BofA analyst Vivek Arya believes chipmaker Nvidia Corp could benefit from growth in several areas. Arya chose Nvidia as his top large-cap sector pick. Nvidia and fellow semiconductor businesses Marvell Technology, Inc and Advanced Micro Devices, Inc, can all immensely benefit from the continued growth in cloud computing, among other factors, Arya said. Arya also chose ON Semiconductor Corp as his top small-…
BofA Picks Nvidia As Top Pick; Expresses Bullishness on Marvell, AMD, ON Semiconductor
Nvidia Shares Tumble Nearly 10 Percent Amid ‘Slowing’ Video Game Market
May 26, 2022
admin
Business & EconomyCompanieseconomyInvestmentMarketsMedia & Big TechnvidiastocksTechTech NewsUSUS News
0 Comment
Shares of chip designer Nvidia tumbled more than 10 percent on Wednesday after the company said it expects sales of video game chips to decline in the current quarter. The American technology company beat analysts’ expectations for sales and earnings, reporting record revenue for the first quarter of $8.29 billion, up 46 percent from a year ago and up 8…
Nvidia Shares Drop as Baird Cuts Price Target by 38 Percent, Downgrades to Neutral
Baird analyst Tristan Gerra downgraded NVIDIA Corp to Neutral from Outperform with a price target of $225, down from $360. The price target implied a downside of 2.7 percent. Gerra contended that order cancellations recently started in consumer GPUs due to excess inventories, a slowdown in consumer demand and PC demand, and the Russia embargo. Gerra adds that while…
Why This Analyst Recommends AMD and These 3 Chip Stocks as His Favorite Semiconductor Plays
Despite supply chain challenges, an analyst at KeyBanc Capital Markets said he is constructive on the semiconductor cycle. Here’s why. Strong Demand Persists Fourth-quarter IC unit shipments increased 15 percent year-over-year, slower than the third quarter’s 15 percent growth but much faster than the five-year, fourth-quarter average of 9 percent, analyst John Vinh said in a…
Is Nvidia a Software Play? What This Analyst Sees as ‘Software-Only Monetization Opportunities’
Nvidia Corporation held its GTC 2022 earlier this month, where it announced a slew of products and services. An analyst at Wells Fargo Securities singled out the company’s pivot to software as a key takeaway. The Nvidia Analyst Aaron Rakers has an Overweight rating and a $370 price target for Nvidia shares, suggesting a roughly 33.6…
S&P Upgrades NVIDIA: Read Why
S&P Global Ratings upgraded NVIDIA Corp. to “A” from “A-” with a stable outlook. S&P sees NVIDIA’s sustainable competitive advantages and leading positions in end markets support continued above-semiconductor industry growth over the intermediate-term. S&P also raised all issue-level ratings on the company’s outstanding debt to ‘A’ and raised the short-term rating to ‘A-1’ from ‘A-2’. By Anusuya Lahiri ©…
Here’s How Goldman Sachs Views NVIDIA
Goldman Sachs analyst Toshiya Hari reinstated coverage of NVIDIA Corp. with a Neutral rating and a $245 price target, representing a 7 percent potential upside. The analyst continues to view NVIDIA as an industry leader in accelerated computing. He expects the proliferation of artificial intelligence and machine learning to drive earnings growth and a valuation multiple that exceeds…
Here’s Why Citi Is Still Bullish on Nvidia Despite Arm Deal Fall Out
Citi analyst Atif Malik reiterated a Buy rating on Nvidia Corp. with a $350 price target. The price target implies an upside of 41.5 percent. The re-rating follows Nvidia’s termination of the planned acquisition of SoftBank Group Corp.’s ARM Ltd. due to significant regulatory challenges to closing the deal. The Street largely expected that the deal would not win regulatory…
Peter Thiel Leaving Facebook Parent Meta; Biggest Chip Deal in History Has Collapsed | NTD Business
Peter Thiel, Silicon Valley billionaire and adviser to former President Donald Trump, is leaving the board of Facebook parent Meta. What could be next for him? Chipmaker Nvidia and Japan’s Softbank are calling off what would have been the biggest computer chip deal in history. Why did the deal collapse? The biggest day in advertising is…
Nvidia Terminates Planned $40 Billion Acquisition of UK Chip Designer Arm Due to ‘Significant Regulatory Challenges’
Nvidia’s planned acquisition of the UK-based chip designer Arm from SoftBank has collapsed due to “significant regulatory challenges,” the companies said in a joint release Tuesday. The cash-and-stock deal was originally announced in 2020 and had a value at the time of $40 billion. It planned to bring together Nvidia’s AI computing platform with Arm’s vast…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta