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Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'
Friday, May 15, 2020 - 1:11pm | 1042NVIDIA Corporation (NASDAQ: NVDA) shares, which have been bouncing along nicely for much of this week amid positive sell-side expectations for the chipmaker's earnings report next week, rose over 3% Thursday. CEO Jensen Huang hosted the annual GTC keynote address virtually, revealing...
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Apple Shows Signs Of Recovery From Coronavirus, Doesn't Shake Bulls With Lack Of Guidance
Friday, May 1, 2020 - 11:21am | 1277Apple Inc.'s (NASDAQ: AAPL) fiscal second-quarter results bolstered hopes for a coronavirus recovery. Despite supply chain disruption, store shutdowns and declines in demand, the company’s $58.3 billion revenue and $2.55 bottom line beat first-quarter forecasts of $54.8 billion and $2.24...
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Nvidia Impresses Analysts With Datacenter Resurgence, Expanding Margins
Friday, November 15, 2019 - 2:11pm | 1039NVIDIA Corporation (NASDAQ: NVDA) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia and raised the price target from $250 to...
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Analyst Warns Of Timing Issue With Nvidia's Datacenter Launch, But Remains Bullish
Thursday, November 7, 2019 - 1:04pm | 301NVIDIA Corporation (NASDAQ: NVDA) has had a tumultuous year, but one analyst team sees reason for optimism. The Rating Raymond James analysts Chris Caso maintained a Market Outperform rating with a $180 price target. The Thesis The analysts’ channel checks, including for the GeForce gaming...
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Here Comes 5G Benefit: Sell-Side Likes Qualcomm's Coming Year
Thursday, November 7, 2019 - 11:39am | 554Qualcomm Inc's. (NASDAQ: QCOM) strong fourth-quarter results pleased sell-side analysts, but the driving factor in much of the bullishness is the ramp up of 5G, expected to bolster the company's bottom line starting next year. Investors were also bullish on the chip maker, buying its stock...
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 11:18am | 856Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...
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Micron Analyst Says Lower DRAM Prices Over First Half Of 2020 Will Delay Margin Recovery
Monday, September 30, 2019 - 3:14pm | 451Micron Technology, Inc. (NASDAQ: MU) shares are down 11.6% since the company’s earnings and guidance disappointed the market last week. Investors were hoping Micron’s memory market would recover in the second half of 2019, but one Wall Street analyst said Friday that the DRAM market may...
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Apple, Skyworks Get Big Upgrades Ahead Of Potential 5G iPhone Cycle
Thursday, July 18, 2019 - 9:33am | 326The 5G iPhone is coming, and one Wall Street analyst thinks it will be a big catalyst for Apple Inc (NASDAQ: AAPL) and iPhone supplier Skyworks Solutions Inc (NASDAQ: SWKS). The Analyst Raymond James analyst Chris Caso upgraded Apple from Market Perform to Outperform and set a $250 price...
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Analysts: Broadcom's Reduced Outlook Due More To Caution Than Broader Weakness
Friday, June 14, 2019 - 4:40pm | 802Broadcom Inc (NASDAQ: AVGO) reported Thursday after the close with below-consensus second-quarter revenue and also cut its full-year forecast, sending the stock lower. The Analysts Raymond James analyst Chris Caso reiterated a Market Perform rating on Broadcom. Morgan Stanley analyst Craig...
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Nvidia Analysts Sold On Long-Term Story, But Cautious On Data Center Weakness, Competition
Friday, May 17, 2019 - 11:01am | 1138NVIDIA Corporation (NASDAQ: NVDA) came back strongly with its first-quarter report Thursday, with an earnings beat and revenues that slightly exceeded expectations. The Analysts Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Nividia and lowered the...
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Apple Q2 Earnings Preview: What To Expect
Sunday, April 28, 2019 - 10:25am | 739Apple, Inc. (NASDAQ: AAPL) investors are hoping Apple can keep the ball rolling when it reports fiscal second-quarter earnings after the market close on April 30. Here’s a look at what Wall Street is expecting from Apple. The Numbers Analysts are expecting Apple to report second-quarter EPS...
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Texas Instruments Analysts Cautious On Valuation Concerns, Limited Visibility Into Semiconductor Recovery
Wednesday, April 24, 2019 - 1:01pm | 444Texas Instruments Incorporated (NASDAQ: TXN) reported forecast-beating results Tuesday for the first quarter but issued cautious comments on the semiconductor industry cycle. The Analysts UBS analyst Timothy Arcuri reiterated a Sell rating on Texas Instruments with a $90 price target. Raymond James...
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'A Headline Negative': Intel Analysts React To Chipmaker's Exit From 5G Modems
Wednesday, April 17, 2019 - 12:17pm | 532The big headline on Wall Street on Wednesday is a truce between Apple, Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) after years of patent and royalties disputes. Both Qualcomm and Apple shares were trading higher Wednesday. Intel Corporation (NASDAQ: INTC) was a surprise winner and...
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'Significant Win': Wall Street Weighs In On Qualcomm-Apple Deal
Wednesday, April 17, 2019 - 10:20am | 1011After years of legal disputes about patents and royalties, Apple, Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) finally reached an agreement on Tuesday. Apple agreed to pay Qualcomm an undisclosed amount of cash, and Qualcomm agreed to a chipset supply deal that presumably means Qualcomm...
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Analysts: Intel's Datacentric Innovation Day Reinforces Performance Leadership, But No Major Surprises
Wednesday, April 3, 2019 - 3:43pm | 833Intel Corporation (NASDAQ: INTC) held its Datacentric Innovation Day in San Francisco Tuesday and unveiled its next-gen processors and platform technologies. The sell-side viewed the event as reaffirming the chip giant's performance leadership in data center products. The Analysts...