Michael McConnell

NVIDIA Corporation (NASDAQ: NVDA) shares are trading down by more than 4.6 percent Friday after the company reported Q2 revenue and earnings that topped Wall Street’s expectations. The post-earnings sell-off leaves Nvidia investors once again asking themselves a question that has been in the...

Semiconductor stocks have been some of the most volatile stocks in the market in the past few years. After his latest round of supply change checks in the space, Pacific Crest analyst Michael McConnell has updated the firm’s outlook for a few of the most popular semiconductor stocks....

Michael McConnell of Pacific Crest is sticking with his bearish rating on NVIDIA Corporation (NASDAQ: NVDA)'s stock despite a beat-and-raise earnings report and a 15 percent surge Wednesday. McConnell maintained an Underweight rating on Nvidia's stock with a price target boosted from $90 to...

Pacific Crest Securities, a unit of KeyBanc Capital Markets, said it remains Underweight on NVIDIA Corporation (NASDAQ: NVDA) due to signs of desktop GPU market saturation, lower margins from incremental Nintendo Co., Ltd (ADR) (OTC: NTDOY) Switch revenue and a possible sales pause in its data...

While tech giants Microsoft Corporation (NASDAQ: MSFT), Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) continue to invest in machine learning technology, Global Equities Research analyst Trip Chowdhry said NVIDIA Corporation (NASDAQ: NVDA) will be a direct beneficiary of the growing...

Shares of Intel Corporation (NASDAQ: INTC) are in the red after cut its full-year margin outlook at its analyst day. But, Michael McConnell of Pacific Crest remains Overweight on the stock, saying the company’s long-term fundamentals are intact. Intel expects its gross margin to decline...

Following NVIDIA Corporation (NASDAQ: NVDA)'s fourth-quarter earnings results, Michael McConnell of Pacific Crest argued that the stock has reached its peak and placed a $99 fair value. Loop Capital Markets' Betsy Van Hees took the other side of the trade and suggested Nvidia's stock will see...

NVIDIA Corporation (NASDAQ: NVDA), one of 2016's top performing stocks, is currently sitting near its all-time high $120.92. Needless to say this has many investors wondering if there is further room for the stock to grow. Michael McConnell of Pacific Crest doesn't think this is the case as the...

Strength in datacenter and gaming led to better-than-expected quarterly results at NVIDIA Corporation (NASDAQ: NVDA), which set at a new 52-week high of $79.90 on Friday and continued to rise from there. The Quarter's Positives NVIDIA saw strong demand for gaming, VR, self-driving cars and...

Michael McConnell of Pacific Crest isn't bullish on Apple Inc. (NASDAQ: AAPL)'s iPhone 7 outlook, which prompted him to downgrade several names that take part in the company's supply chain. According to McConnell's discussions with multiple supply-chain partners in Asia, the iPhone 7 demand is...

Pacific Crest has upgraded ON Semiconductor Corp (NASDAQ: ON) to Overweight, citing underappreciated ADAS content story, FCS synergies and Skylake tailwinds. Future Catalysts The brokerage said ADAS is the future content driver for ON, which has 70 percent "automotive image sensor market share and...

KeyBanc analysts Michael McConnell and Hans Chung have upgraded their rating of ON Semiconductor Corp (NASDAQ: ON) to Overweight, citing increased content per vehicle from ADAS penetration, considerable EPS accretion from the acquisition of FCS and upcoming content expansion and share gains in...

Pacific Crest says strong demand from Tesla led NVIDIA Corporation (NASDAQ: NVDA) to post solid quarterly results and guidance. Driven by a strong demand from datacenter and auto markets, the company's first quarter GAAP EPS of $0.33 was a penny better than the Street and Pacific Crest'...

QUALCOMM, Inc. (NASDAQ: QCOM) announced better-than-expected F2Q results, with sales of $5.54 billion and EPS of $1.04. Pacific Crest’s Michael McConnell maintained an Overweight rating for the company, while reducing the price target from $63 to $61. The upside in Qualcomm’s...