In early trading on Wednesday, shares of Advanced Micro Devices topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.8%. Year to date, Advanced Micro Devices registers a 1.4% gain.
Wednesday marks the end of the first half of 2021, and investors are looking forward to what the rest of the year will bring. The Nasdaq Composite (NASDAQINDEX: ^IXIC) pulled back slightly from its record levels, falling about 0.1% as of 11:30 a.m. EDT today.
In today's video I look at recent news and valuation metrics for NVIDIA (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and Intel (NASDAQ: INTC). Below I share a few highlights from the video.
The PHLX Semiconductor Sector Index has generated solid gains so far this year, despite the chip shortage and the sell-off in tech stocks earlier in 2021. However, not all of the index's components have been on fire.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Semiconductor Bull 3X Shares
(Symbol: SOXL) where we have detected an approximate $95.2 million dollar outflow -- that's a 2.1% decrease week
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Gaming enthusiasts have been finding it difficult to get their hands on the latest graphics processing units (GPUs) from NVIDIA (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) thanks to huge demand from gamers, scalpers, and cryptocurrency miners. Furthermore, supply chai
The battle between Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC) has long preoccupied tech investors. After decades of lagging its larger rival, AMD has benefited from a significant technical lead and faster growth rates under the leadership of CEO Lisa Su.
Bitcoin recently suffered one of its biggest monthly drops on record in May. The price of the digital asset crashed all the way from a mid-April high over $64,000, to $30,000 by late May – dragging many cryptocurrencies and cryptocurrency stocks down with it. Th
Do You Have These Top Growth Stocks On Your Watchlist?Growth stocks may have taken a beating over the past quarter, but they appear to be bouncing back in the stock market right now. Trends that were in place are reversing, and cyclical themes are showing signs of retreat. As a r
In today's video, I look at how the stock prices of Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) can be affected by the current volatility in the cryptocurrency market. Below I share a few highlights of the video.
Global technology giant Intel (INTC) plans to restructure its Data Platform Group (DPG) into two new units — Network and Edge Group and Datacenter and AI. The company also plans to create two new business units that will focus on high-performance computing (HPC) and graphics, and software.
Intel offers semiconductor chips, microprocessors, and a broad portfolio of computing and communications devices. (See Intel stock charts on TipRanks)
Additionally, the company has announced organizational changes and said that technology veterans Greg Lavender and Nick McKeown will join its executive leadership team. Furthermore, current executives Raja Koduri and Sandra Rivera will be promoted to senior leadership positions.
Lavender, McKeown, Koduri, and Rivera will report directly to CEO Pat Gelsinger. Executive vice-president and general manager of the Data Platforms Group Navin Shenoy will help in the transition before leaving on July 6.
Atlantic Equities analyst Ianjit Bhatti recently downgraded his rating on the stock to Sell from Neutral and trimmed the price target from $63 to $45 (19.5% downside potential).
Bhatti said Intel’s revised IDM 2.0 manufacturing strategy may be the best long-term strategy, but it will have a negative impact on the company’s profitability until at least 2025.
Overall, the stock has a Hold rating based on 11 Buys, 11 Holds, and 7 Sells. The average Intel analyst price target of $64.80 implies 15.98% upside potential from current levels. The company’s shares have gained 12.5% year-to-date.
The first half of the year hasn't been great for the likes of Cirrus Logic (NASDAQ: CRUS) and Advanced Micro Devices (NASDAQ: AMD). Share prices of both companies have headed south so far in 2021.
The big shareholder groups in Advanced Micro Devices, Inc. (NASDAQ:AMD) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly ow
In afternoon trading on Monday, Technology & Communications stocks are the worst performing sector, higher by 1.1%. Within that group, Xilinx, Inc. (Symbol: XLNX) and Advanced Micro Devices Inc (Symbol: AMD) are two of the day's laggards, showing a loss of 3.2% and 2.4%, r
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Advanced Micro Devices Inc (Symbol: AMD), where a total of 294,800 contracts have traded so far, representing approximately 29.5 million underlying shares. That amounts
In today's video, I look at fundamentals, valuation metrics, and recent news for Advanced Micro Devices (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA). Both companies have seen a surge in stock prices in the past few days due to recent partnerships or price target upgrades. Below I shar
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