Ambrish Srivastava

Nvidia, Inc. (NASDAQ: NVDA) reported stellar quarterly results Wednesday thanks to strong performances by its data center and gaming businesses. The Nvidia Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Nvidia shares and increased the price target from $250 to $260...

Projections of a continued supply-demand imbalance in the semiconductor industry into 2022 has led BMO Capital Markets analysts to turn bullish on shares of Micron Technology, Inc. (NASDAQ: MU). The Micron Analyst: Ambrish Srivastava upgraded Micron Technologies from Market Perform to ...

Intel Corporation (NASDAQ: INTC) shares have reacted positively to the company's announcement concerning the appointment of VMware, Inc. (NYSE: VMW) top brass Pat Gelsinger as its CEO. In a sympathy move, shares of rival chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) pulled back, as...

Intel Corporation (NASDAQ: INTC) announced a new CEO Wednesday, sending the chipmaker's shares higher by about 7%. The Intel Analysts: Needham analyst Quinn Bolton upgraded Intel from Hold to Buy and assigned a $70 price target. BMO Capital Markets analyst Ambrish Srivastava upgraded...

NVIDIA Corporation (NASDAQ: NVDA) reported forecast-beating second-quarter results Wednesday and issued above-consensus third-quarter revenue guidance. The Nvidia Analysts: Reviewing the results, BofA Securities analyst Vivek Arya reiterated a Buy rating and increased the price target from $...

A BMO Capital Markets analyst left the sidelines on NVIDIA Corporation (NASDAQ: NVDA) Monday.  The Nvidia Analyst Ambrish Srivastava upgraded Nvidia from Market Perform to Outperform and hiked the price target by about 50% from $285 to $425. The Nvidia Thesis Continued execution on the...

Skyworks Solutions Inc (NASDAQ: SWKS) reported better-than-expected fiscal fourth-quarter earnings and revenues, but the stock is slipping in reaction to the year-over-year declines in both metrics. The Analysts Bank of America analyst Vivek Arya reiterated an Underperform rating and $92 price...

Memory 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...

Cree, Inc. (NASDAQ: CREE) shares tumbled 16% on Wednesday after the chipmaker beat earnings and sales estimates for the fiscal fourth quarter but disappointed Wall Street with a lackluster outlook. Cree reported fourth-quarter adjusted EPS of 11 cents on revenue of $251 million. Both numbers beat...

ON Semiconductor Corp (NASDAQ: ON) shares were trading lower Tuesday after the company reported a mixed second quarter. ON reported in-line EPS of 42 cents, but revenue declined 7% to $1.348 billion, short of analyst expectations. ON said demand in China and the rest of Asia is weak as the trade...

Texas Instruments Incorporated (NASDAQ: TXN) reported a second quarter beat and guided to a fourth consecutive quarter of revenue decline. The company has much higher free cash flow and earnings potential than it did in past cycles, according to BMO Capital Markets. The Analyst BMO’s Ambrish...

Micron 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...

Cree, Inc. (NASDAQ: CREE) is executing on its turnaround, but the risk-reward profile for the stock is balanced, according to BMO Capital Markets, which dropped its bullish stance Sunday.  The Analyst Ambrish Srivastava downgraded Cree from Outperform to Market Perform with an...

Xilinx, Inc. (NASDAQ: XLNX) hosted an analyst and investor day presentation Tuesday where management laid out its business and discussed growth drivers. The Analysts BMO Capital Markets' Ambrish Srivastava maintained a Market Perform rating on Xilinx with a price target lowered from $...