Markets

AMD leaps to its first record high in nearly 2 decades

Advanced Micro Devices rallied as much as 7.4% Thursday, hitting an intraday record high for the first time since June 5, 2000. The chipmaker’s surge follows a winning year, as AMD closed out 2019 as the best-performing stock in the S&P 500. The semiconductor company is positioned to jump in […]
AMD leaps to its first record high in nearly 2 decades
Markets

Nvidia is getting whacked as Trump’s tariff deadline draws near

Nvidia shares were under pressure Thursday as President Donald Trump’s deadline to raise tariffs on hundreds of billions of dollars worth of Chinese goods draws near. At 12:01 a.m. ET on Friday, tariffs on $US200 billion worth of Chinese goods will increase from 10% to 25%, and a fresh 25% […]
Nvidia is getting whacked as Trump’s tariff deadline draws near
Markets

NVIDIA: Our crypto business is dead and it’s never coming back

Nvidia warned on its second-quarter conference call that it won’t make money from cryptocurrency going forward. Nvidia’s actual crypto-specific revenue was lower than expected. The chipmaker cut its revenue guidance for the third quarter. Watch Nvidia trade in real time here. Nvidia‘s crypto business is dead and it’s never coming […]
NVIDIA: Our crypto business is dead and it’s never coming back
Markets

Nvidia just hit a record high

Shares of Nvidia climbed 1.8% Thursday morning to hit an all-time high of $US267.49, surpassing their previous record set earlier in June. Wall Street remains optimistic on the chipmaker, with a consensus target of $US277 – a roughly 4% upside. “We are bullish on NVDA’s outlook and see the company […]
Nvidia just hit a record high
Markets

Apple’s homegrown chip could wipe out up to $5.2 billion of Intel revenue

Apple is reportedly working on its own processors for its Mac computers, which could ship as soon as 2020, according to reports from Bloomberg. Apple’s in-house chips would replace Intel‘s chips, thereby wiping out billions of dollars in revenue, Wall Street analysts found. You can view Apple’s stock price and […]
Apple’s homegrown chip could wipe out up to $5.2 billion of Intel revenue
Markets

Qualcomm slips after management rebuffs Broadcom’s sweetened offer

Qualcomm‘s stock fell 1.31% at $US61.60 per share on Friday morning after it rejected a revised bid from Broadcom to buyout the firm. Broadcom has made several advances before. This time, Qualcomm said it was open to talks. View Qualcomm’s stock price in real time here. Shares of Qualcomm slipped […]
Qualcomm slips after management rebuffs Broadcom’s sweetened offer