|Day's range||16.85 - 16.90|
Perhaps no other company has benefited more from the AI mania than chipmaker Nvidia (NASDAQ: NVDA). Nvidia's earnings report was solid, but its guidance was so far ahead of Wall Street expectations that the stock jumped well over 30% and the company briefly joined the $1 trillion market cap club. What really stood out on the earnings call was how well the company's data center business performed.
Micron (MU) makes volume production available for its high-speed 96GB DDR5 registered dual in-line memory modules for AI and in-memory database workloads.
Recent technological advances shed light on virtual reality (VR) in recent months, making it an industry worth keeping a close eye on. Meta Platforms and Sony have dominated the VR space with their respective headsets for years. Meta has pivoted its business almost completely toward VR development and the metaverse.
Advanced Micro Devices (NASDAQ: AMD) stock has delivered stunning gains of 84% so far in 2023, which may seem surprising given that the company's revenue and earnings are expected to shrink this year. Its earnings are forecasted to drop to $2.86 per share from $3.50 per share in 2022. The rich earnings multiple and the headwinds that AMD faces suggest that it may be too late for investors to buy into this semiconductor stock's growth spurt.
Semiconductors fuel secular growth trends from artificial intelligence to autonomous driving, but which are the best stocks to buy now in the semiconductor industry?
Goldman makes a big markets call based on the rising popularity of AI stocks.
The stock market as a whole had a pretty quiet month in May 2023. Cloud-based AI needs network security, where Cloudflare is a leader. Before we dive into what moved this trio of AI stocks higher in May, it should be noted that Cloudflare started from an unusually low level.
Tesla shares have gained nearly 30% in the past month as it approaches its next earnings release.
Artifical intelligence (AI) is all the rage right now, and the chipmaker is in the spotlight because of it.
Until recently, Intel's (NASDAQ: INTC) Arc graphics cards received little interest from board partners. Intel sells its own "Limited Edition" versions, and there are some models from AsRock and Acer available. Historically, graphics card giants Nvidia and AMD have relied on board partners to bring graphics cards built around their GPUs to market.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
It's time to call out some trends to watch in the stock market before hitting the surf and sand.
Most readers would already be aware that Advanced Micro Devices' (NASDAQ:AMD) stock increased significantly by 44% over...
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Get a comprehensive view of the future of investing in AI, through the lens of three industry leaders.
Advanced Micro Devices (NASDAQ: AMD) has caught the attention of Wall Street this year, with its stock up 82% since Jan. 1. Investors have rallied as the company's potential in the future of artificial intelligence (AI) has strengthened. Here are three things about AMD that smart investors know.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
IFNNY vs. AMD: Which Stock Is the Better Value Option?
FormFactor (FORM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The tech-heavy Nasdaq Composite Index wrapped up a historic month, outperforming the Dow Jones by the widest margin since October 2001.
In fact, the S&P 500 only advanced by a quarter of a percentage point in May. For a handful of technology stocks, however, May was a bullish blowout. Are the S&P 500's biggest winners from last month still worth buying at their newly inflated price?
These phenomenal businesses have the tools and intangibles to make patient shareholders a lot richer.
Fool.com contributor and finance professor Parkev Tatevosian compares Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) to answer which AI stock is the best one to buy now. *Stock prices used were the afternoon prices of May 30, 2023.
Advanced Micro (AMD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The cloud market has had its share of attention in recent years, with the COVID-19 pandemic bolstering the sector as thousands of companies moved to hybrid working styles. As a result, cloud giants enjoyed several quarters of winning over investors with double-digit revenue growth from their cloud platforms. Last year's economic headwinds have since slowed cloud growth for many companies as rising inflation forced businesses to trim cloud budgets.