. Rosenblatt Securities On Intel Analyst Hans...
-
Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment
Friday, September 30, 2022 - 2:09pm | 595Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate. Here are the key takeaways, according...
-
Nvidia's Unanswered Questions: 7 Analysts Break Down Tech Firm's Q2 Miss
Thursday, August 25, 2022 - 11:46am | 647Nvidia Corporation (NASDAQ: NVDA) reported second-quarter revenues of $6.7 billion, short of the consensus estimate of $8.1 billion, and net income of $656 million, significantly the Street market expectations of $1.25 per share. BMO Capital Markets Analyst Ambrish Srivastava reiterated an...
-
2 Applied Materials Analysts See 'No Big Surprises' And Strong Demand, But Are There Clouds On The Horizon?
Friday, August 19, 2022 - 3:08pm | 293Applied Materials, Inc. (NASDAQ: AMAT) reported adjusted earnings of $1.94 a share on sales of $6.52 billion for the second quarter, surpassing Street expectations of $1.78 a share in earnings on sales of $6.27 billion. The company also raised its guidance for fiscal 2023. Morgan Stanley On Applied...
-
AMD, Nvidia Bulls See Opportunity In The Chip Space After Morgan Stanley Goes Overweight: 'The Valuation Is Really Compelling'
Wednesday, June 22, 2022 - 2:47pm | 539Advanced Micro Devices Inc (NASDAQ: AMD) was featured as the call of the day Wednesday on CNBC's "Fast Money Halftime Report." What Happened: Morgan Stanley analyst Joseph Moore reinstated AMD with an Overweight rating and announced a $103 price target....
-
9 Semiconductor Themes For 2022: Automotive Chip Shortage, Strong Cloud Demand, AI/ML Powering Metaverse And More
Friday, December 17, 2021 - 2:40pm | 1209Recent supply chain conditions set up the semiconductor sector for substantial revenue in 2022 with much of the growth coming from substantial restocking by customers, according to an analyst at Morgan Stanley. Here are the dominant themes for the sector in 2022, according to ...