NVDA May 2024 625.000 put
| Previous close | 0.4700 |
| Open | 0.4900 |
| Bid | 0.4200 |
| Ask | 0.4600 |
| Strike | 625.00 |
| Expiry date | 2024-05-17 |
| Day's range | 0.4800 - 0.5300 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.85k |
- Yahoo Finance Video
Semiconductor stocks: What mixed results signal for the sector
The chip sector is off to a rocky start in 2024. After experiencing significant growth in 2023, some of the most popular semiconductor stocks exhibit mixed performance during this earnings season. Yahoo Finance's Julie Hyman breaks down what this means for the sector as a whole, emphasizing that the dispersion within the semiconductor space is largely due to the difference in end markets. For instance, Nvidia's (NVDA) success can be attributed to its distribution to data centers, where its chips are used to power artificial intelligence. Similarly, Qualcomm's (QCOM) stock was up last quarter due to increased smartphone demand. Hyman explains the critical takeaway lies in "where these companies are selling chips to and for what purpose." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
- Yahoo Finance Video
Chipmaker earnings: What investors can glean about AI drivers
Semiconductor leaders Advanced Micro Devices (AMD) and Super Micro Computer (SMCI) are running into trouble as both of their shares are falling after reporting their prospective earnings results; AMD shares have been edging lower since reporting a first-quarter earnings beat on Tuesday, while Super Micro narrowly missed fiscal third-quarter revenue estimates. Yahoo Finance Markets Reporter Josh Schafer analyzes the latest earnings from chipmakers and what results are informing investors about potentially slowing AI catalysts. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Investor's Business DailyMagnificent Seven Stocks: Nvidia Stock Rallies; Tesla Reverses Lower
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
