|Bid||11.37 x 100|
|Ask||11.43 x 400|
|Day's range||11.28 - 11.75|
|52-week range||8.26 - 15.65|
|PE ratio (TTM)||N/A|
|Earnings date||29 Jan 2018 - 2 Feb 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||14.34|
NVDA results were encouraging, Priceline (PCLN) and TripAdvisor (TRIP) disappointing, Intel (INTC) and Advanced Micro Devices (AMD) have are collaborating on graphics technology.
Intel (INTC) is going to be transformed by its push into chips for artificial intelligence, according to a report today by Deepak Sitaraman, who raised his rating on the stock to Buy from Neutral, as he assumes coverage of the stock from his predecessor, Yoko Yamada, who left the firm earlier in the year. Interestingly, Sitaraman also took over coverage of Intel competitor Nvidia (NVDA), and also boosted that stock to Buy from Neutral. Sitaraman has a $55 price target on Intel shares, and a $260 price target on Nvidia shares. "We see Intel as a beneficiary of the anticipated robust growth in Datacenter and Automotive end-markets driven by AI,” writes Sitaraman.
Advanced Micro Devices (AMD) needs investors to pay close attention to the stock based on moves in the options market lately.
As mentioned yesterday, this week sees tons of supercomputing types rushing to Boulder, Colorado, for the Supercomputing Conference taking place there, where multiple chip vendors are in attendance, including Nvidia (NVDA) and Advanced Micro Devices (AMD). Among those in attendance was Hans Mosesmann of Rosenblatt Securities, who today offers up his thoughts from observing booth traffic and chatting with people at the show. Among Mosesmann’s "high-level take-aways” are that AMD, and field-programmable gate array maker Xilinx (XLNX) "had the most activity of the semi booths we checked out." AMD had a “very busy booth,” he writes, for its “Epyc” server chip and its “Instinct” GPU chips.
Intel has generated $14.9 billion in cash from operations so far this year as of the end of 3Q17. That implies $1.3 billion more cash from operations YoY.
Chip designers like Advanced Micro Devices (AMD) are betting on innovation to help them to stand out in the competitive semiconductor industry.
AMD's revenues have consistently risen at a double-digit percentage rate YoY for the past four quarters. In 3Q17, revenues grew 26% YoY to $1.6 billion.
Intel’s (INTC) back on track, declares Barclays chip analyst Blayne Curtis today, reiterating his Overweight rating, and raising his price target to $55 from $45, with things like greater rigor around spending and the fading of competition from Advanced Micro Devices (AMD) making 2018 look bright. Intel stock today is up 20 cents at $45.78. The data center market has continued to grow, and operating profit in the business was 46% last quarter, he notes, which disproves some worries that more sales to cloud computing customers would crimp profits. Intel’s “Purley” processor will shine in data centers as "competitive threats (AMD and ARM) should fade,” he declares, without going into detail.
Morgan Stanley chip analyst Joseph Moore this morning reiterates an Equal Weight rating on shares of Advanced Micro Devices (AMD), writing that the market for graphics chips, or GPUs, that it sells, is likely to be cut in half in 2018 as it becomes less and less profitable to buy those cards for crypto currency “mining” efforts. The issue, as Moore sees it, is that the payoff is already declining for mining from what it was just six months ago, when there was a big spike in purchases of chips from AMD, and, to a lesser extent, from Nvidia (NVDA). Moore illustrates that with a table of the profit per GPU from mining the “ethereum” platform, which is a system of contracts a unit of currency called “Ethers": The next stage is that Ethereum has gone through, and is heading for more, “forks,” changes in the way the software works.
NVIDIA (NVDA) is seeing growing competition from Intel (INTC) and Advanced Micro Devices (AMD) but none of them has so far been able to beat the former in terms of technology.
The Zacks Analyst Blog Highlights: NVIDIA, Advanced Micro Devices, Intel and Texas Instruments
Nvidia, Advanced Micro Devices, Goldman Sachs, CME Group and CBOE are all Bitcoin-related plays to watch.
NVIDIA's new GeForce 1070 Ti graphics card fills out a broad competitive offering to counter its archrival in the short term.
CVS Health • CVS-NYSE Outperform • Price $66.80 on Nov. 6 by Raymond James For the big drugstore chain turned health-care company, we reiterate our Outperform rating and lower our price target to $80 from $90 following the release of third-quarter 2017 earnings, which came in at the high end of guidance. This represents a sequential decrease of 5.3%, versus the 4.1% decrease implied by the Baird proprietary benchmark.
Nvidia's gaming revenue in the latest quarter blew past Wall Street estimates but it was the data center business, the driver of future growth, that made analysts stand up and take notice as revenue in the unit more than doubled. Revenue from the data center business, Nvidia's second-biggest revenue contributor, rose to $501 million, beating analysts' estimate of $474.2 million, according to Thomson Reuters I/B/E/S.