Nvidia Stock News: Data center demand is key to earnings beat
Although anything could happen, our money is on another earnings beat. Semiconductors are in hot demand, and 2021's chip shortage is yet to be sated. With a lack of supply, chip makers overall should find it easy to raise prices as many of the top designers offer products without simple substitutes. wrote to clients, "We hear data center still remains an area of relative strength within semis, as consumer semis PCs and smartphone-related demand continues to come down.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »