Mitch Steves

The U.S. President Joe Biden’s unveiling of the $2.3 trillion infrastructure plan aimed at rebuilding American roads, bridges, mass transit, and water infrastructure, has boosted the U.S. market’s morale heading into the second quarter of the year. . But more immediate concerns continue...

Even as rumors swirl around Apple Inc (NASDAQ: AAPL) entering the growing electric vehicle market, an analyst at RBC Capital Markets is suggesting Cupertino has another, more lucrative opportunity. Crypto A Better Bet For Apple? Apple should be following in the footsteps of Tesla Inc...

Intel Corporation (NASDAQ: INTC) shares were trading lower in the wake of the chip giant's better-than-expected fourth-quarter results, which were reportedly issued a few minutes early Thursday after Intel's website was hacked.  The Intel Analysts: BofA Securities...

Nvidia Corporation (NASDAQ: NVDA) reported strong quarterly results and issued above-consensus guidance for the fiscal fourth quarter. The Nvidia Analysts: Needham analyst Rajvindra Gill maintained a Buy rating and $700 price target on Nvidia shares. Mizuho Securities analyst Vijay Rakesh...

NVIDIA 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 $...

NVIDIA 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...

Memory and storage solutions company Micron Technology, Inc. (NASDAQ: MU) reported Thursday with fourth-quarter results and a disappointing outlook. Micron shares immediately traded lower following the print, and the Street debated if investors should be buyers of the dip. The Good, Bad In Q4...

Corporate profit expectations for the first quarter are muted, with most analysts bracing for S&P 500 profits to decline for the first time since the second quarter of 2016. Semiconductor and semiconductor equipment makers could see their profit drop 23 percent year-over-year, according to...

Shares of Western Digital Corp (NASDAQ: WDC) are poised for further upside despite deteriorating NAND fundamentals, according to RBC Capital Markets.  The Analyst Analyst Mitch Steves maintained an Outperform on Western Digital and increased the price target from $55 to $60. The Thesis...

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares have soared about 44 percent year-to-date, after a nearly 80-percent rally in 2018. Notwithstanding the recent run, one RBC Capital Markets analyst still sees an opportunity to build positions in the stock. The Analyst Analyst Mitch...

NVIDIA Corporation (NASDAQ: NVDA) held its investor day Tuesday in conjunction with its GTC Developers Conference. The Analysts Bank of America Merrill Lynch analyst Vivek Arya maintained a Buy rating and a $193 price target for Nvidia shares. RBC Capital Markets analyst Mitch Steves maintained...

Nvidia Corporation (NASDAQ: NVDA)'s $6.9-billion acquisition of Mellanox Technologies, Ltd. (NASDAQ: MLNX) is a bit of a "head scratcher" move, according to Bloomberg Intelligence's Anand Srinivasan. Srinivasan: Long-Term Play Nvidia is known for "making one thing really well...

NVIDIA Corporation (NASDAQ: NVDA) stock jumped 9 percent after hours Thursday after the company reported earnings and revenue beats. Nvidia reported fourth-quarter revenue of $2.21 billion, slightly above consensus estimates but down 24 percent from a year ago. Nvidia said it expects fiscal 2020...

Applied Materials, Inc. (NASDAQ: AMAT) reported Thursday after the market close with forecast-beating fiscal first-quarter results and weak Q2 guidance.  The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-weight rating and $40 price target for Applied Materials shares...

Sanmina Corp (NASDAQ: SANM) reported strong first-quarter results Monday across all end markets and noted an improvement in lead times. The company has significant exposure to communication and optical revenues, which have bottomed and are showing signs of growth, according to RBC Capital Markets....