|Bid||68.01 x 800|
|Ask||69.00 x 800|
|Day's range||66.11 - 70.68|
|52-week range||65.67 - 98.45|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||10.66|
|Forward dividend & yield||0.40 (0.56%)|
|Ex-dividend date||08 Apr 2022|
|1y target est||N/A|
KeyBanc Capital Markets Equity Research Analyst John Vinh joins Yahoo Finance Live to discuss earnings for Nvidia and Intel, the global chip shortage, and the outlook for chipmakers.
Technology stocks have been down in the dumps in 2022 -- evident from the 31.7% decline in the Nasdaq-100 Technology Sector index so far -- which means that there is a terrific opportunity for investors to buy some top companies on the cheap right now. Micron Technology (NASDAQ: MU) and Roblox (NYSE: RBLX) are two tech stocks that are available at attractive valuations right now following their horrid performance on the market this year. Micron Technology stock has shot up roughly 1,100% over the past decade, driven by healthy growth in the company's revenue, margins, and earnings.
Two months ago, computer memory maker Micron (NASDAQ: MU) reported its financial results for fiscal Q2 2022, and the news was incredible -- sales were up 25% year over year, and net profits more than tripled. Three weeks ago, semiconductors specialist Advanced Micro Devices (NASDAQ: AMD) reported some earnings of its own, and again the news was great -- sales up 71% and profits rising 42%. Heading into earnings day, Nvidia stock is down 5.3% at 11:10 a.m. ET Tuesday, and investor worry is beginning to bleed over into other tech stocks.