Rick Schafer

Semiconductor stocks have taken a hit in recent weeks on concerns that the U.S. trade war with China could exacerbate an already cyclically soft market. One Wall Street analyst met with management teams from top semiconductor companies this week and said there is a clear winner among the group...

Marvell Technology Group Ltd. (NASDAQ: MRVL) announced the acquisition Monday of Avera Semiconductor from GlobalFoundries. Earlier this month, the semiconductor company announced a deal to buy Aquantia Corp (NYSE: AQ). The two acquisitions — of the leader in multi-gig ethernet connectivity...

Intel 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...

Intel Corporation (NASDAQ: INTC) seems to have allayed the Street's fears with a top- and bottom-line beat in Q3, as well as a positive guidance reset. The Analysts Oppenheimer analyst Rick Schafer maintained a Perform rating on Intel shares. BMO Capital Markets analyst Ambarish...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is getting crushed Thursday following a disappointing third-quarter earnings report. Earnings of 13 cents per share beat estimates by a penny, while sales of $1.65 billion missed estimates. AMD sees Q4 sales of $1.4 billion to $1.5 billion, which also fell...

NVIDIA Corporation (NASDAQ: NVDA) stock fell 5 percent Friday after the company missed market expectations with its third-quarter guidance. Several Wall Street analysts weighed in on Nvidia stock following the earnings report. Here’s a rundown of what they had to say. Cryptocurrency Noise...

Notwithstanding the earnings-induced pullback in NVIDIA Corporation (NASDAQ: NVDA) shares, an Oppenheimer analyst deemed the chipmaker worthy of an upgrade.    The Analyst Analyst Rick Schafer upgraded Nvidia from Perform to Outperform and maintained a $310 price target. The Thesis...

NVIDIA Corporation (NASDAQ: NVDA) reported a blowout fourth quarter earnings report Thursday, but was it good enough to turn Wall Street's skeptics to bulls? Here's a look at how some Wall Street analysts reacted. Oppenheimer: NVDA Surpassed High Expectations Oppenheimer's...

Intel Corporation (NASDAQ: INTC) shares were up 10 percent Friday after the company’s fourth-quarter earnings report blew expectations out of the water. A number of Wall Street analysts weighed in on Intel following the report. Voices From The Street Oppenheimer analyst Rick Schafer said...

NVIDIA Corporation (NASDAQ: NVDA) was one of the biggest gainers in 2016 and 2017 and will be closely followed by investors throughout 2018 to determine if further gains can be seen. The Analyst Oppenheimer's Rick Schafer maintains a Perform rating on Nvidia's stock. The Thesis Schafer...

Following Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ: AMD), it's now NVIDIA Corporation (NASDAQ: NVDA)'s turn to roll out its quarterly financial scorecard. Nvidia is scheduled to release third-quarter results after Thursday's close. Lofty Q3...

Skyworks Solutions Inc (NASDAQ: SWKS) shares were sliding Tuesday following the release of fourth-quarter results. Unfazed by the dip, sell-side analysts unanimously recommended buying the shares of this Apple Inc. (NASDAQ: AAPL) supplier. Skyworks reported record quarterly revenues of $984.6...

Shares of Intel Corporation (NASDAQ: INTC) were trading higher by nearly 5 percent ahead of Friday's opening bell and above its 52-week high of $41.58 after the company reported a "solid all around" third quarter earnings report, analysts at Oppenheimer said in a research report. However, the firm'...

The market reacted very positively to Advanced Micro Devices, Inc. (NASDAQ: AMD)’s EPYC launch event on Tuesday, sending AMD shares higher by 7.5 percent. But not everyone sees EPYC making a meaningful impact for AMD in the near term. Investors shouldn’t expect the EPYC story to begin...

Oppenheimer said QUALCOMM, Inc. (NASDAQ: QCOM)’s legal issues won’t hurt its pending acquisition of NXP Semiconductors NV (NASDAQ: NXPI), which it had agreed to buy in October for $110.00 a share in cash, representing a total enterprise value of about $47 billion. The earnings call of...