When Nvidia beats estimates, these 6 AI stocks tend to rise

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 72%

NVIDIA Corp أخبار

Super Micro Computer Inc,Advanced Micro Devices Inc,Marvell Technology Inc

Five U.S.-listed stocks and one Japan-listed company have risen between 6% and 33% after Nvidia revealed bumper earnings in the past.

Six artificial intelligence-related stocks tend to react positively to Nvidia 's quarterly results, according to

Pro analysis. It comes ahead of Nvidia's first-quarter earnings this year, which will be released Wednesday after the market close. Five U.S.-listed stocks — Super Micro Computer , AMD , Marvell Technology , Vertiv , and Synopsys — along with Japan-listed Advantest Corp have each risen between 6% and 33% in the past after Nvidia revealed bumper earnings.

Pro screened for chip stocks in the MSCI World index that rose in both the fourth quarter of 2023 and the first quarter of 2023. Wall Street analysts expect Nvidia to beat again on Wednesday, with estimates currently standing at $5.52 earnings per share. However, some have cautioned that how the AI chip stock will react this time around is less clear .

's Kif Leswing and Alex Koller contributed reporting.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين