Previous close | 118.58 |
Open | 0.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 0.00 - 0.00 |
52-week range | |
Volume | |
Avg. volume | 345,368 |
Market cap | 203.388B |
Beta (5Y monthly) | 1.94 |
PE ratio (TTM) | 601.43 |
EPS (TTM) | 0.21 |
Earnings date | 31 Jul 2023 - 04 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Artificial intelligence has the potential to reshape a huge portion of the global economy. With the AI gold rush underway, the businesses that supply the picks and shovels required to harness the power of this cutting-edge tech stand to profit handsomely. Fellow chipmaker Nvidia (NASDAQ: NVDA) has garnered much of the headlines for its AI prowess.
Nvidia (NASDAQ: NVDA) dazzled the stock market on Wednesday, posting better-than-expected results in its first-quarter earnings report and offering eye-popping guidance for the second quarter. Here, Nvidia did not disappoint. Data center revenue rose 14% from the previous year and 18% from the previous quarter to a record $4.28 billion, and Nvidia's management forecast accelerating demand for AI capabilities.
The chipmaker has a bright future, but some experts worry it has fallen behind the competition in AI.
Server shipments are an important market for semiconductor companies, but the current forecast might spell trouble.
Make no mistake, Nvidia has captured the imagination of Wall Street.
Shares of Advanced Micro Devices (NASDAQ: AMD) were rising this week as the chipmaker picked up some tailwinds from NVIDIA's (NASDAQ: NVDA) blowout guidance in its earnings report on Wednesday. As a result, the stock was up 13.7% for the week as of Thursday's close, according to data from S&P Global Market Intelligence. Nearly all of AMD's gains came on Thursday in response to NVIDIA's earnings report.
Nvidia (NASDAQ: NVDA) has been a massive winner thanks to the AI trend, but why are companies like Advanced Micro Devices (NASDAQ: AMD) not getting the same stock returns? Want to learn more about why Nvidia is leading the way? Check out the short video to learn more, consider subscribing, and click the special offer link below.
Yahoo Finance Live's Akiko Fujita and Seana Smith discuss Nvidia stock soaring amid the company's earnings report, other chip stocks, and AI development.
Advanced Micro Devices (AMD) launches its new Ryzen processors and Radeon graphics card, bolstering its product portfolio and customer base.
Shares of Nvidia ripped higher Thursday, as the company rides the AI wave.
Another subject that has been attracting quite a bit of attention in recent weeks and months is the current state of artificial intelligence (AI) and recent advancements in generative AI. With that as a backdrop, Advanced Micro Devices (NASDAQ: AMD) surged 10.1% and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) climbed 2.9%, while C3.ai (NYSE: AI) fell 2.1% as of 12:26 p.m. ET on Thursday. A check of all the usual suspects -- regulatory filings, earnings results, and changes to analysts' price targets -- turned up nothing in the way of company-specific news driving these AI stocks higher.
Investing.com -- Stocks are mixed on Thursday as tech gets a boost from Nvidia's strong outlook while Dow stocks are weaker on a lack of resolution in the debt ceiling negotiations. Here are the market movers for May 25.
Nvidia cements its market darling status after a blowout quarter and outlook.
After years of soaring prices for graphics cards, driven by pandemic-era demand and a cryptocurrency bubble, affordability is making a comeback. Nvidia (NASDAQ: NVDA) will launch its $299 RTX 4060 in July, a discount to the $329 launch price of its last-gen RTX 3060, and Advanced Micro Devices (NASDAQ: AMD) has the $269 RX 7600 ready to go. Nvidia's pricier RTX 4060 Ti has been reviewed, and it edges out its last-gen counterpart in rasterization performance by about 10% overall, according to Tom's Hardware.
It wasn't too long ago that a shortage of graphics cards pushed prices into the stratosphere. Graphics cards are widely available, prices have come back down to earth, and Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are duking it out on price. AMD unveiled the $269 RX 7600 graphics card on Wednesday, just one day before the product was set to go on sale.
Investing.com -- Shares of major Asian Nvidia Corp (NASDAQ:NVDA) suppliers rose sharply on Thursday, tracking an overnight rally in the graphics card maker on strong first-quarter results and a positive outlook on chip demand amid growing interest in artificial intelligence.
Nvidia beat analysts' expectations in Q1 on the strength of its data center business.
Artificial intelligence (AI) has triggered a frenzy among investors in 2023. Cathie Wood's Ark Investment Management, on the other hand, places that number at a whopping $200 trillion. Investors who believe in the future of AI might want to consider capturing that boom in their portfolios, but separating the quality opportunities from the hype isn't easy.
These companies are leading the way in two high-growth areas of tech and likely to post substantial long-term gains.
Shares in luxury goods company LVMH declined on Wednesday as investors are concerned that a softening US economy will dampen demand.
As a leading chipmaker, Advanced Micro Devices (NASDAQ: AMD) has become a company to watch as its hardware becomes crucial to the development of multiple high-growth industries. For instance, AMD has consistently stolen central processing unit (CPU) market share from Intel over the years.
Nvidia has been the Wall Street darling stock of 2023.
Nvidia Corp on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and Advanced Micro Devices Inc. Nvidia is the world's top maker of graphics processing units (GPUs), which are in high demand because they can be used to speed up artificial intelligence work. OpenAI's ChatGPT, for example, was created with thousands of Nvidia GPUs.
Advanced Micro Devices' (NASDAQ: AMD) stock price has soared since it reached a two-year low last October. It has since reversed course thanks to growing interest in artificial intelligence (AI). The question investors need to ask now is: With the recent run-up, has AMD's price risen too fast, or can I still profit from the stock at these levels?