Has NVIDIA's stock price reached its peak? Analysts downgraded its rating, but are bullish on AMD and Taiwan Semiconductor.
Ferragu is bullish on the stock performance of AMD and Taiwan Semiconductor, with target prices for the two stocks of $235 and NT$1200 respectively over the next 12 months.
AMD Might Not Beat Nvidia, but Here's Why It's Still a Long-Term Buy
Why This Fund Manager Trimmed His Nvidia Position - and Has a Warning About AI
By Philip van Doorn Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for 'AI adopters' to make the technology useful As Nvidia Corp. has maintained a streak of hitting
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Nvidia (NVDA.US) was downgraded due to valuation concerns, while Advanced Micro Devices (AMD.US) and Taiwan Semiconductor (TSM.US) are still favored.
Pierre Ferragu, an analyst at New Street Research, downgraded Nvidia's rating from Buy to Neutral.
The SOX index rose for the fifth consecutive day, with AMD and Global Foundries showing gains.
Closing price: 5656.31, up 4.59 (+0.08%) from the previous day. The Philadelphia Semiconductor Stock Index (SOX) has risen slightly for the fifth consecutive day. Among individual stocks, AMD, Global Foundries, Intel, Rambus, Kolb, On Semiconductor, Qualcomm and others have risen.
Tech Advances as Momentum Builds - Tech Roundup
Shares of technology companies rose as momentum in the sector continued to build. Advanced Micro Devices rose after analysts at brokerage Evercore ISI said the chip maker was set to gain from demand
Advanced Micro Devices Options Spot-On: On July 5th, 1.62 Million Contracts Were Traded, With 2.84 Million Open Interest
On July 5th ET, $Advanced Micro Devices(AMD.US)$ had active options trading, with a total trading volume of 1.62 million options for the day, of which put options accounted for 28.25% of the total tra
Advanced Micro Devices Shares Are Trading Higher Friday: What You Need To Know
Advanced Micro Devices, Inc. (NASDAQ:AMD) has seen notable activity this week, with shares trading higher on Friday afternoon following earlier jobs data.What's Going On: The week began with AMD and o
AMD Shares Are Trading Higher, Possibly Amid Strength in Tech Stocks Following US Jobs Data.
AMD Shares Are Trading Higher, Possibly Amid Strength in Tech Stocks Following US Jobs Data.
Intel And AMD Are Going For A Bigger Role In The AI Era, But At A Gradual Pace
Nvidia Corporation (NASDAQ:NVDA) undoubtedly had an early lead in the AI chip race, but its rivals are doing their best to challenge its dominance. After more than one failed attempt to discreetly ent
Several Semi Stocks Rise Decisively During End-of-week Rally
Express News | Advanced Micro Devices up 5.5%, Globalfoundries up 4.4%, Intel up 2.3%, Qualcomm up 1.3%
Advanced Micro Devices Up Nearly 6%, Best Performer in the S&P 500 So Far Today -- Data Talk
Advanced Micro Devices, Inc. (AMD) is currently at $173.50, up $9.60 or 5.86% --Would be highest close since April 3, 2024, when it closed at $180.77 --On pace for largest percent increase since Feb
Today's Analyst Rating | Microsoft Price Target Raised to $480 by Raymond James, Apple Price Target Raised to $260 by Melius Research
Jul 5, Wall Street analysts have updated their stock ratings today including $Microsoft(MSFT.US)$ and $Apple(AAPL.US)$.
Nvidia Stock Falls. How Samsung's Offering Optimism for the Chip Maker.
Samsung's profit rose nearly 16-fold, likely due to demand for memory chips to be integrated in AI processors of the type Nvidia makes.
Better Artificial Intelligence (AI) Stock: Intel Vs. AMD
28% Off All-Time Highs, Is AMD Stock a Buy?
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Reveal in two aspects why AMD is worth investors to buy.