More tech stocks are set to benefit from Nvidia's gain, according to analysts. Here's a lineup

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 24 min. at publisher
  • 📊 Quality Score:
  • News: 89%
  • Publisher: 72%

Semiconductor Device Manufacturing Berita

Technology,Microchip Technology Inc,Analog Devices Inc

Analysts see positive effects for multiple other companies as a result of Nvidia's growth and blowout earnings.

Nvidia 's latest blowout earnings report spells good news for a host of other tech stocks. The dominant maker of artificial intelligence processors delivered expectation-topping fiscal first-quarter results and stronger-than-anticipated guidance, declared a 10-for-1 stock split and raised its dividend. That strong showing bodes well for a host of other companies riding the AI tide or with specific connections to Nvidia.

mountain Super Micro, year to date Taiwan Semiconductor also stands to gain from Nvidia's report, according to Bank of America analyst Brad Lin. Taiwan Semiconductor, which he called the "enabler of generative AI" as a supplier of integrated circuits and packaging, should benefit from high demand. Nvidia's strong forward guidance is a particularly good sign, Bank of America argued.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Analysts expect another strong earnings report from Nvidia, lift stock targetsAnalysts expect another strong earnings report from Nvidia, lift stock targets
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

Nvidia stock: 10 Wall Street analysts discuss earnings, outlookNvidia stock: 10 Wall Street analysts discuss earnings, outlook
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »