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Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Thursday, December 21, 2023 - 1:18pm | 1146Micron Technology Inc (NASDAQ: MU) shares climbed in early trading on Thursday, after the company reported better-than-expected revenues for its fiscal first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Goldman Sachs On...
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Advanced Micro Devices Projects $45B AI Chip Market In 2023: Analysts Say Chipmaker 'Maturing Fast' After GPU Launch
Thursday, December 7, 2023 - 5:56pm | 761Advanced Micro Devices, Inc. (NASDAQ: AMD) shares rallied Thursday after the company announced the launched of its new GenAI chip. Raymond James On Advanced Micro Devices Analyst Srini Pajjuri maintained a Strong Buy rating while raising the price target from $125 to $140. “AMD...
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Broadcom Earnings Results Show AI Strength: 6 Analysts Deep Dive Into Print, Outlook
Friday, September 1, 2023 - 10:54am | 689Shares of Broadcom Inc (NASDAQ: AVGO) tanked in early trading on Friday, after the company reported its fiscal third-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BMO Capital Markets analyst Ambrish Srivastava...
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AMD's AI Bet A 2024 Opportunity, But Near-Term Outlook Leaves Analysts Wary After Q2 Print
Wednesday, August 2, 2023 - 12:37pm | 927Advanced Micro Devices, Inc. (NASDAQ:AMD) reported Tuesday after the close better-than-expected second-quarter results, but the guidance came in light. The AMD Analysts: Bernstein analyst Stacy Rasgon maintained a Market Perform rating and $95 price target for AMD shares. Susquehanna Financial...
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AMD Q2 Beats Estimates As Server, PC Chip Demand Improves; Chipmaker Signals Strong Engagement Ahead Of AI Chip Launch
Tuesday, August 1, 2023 - 4:54pm | 965Advanced Micro Devices, Inc. (NASDAQ:AMD) reported second-quarter results Tuesday that exceeded estimates, as its business segments — with the exception of gaming — reported sequential revenue growth. The company noted strong demand for its server and PC processors and hinted at a strong AI revenue...
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AMD Q2 Earnings Preview: Analysts Expect Transitional Quarter Leading To AI-Powered Q4 Recovery
Tuesday, August 1, 2023 - 8:33am | 840Advanced Micro Devices, Inc. (NASDAQ:AMD), which is playing catchup with peer Nvidia Corp. (NASDAQ:NVDA) in the AI game, is scheduled to report its second-quarter results Tuesday after the market close. Key AMD Metrics: Analysts, on average, expect AMD to report earnings per share of 52 cents for...
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Intel's Q2 Results Get Mixed Reactions From 4 Analysts: 'AI Contribution Remains Modest'
Friday, July 28, 2023 - 11:02am | 685Analysts are diving into the second quarter financial results reported by Intel Corporation (NASDAQ: INTC) Thursday after market close. Here are the key takeaways from the second quarter and the future of Intel. The Intel Analysts: Bernstein analyst Stacy Rasgon had a Market Perform rating and...
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Intel Q2 Earnings Preview: Earnings Estimates, What Analysts Are Saying And Why AI Is Still The Biggest Topic Of Discussion
Thursday, July 27, 2023 - 11:49am | 1008Semiconductor company Intel Corporation (NASDAQ: INTC) is set to report second quarter financial results after market close Thursday. Here are the key points to watch. Earnings Estimates: Intel is expected to report second-quarter revenue of $10.97 billion, according to analyst estimates data from...
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China Unable To Chip Off Micron's Prospects: 4 Analysts Remain Bullish On Outlook
Thursday, June 29, 2023 - 10:59am | 552Shares of Micron Technology Inc (NASDAQ: MU) declined in early trading on Thursday, despite the company reporting better-than-expected results. Here’s a look at some key analyst takeaways. Needham On Micron Technology Analyst Rajvindra Gill maintained a Buy rating, raising the price target...
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Super Micro Computer Is Well Positioned In The 'Mother of All Cycles,' Says Analyst
Wednesday, June 7, 2023 - 12:45pm | 326Shares of Super Micro Computer Inc (NASDAQ: SMCI) climbed in early trading on Wednesday, even after unusual activity in the options market. Super Micro Computer is a perfect fit in the global “secular AI-driven cycle we call the Mother of All Cycles or MOAC,” according to Rosenblatt...
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NVIDIA Analysts Praise Company Hitting The 'Mother of All Cycles': 'To $1 Trillion And Beyond For The AI Leader'
Thursday, May 25, 2023 - 12:12pm | 1110Technology giant NVIDIA Corporation (NASDAQ: NVDA) reported first quarter results that came in ahead of Street consensus estimates. Analysts are raising price targets after the company's blowout quarter and updated guidance. The NVDA Analysts: Needham analyst Rajvindra Gill has a Buy rating and...
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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...
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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...
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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...
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Marvell Technology's Shortfall Drivers Are A Concern: 5 Analysts Offer Takes On FQ3 Print
Friday, December 2, 2022 - 12:01pm | 620Marvell Technology Inc’s (NASDAQ: MRVL) shares tumbled in after-hours session on Thursday, following the company’s worse-than-feared earnings release. Benchmark Analyst Cody Acree reiterated a Buy rating and a price target of $70. Needham analyst Quinn Bolton maintained a Buy rating,...