Nvidia and 2 Chip Stocks to Buy After Intel’s Earnings Beat

Intel shares are surging after the chip maker provided a strong outlook for its December quarter and announced newly signed customers for its nascent foundry business.

On Friday, analyst Harsh Kumar reiterated his Overweight ratings for Nvidia , Advanced Micro Devices , and ON Semiconductor , citing the positive commentary from Intel about key end markets. Intel was also optimistic about demand for AI chips, stating the company was supply-constrained for its Gaudi AI products. It saw order pipelines double for AI chips over the past three months. Kumar said that’s good news for Nvidia and AMD, which both make AI semiconductor products. “This bodes well for AMD’s upcoming MI300 launch and the AI space in general as demand is far ahead of supply at this time,” he wrote.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia and Arista see their stocks drop as Meta capex outlook trails estimatesEmily Bary is a MarketWatch news editor based in New York.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Nvidia RTX 4090 prices are skyrocketing as stocks run seriously lowThe Nvidia RTX 4090 graphics card is in short supply, and that’s causing prices to skyrocket at a range of online stores. Is it the start of a new GPU shortage?
Fuente: DigitalTrends - 🏆 95. / 65 Leer más »

Chip stocks are having their worst day of the yearJames Rogers is a Financial Columnist for MarketWatch.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Jim Cramer names six stocks worth looking to buy if there's a major sell-offAmong the names CNBC’s Jim Cramer likes are Procter & Gamble, General Electric and WM.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

Jim Cramer names six stocks worth looking to buy if there's a major sell-offAmong the names CNBC's Jim Cramer likes are Procter & Gamble, General Electric and WM.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer names six stocks worth looking to buy if there's a major sell-offAmong the names CNBC’s Jim Cramer likes are Procter & Gamble, General Electric and WM.
Fuente: NBCDFW - 🏆 288. / 63 Leer más »