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Intel Falls On Q3 Results: 8 Analysts On Gross Margin Pressure, Manufacturing Challenges
Friday, October 23, 2020 - 11:02am | 1060Intel Corporation (NASDAQ: INTC) shares are retreating to a one-month low following the chipmaker's lukewarm third-quarter results. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Neutral to Underperform and reduced the price target from $60 to $45. Benchmark...
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AMD's Interest In Xilinx 'Strategic': Here's Why
Friday, October 9, 2020 - 12:48pm | 454Advanced Micro Devices, Inc. (NASDAQ: AMD) is reportedly in talks to buy programmable chip maker Xilinx, Inc. (NASDAQ: XLNX) for about $30 billion. The AMD Analyst: Rosenblatt Securities analyst Hans Mosesmann has a Buy rating on AMD with a $120 price target. The AMD Takeaways: A Xilinx...
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5 Micron Analysts On Q4 Beat, Huawei Challenges
Wednesday, September 30, 2020 - 1:36pm | 838Micron Technology, Inc. (NASDAQ: MU) reported strong fourth-quarter results Tuesday, but the stock is losing ground on the Huawei standoff. The Micron Analysts: KeyBanc Capital Markets analyst Weston Twigg maintained an Overweight rating and $70 price target. Needham analyst Rajvindra Gill...
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Bullish Broadcom Analysts Lift Price Targets, Highlight Execution, iPhone Exposure
Friday, September 4, 2020 - 3:57pm | 886Broadcom Inc (NASDAQ: AVGO) reported strong quarterly results Thursday, sending the semiconductor stock higher. The Broadcom Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Broadcom shares and upped the price target from $400 to $450. UBS analyst Timothy Arcuri...
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An Intel Bull, Bear On New Tiger Lake Processors: 'Impressive' Or Poorly Timed?
Thursday, September 3, 2020 - 12:28pm | 509Intel Corporation (NASDAQ: INTC) launched its 11th-generation Tiger Lake mobile processor Wednesday, advertising it as the best CPU for laptops. The Intel Analysts: KeyBanc Capital Markets analyst Weston Twigg maintained an Overweight rating on Intel with an $82 price target. Rosenblatt...
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Nvidia Q2 Roundup: Analysts See 'Only Perpetual Growth Story In Semis,' Premium Valuation
Thursday, August 20, 2020 - 2:16pm | 1185NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating second-quarter results Wednesday and issued above-consensus third-quarter revenue guidance. The Nvidia Analysts: Reviewing the results, BofA Securities analyst Vivek Arya reiterated a Buy rating and increased the price target from $...
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AMD Analysts Bet On Continuing Momentum Amid Tailwinds, Execution, Intel Missteps
Wednesday, July 29, 2020 - 1:09pm | 1000Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading in record territory after the chipmaker reported stellar quarterly results. The AMD Analysts Piper Sandler analyst Harsh Kumar reiterated an Overweight rating on AMD and increased the price target from $60 to $82. Rosenblatt...
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Intel Analysts See End Of 'Computing Dominance' Amid 7nm Node Delay, Competitive Threat
Friday, July 24, 2020 - 12:42pm | 1257Intel Corporation (NASDAQ: INTC) reported forecast-beating second-quarter results but painted a mixed picture for the current quarter, sending the chipmaker's shares sharply lower Friday. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Buy to...
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Intel, Texas Instruments To Kickstart Chip Earnings With 'Better-Than-Feared' Results
Thursday, July 16, 2020 - 5:01pm | 498Major chipmakers Intel Corporation (NASDAQ: INTC) and Texas Instruments Incorporated (NASDAQ: TXN), are scheduled to report earnings next week. Texas Instruments and Intel are scheduled to report after the close Tuesday and Thursday, respectively. The Intel Analyst:...
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Why Key Intel Chip Design Exec's Departure Is Positive For AMD, Nvidia
Friday, June 12, 2020 - 12:58pm | 567Chipmakers are running a close race as they strive to capitalize on the tech opportunity created by the coronavirus pandemic. Against this backdrop, Intel Corporation (NASDAQ: INTC) announced a key executive departure, and the development is seen as a positive for rivals such as Advanced Micro...
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9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'
Friday, May 22, 2020 - 11:47am | 1324NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal year 2021 first-quarter results Thursday after the close, sending the chipmaker's stock higher Friday. The Nvidia Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating on Nvidia shares and raised the price target...
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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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AMD Analysts Eye Valuation, PC Risks, Intel Competition After Q1 Report
Wednesday, April 29, 2020 - 1:50pm | 859Advanced Micro Devices, Inc. (NASDAQ: AMD) reported fairly robust first-quarter results Tuesday, although the second-quarter revenue guidance was below Street expectations at the low end. The AMD Analysts UBS analyst Timothy Arcuri maintained a Neutral rating on AMD shares and ...
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AMD Analysts Discuss Server, Data Center Strength And Conservative Guidance
Wednesday, January 29, 2020 - 12:01pm | 907Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are retreating in reaction to the chipmakers' fourth-quarter results. AMD reported fourth-quarterly earnings of 32 cents per share on Tuesday, which beat the analyst consensus estimate of 31 cents. The company reported quarterly sales of $2....
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Micron Analysts Stay Bullish Amid Cycle Turning, Demand-Supply Tightness
Thursday, December 19, 2019 - 12:16pm | 982Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter results that exceeded estimates and suggested the second quarter may mark a bottom in terms of its financial performance. The Analysts Goldman Sachs analyst Mark Delaney reiterated a Buy rating on Micron and raised the price target...