-
Nvidia Impresses Analysts With Datacenter Resurgence, Expanding Margins
Friday, November 15, 2019 - 1:11pm | 1039NVIDIA Corporation (NASDAQ: NVDA) reported mixed quarterly numbers, with the third-quarter results exceeding expectations, while the fourth-quarter revenue guidance was light. The Analysts Bank of America analyst Vivek Arya reiterated a Buy rating on Nvidia and raised the price target from $250 to...
-
Intel Analysts Reflect On Data Center Strength, Product Roadmap And Competition
Friday, October 25, 2019 - 12:11pm | 868Intel Corporation (NASDAQ: INTC) shares are climbing to a six-month high following third-quarter results. The Analysts Morgan Stanley analyst Joseph Moore maintained an Overweight rating on shares of Intel and nudged the price target from $64 to $65. (See his track record here) Wedbush analyst...
-
Street Debates Micron's Stock After Q4 Disappoints
Friday, September 27, 2019 - 4:05pm | 737Memory 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...
-
Applied Materials Posts Solid Q3 Results, But Faces Near-Term Headwinds, KeyBanc Says
Friday, August 16, 2019 - 11:11am | 333Applied Materials, Inc. (NASDAQ: AMAT) reported strong results for the fiscal third quarter and reiterated its full-year guidance. However, a significant increase in operating expenses would impact the company’s performance in the near term, according to KeyBanc Capital Markets. The Analyst...
-
KLA Posts Good Q4 Results, Outlook For 2020 Improves
Tuesday, August 6, 2019 - 2:13pm | 313KLA Corp (NASDAQ: KLAC) seems poised to benefit from a strong logic/foundry demand environment, while a recovery in memory could lend additional upside in 2020, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Weston Twigg maintained an Overweight rating on KLA while raising the...
-
Intel Analyst Plays Down Beat-and-Raise Quarter Amid Caution Over Second-Half Fundamentals
Friday, July 26, 2019 - 2:28pm | 786Intel Corporation (NASDAQ: INTC) reported forecast-beating results for the second quarter Thursday and issued an upbeat forecast for the third quarter and fiscal year 2019. The Analysts KeyBanc Capital Markets analyst Weston Twigg maintained a Sector Weight rating on Intel. Benchmark Company...
-
Wall Street Sees More Upside For Micron Following Earnings Pop
Wednesday, June 26, 2019 - 11:27am | 668Micron Technology, Inc. (NASDAQ: MU) jumped 13% on Wednesday after the memory giant handily topped analyst expectations with big earnings and revenue beats on Tuesday. In addition to surprising to the upside, the report eased investor concerns about the impact of the U.S. blacklist of Huawei, which...
-
Applied Materials Analysts Break Down Q2 Beat
Friday, May 17, 2019 - 3:47pm | 760Semiconductor equipment maker Applied Materials, Inc. (NASDAQ: AMAT) reported better-than-expected fiscal second-quarter results Thursday, sending its shares solidly higher. The company issued in-line third-quarter guidance. The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-...
-
Nvidia Analysts Sold On Long-Term Story, But Cautious On Data Center Weakness, Competition
Friday, May 17, 2019 - 10:01am | 1138NVIDIA Corporation (NASDAQ: NVDA) came back strongly with its first-quarter report Thursday, with an earnings beat and revenues that slightly exceeded expectations. The Analysts Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Nividia and lowered the...
-
Western Digital Analysts Maintain Mostly Bullish Stances Despite Long NAND Recovery
Tuesday, April 30, 2019 - 10:32am | 708Shares of Western Digital Corp (NASDAQ: WDC) were trading lower Tuesday in the wake of the storage solutions provider's disappointing fiscal third-quarter report. The Analysts Wells Fargo Securities analyst Aaron Rakers maintained an Outperform rating on Western Digital with a $65...
-
As Intel Falls After Q1 Report, Analysts Recommend Buying The Dip
Friday, April 26, 2019 - 12:11pm | 839Intel Corporation (NASDAQ: INTC)'s first-quarter earnings report Thursday confirmed the weakness in semiconductor demand, with the chipmaker forecasting its first annual profit decline since 2015. The Analysts Morgan Stanley analyst Joseph Moore maintained an Overweight rating on Intel...
-
Big Chip Q1 Earnings Preview: A Focus On Industry Downturn, Product Delays, Competitive Dynamics, New Tech
Thursday, April 25, 2019 - 11:26am | 947Corporate 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...
-
'A Headline Negative': Intel Analysts React To Chipmaker's Exit From 5G Modems
Wednesday, April 17, 2019 - 11:17am | 532The big headline on Wall Street on Wednesday is a truce between Apple, Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) after years of patent and royalties disputes. Both Qualcomm and Apple shares were trading higher Wednesday. Intel Corporation (NASDAQ: INTC) was a surprise winner and...
-
With Semiconductor Demand Uncertain, KeyBanc Presents Stock Ideas
Tuesday, April 2, 2019 - 2:33pm | 924The state of the semiconductor industry has been the subject of much debate, and most analysts are wary of the demand outlook for the sector in the near- and medium-term. Against this backdrop, an analyst at KeyBanc Capital Markets revisited the prospects for the sector on the basis of his...
-
Wall Street Remains Bullish On Micron
Thursday, March 21, 2019 - 9:40am | 707Micron Technology, Inc. (NASDAQ: MU) shares traded higher by 9 percent Thursday after the chipmaker reported second-quarter earnings and revenue beats. The results were a pleasant surprise for investors concerned about the impact of a memory supply glut glut driven by a softening global smartphone...