238.04 -0.87 (-0.36%)
After hours: 7:57PM EST
|Bid||237.65 x 300|
|Ask||238.49 x 100|
|Day's range||235.10 - 239.83|
|52-week range||95.17 - 239.83|
|PE ratio (TTM)||59.71|
|Earnings date||7 Feb 2018 - 12 Feb 2018|
|Forward dividend & yield||0.60 (0.26%)|
|1y target est||213.69|
Kids in college dorm rooms, and, increasingly, people’s teenage children are pumping up revenue for graphics chips to “mine” the Ether currency, as it skyrockets in value, writes Morgan Stanely analyst Joseph Moore, bringing both windfalls and peril for chip makers Advanced Micro Devices (AMD) and Nvidia (NVDA). In a note today that echoes one by Christopher Rolland of Susquehanna last week, Moore writes that the surge in Ether’s value in Q4, to a high of $1,200, boosted the appeal of GPUs sold by AMD and Nvidia, probably driving sales of the chips up by 50% from Q3’s level, he estimates. The rise in the price is driving “kids in dorm rooms” to load up on graphics cards, among others, he writes — helped by the fact college kids don’t pay for electricity, improving the payoff for running the math for Ether.
Shares of Advanced Micro Devices Inc. and Nvidia Corp. are up 2.4% and 1.5%, respectively, in Tuesday morning trading after Morgan Stanley analyst Joseph Moore penned an upbeat note about their cryptocurrency ...
Micron Technology (MU) increased its operating cash flow more than threefold in just one year. High cash flows helped the company increase its cash reserve from $4.3 billion in fiscal 1Q17 to $6.6 billion in fiscal 1Q18. The company’s priority in fiscal 2018 is to reduce its debt and become net cash positive, where cash reserves are higher than its long-term debt.
The big reveals at CES 2018 were geared toward artificial intelligence, virtual reality, augmented reality, and self-driving cars -- here are two companies well-positioned for these huge trends of the future.
Jim Cramer did a deep dive into the market's strongest sectors, including tech and the banks, to find the best investments in each space.
In 2017, Nvidia gained 74% contributing to Wayne Himelsein's 51% composite return last year. The algorithm doesn’t always sell big gainers. Netflix, which gained 53% last year is still in the portfolio. The key to Wayne’s success is to make these difficult decisions without emotion.
PC enthusiasts are suffering as digital currency miners drive up graphics card prices and cause big shortages again.
It's been a mixed start to 2018 for chip stocks. But, the group could reboot and see another year of growth, according to one stock analyst.