News Formal

3 Smaller Tech Stocks to Buy as Focus Shifts From Megacaps

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 15 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

S&P 500 News

Intel Corporation,NVIDIA Corporation,Advanced Micro Devices Inc

Stocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, Intel Corporation, NVIDIA Corporation, Advanced Micro Devices Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

became a hybrid growth hedge after the Fed’s unprecedented intervention to flood the economy with money, rampant inflation, and the resultant hiking cycle.According to Monday’s UBS Global Research report, Big 6 Tech stocks’ earnings per share could decline from the forecasted 42.2% this year to 15.5% by Q1 2025. The report noted that this would not come from puncturing the AI hype balloon, but due to “difficult comps and cyclical forces”.

While this is still impressive, AMD has yet to capitalize on its own AI chip rollouts. Countering Nvidia’s H100 in performance and cost-effectiveness, AMD’s MI300 is poised to significantly increase the company’s market share as it supplies the burgeoning AI infrastructure.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3 Stocks Set Up for a Great Second Quarter of 2024Stocks Analysis by The Tokenist (Timothy Fries) covering: Marvell Technology Inc, Occidental Petroleum Corporation, Pfizer Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Is Samsung Poised for Significant Growth as the AI Chip Market Surges?Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, NVIDIA Corporation, Samsung Electronics Co Ltd. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Tesla Q1 Earnings: Why Analysts Are Their Lowering ExpectationsStocks Analysis by The Tokenist (Timothy Fries) covering: Tesla Inc, BYD Co Ltd Class A. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Cocoa Futures: The Impact of Supply Woes on the Broader MarketCommodities Analysis by The Tokenist (Timothy Fries) covering: US Cocoa Futures. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »