|Bid||244.3100 x 800|
|Ask||244.2800 x 1300|
|Day's range||241.0800 - 249.8800|
|52-week range||180.5800 - 292.7600|
|Beta (3Y Monthly)||2.05|
|PE ratio (TTM)||35.37|
|Earnings date||15 Nov 2018|
|Forward dividend & yield||0.60 (0.24%)|
|1y target est||298.27|
The first half was strong for Intel’s (INTC) DCG (Data Center Group). Demand outlook seems strong in the second half. Gartner estimates the worldwide public cloud computing market to grow 21.4% YoY (year-over-year) to $186.4 billion in 2018. The growth in cloud computing would drive demand for Intel’s high-performance Xeon Scalable server CPUs (central processing units).
Learning how to invest in stocks can be intimidating. Stock market beginners face many questions. How to buy stocks? When to sell? How to read charts? Here you'll find answers.
Stock indexes were mixed Monday afternoon, with the technology sector acting as a major drag and retail stocks mixed after weak September sales.
"Apple was moving so fast with the smartphone that it had to design its own chip to move that fast. This is what has happened to Tesla."
It used to be tough to find an ideal gaming laptop -- one that didn't feel like a sack of bricks and have awful battery life. It used to be impossible to find decent gaming notebooks for less than $1,000, but over the past few years PC makers have solved that puzzle. In general, you can expect gaming laptops under $1,000 to feel a bit cheaper than pricier options, and they won't feature the fastest hardware either.
NVIDIA's (NVDA) continued product launches in the computing segment, as well as increasing demand for its AI-driven graphics chips and technologies, are expected to aid the company.
Intel (INTC) is seeing a strong revenue uptick from its transition to the data-centric business. While the PC business is still the biggest contributor to Intel’s revenue and operating income, the data center business has the highest operating margin. The company has been looking to improve its profits by investing in product leadership of the fast-growing markets of AI, server, 5G, gaming PC CPUs (central processing units), and more.
The second round of 10% tariffs on $200 million in Chinese (FXI) goods, which went into effect on September 24, includes GPUs (graphics processing units). These tariffs could rise to 25% effective January 1, 2019, if no negotiations are resolved between the United States and China.
October started with a sharp drop in the stock markets as the Federal Reserve increased interest rates by 25 basis points to 2.25%. This was the highest interest rate level since 2008 when the Fed cut rates to near zero to tackle the recession. The stock market reacted after a few days as investors adjusted their financial models.
Stocks were fighting to stay positive Thursday after early losses. Hot IPO stock Square declined further off its high with a 5% fall.
Stock market futures fell sharply early Thursday, along with Apple, Square, AMD, Nvidia, Amazon and other top techs, signaling more losses after Wednesday's sell-off.
Wednesday’s selling pulled down the broader market indexes and most tech companies, but the chip stocks declined for their fifth straight day on Wednesday. The tech-heavy NASDAQ 100 index also tumbled 7%. NVIDIA (NVDA), Advanced Micro Devices (AMD), Broadcom (AVGO), and Marvell Technology (MRVL) were among the stocks that suffered the most during the sell-off. NVIDIA, AMD, Broadcom, and Marvell fell 7.5%, 8.2%, 5.3%, 5.9%, respectively.
The tech sector had its worst day since 2011 after the stocks of big technology players tumbled and sent market indexes to their lowest levels, according to the Wall Street Journal. NASDAQ reached its lowest mark in three months, while the S&P 500 fell for the fifth straight session. The Dow Jones Industrial Average Index plummeted more than 800 points, or 3.15%, on October 10. The S&P 500 fell 95 basis points, or 3.29%, while the Nasdaq Composite fell more than 300 points, or 4.08%.
The stock market has entered a period of increased volatility. Here's what Wall Street veterans say you should do.
Semiconductor stocks have also had a volatile year. These stocks have corrected significantly after trading at record highs earlier this year. The SMH VanEck Vectors Semiconductor ETF (SMH) has fallen 1.5% in 2018. Micron (MU) stock rose from $39.40 on February 5 to $62.62 on May 29. The stock has since declined 33.5% to $41.61. Micron stock has lost 8% this month, and it fell 1.6% yesterday. The 2019 forward price-to-earnings for Micron is 4.06x and 4.24x for 2020.
Top Wall Street investors point to rising rates and deteriorating trade talks between the U.S. and China as reason to stay away from tech, while others see the worsening sell-off as an attractive entry point.
The stock market sold off Wednesday. IPO stock Square fell over 7%, as its support at the 50-day line gave way.
Chip stocks are plunging this month as traders react to surging interest rates and concerns over a potential downturn for the semiconductor industry.