|Bid||248.91 x 900|
|Ask||249.40 x 1400|
|Day's Range||247.62 - 251.95|
|52 Week Range||152.91 - 269.20|
|PE Ratio (TTM)||41.44|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||0.60 (0.24%)|
|1y Target Est||280.66|
Here are some things going on today in the world of tech: Two more analysts have downgraded Broadcom (AVGO) on its proposed acquisition of CA (CA), sending the stock down $2.18, or 1%, to $207.80. One persistent worry for GPUs has been the ebbs and flows of the cryptocurrency market, but "gamer demand also appears relatively muted,” writes Peterson.
According to a new study from BCG, tech and media companies have provided the top returns for investors over the past five years. Nvidia and Netflix produced the highest returns. Chipmaker Nvidia NVDA was first, followed by Netflix NFLX , Broadcom AVGO , China's Tencent and Facebook.
Of the 29 analysts monitoring AMD, 11 and 13 have “buy” and “hold” recommendations on the stock, respectively, while five, including Morgan Stanley and Bernstein, have “sell” recommendations. According to a MarketWatch article, Morgan Stanley analyst Joseph Moore retained an “underperform” rating on AMD but raised the stock’s price target from $8 to $11, representing a downside of 29% from its current trading price. Moore acknowledged AMD’s opportunity in the server CPU space but stated that revenue gains in this market would not be able to offset cryptocurrency losses in the intermediate term.
The Zacks Analyst Blog Highlights: Apple, NVIDIA, Lockheed Martin, Intercontinental Exchange and Johnson Controls
Advanced Micro Devices (AMD) stock rallied significantly in June, reaching its 12-year high of $17.3. The stock’s rally comes as investors become increasingly confident in the company’s earnings potential. The stock is currently trading above $15, which is higher than its median price target of $13.5. This has raised the question of whether the stock’s recent rally has changed its fundamental valuation.
June was a strong month for Advanced Micro Devices (AMD), Intel (INTC), and Nvidia (NVDA), with the three stocks reaching their peaks and then seeing corrections. To understand the trend of such price movements, let’s look at moving averages, which take the average of a stock’s prices over a certain period to understand in which direction its movement is skewed. A stock’s 200-day moving average shows its resistance when its price is below this average and its support when its price is above this average.
What Should Investors Expect from AMD’s Q2 2018 Earnings? This growth momentum and the increasing adoption of AMD’s products in the server and PC markets have restored investors’ confidence in the stock. On the other hand, Nvidia (NVDA) stock rose 2.3%, whereas Intel (INTC) stock fell 4.5% during the quarter as the abrupt resignation of its CEO on June 21 sent it spiraling down.
With sustained focus on developing new and more advanced AI technologies for self-driving cars, NVIDIA (NVDA) seems well poised to grow in the driverless vehicle technology space.
Among the companies with shares expected to trade actively in Wednesday's session are Boeing, Ford, American Airlines, Pfizer and Comcast.
Semiconductors headed lower Wednesday after the White House released a new list of tariffs on $200 billion of Chinese goods on Tuesday evening.
Nvidia, Advanced Micro Devices and Broadcom were among those falling more than 1 percent in premarket trading. Semiconductors may be the sector most affected by rising trade tensions. Chipmakers dominate a Goldman Sachs list of companies with the highest revenue exposure to China.
Infosys (INFY) fiscal first-quarter 2019 results are likely to benefit from growth in digital services and significant client wins.
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / U.S. markets closed higher Tuesday as the kickoff of the latest corporate earnings season outweighed ongoing trade war concerns. The Dow Jones Industrial Average ...
German automaker Daimler AG and auto supplier Bosch Corp [ROBSCJ.UL] will deploy self-driving taxis in California's Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two companies said on Tuesday. Negotiations with the municipality within the sprawling technology hub of Silicon Valley were still underway, they said on a conference call with journalists. Global automakers, suppliers and tech companies like Alphabet's Waymo and Uber [UBER.UL] are pouring resources into the development of autonomous driving systems and launching networks of test fleets around the globe aimed at pushing the technology forward.
Advanced Micro Devices (AMD) has been reporting losses for the past five years, but it managed to pull out of the slump and report a profit in 2017. In 2018, AMD’s management is focused on generating higher earnings from its investments by focusing on high-end products that generate higher margins. This move from losses to profits has improved AMD’s returns. Investors look at a company’s efficiency ratios to understand its management’s efficiency in delivering higher returns from lower investments.
Advanced Micro Devices (AMD) has so far been operating in the low- and mid-range PC and server processor markets, and because of this, it has lower margins than its rivals Intel (INTC) and Nvidia (NVDA). Now, AMD is heading for the high-end markets and moving toward smaller manufacturing nodes.
Although Intel (INTC) is still a leader in traditional computing, it’s struggling to compete in the emerging markets of AI, automotive, and 5G. In order to accelerate its progress in these areas, the company made two major acquisitions—Altera and Mobileye—over the past few years.
Intel (INTC) is the largest R&D (research and development) spender in the semiconductor industry. The company has a higher operating expense ratio of 32.4% compared to Advanced Micro Devices’ (AMD) 27.0% and NVIDIA’s (NVDA) 20.2%. Intel’s EPS growth is slower than its rivals. Intel’s EPS rose 28.0% YoY (year-over-year) to $3.46 in fiscal 2017 and is expected to grow 15.6% YoY to $4.00 in fiscal 2018.