Page 16 - Stacy Rasgon News Today

Already positive, the research from Bernstein and its analyst Stacy Rasgon still consider the stock as a Buy opportunity. The target price has been raised from USD 675 to USD 700.

Demand for Nvidia’s graphics processing units has been exceeding supply, thanks to the rise of generative artificial intelligence.

Some investment banks see the AI chipmaker's shares climbing as high as $700.

Artificial intelligence chip leader Nvidia will likely deliver yet another blockbuster revenue forecast on Tuesday. But the real focus will be on whether widening U.S. curbs on sales of its high-end...

The results will also be a major test for the AI-powered rally that has helped drive up the US stock market this year, with the Philadelphia semiconductor index up nearly 50% in 2023.

The Biden administration last month banned China sales of the H800 and A800 chips that Nvidia had created after previous curbs on exports to the country. China is the companys third-largest market and accounts for more than one-fifth of its revenue.

AMAT earnings call for the period ending September 30, 2023.

Shares from the European semiconductor sector were unable to keep up with the continuing good market environment on Friday. While the Dax continued its recent rally with a rise of 0.6 percent,...

Operator: Welcome to the Applied Materials Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

An increasing number of people in Singapore are creating computer code, underscoring years of government efforts to boost programming expertise to support the nation’s place as a digital hub.