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Advanced Micro Devices Inc

Arm is trading at a premium to Nvidia after its IPO pop

by Edgar Davis
Arm is trading at a premium to Nvidia after its IPO pop

Arm’s Nasdaq debut on Thursday looks good for SoftBank, which just spun the company out after acquiring it in 2016. But it’s a head-scratcher for Wall Street. The UK-based chip …

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GlobalFoundries Singapore expansion

by Edgar Davis
GlobalFoundries Singapore expansion

A robotic arm moves 300 mm silicon semiconductor wafers inside a sorting machine in a cleanroom at a Globalfoundries Inc. semiconductor fabrication plant. Liesa Johannssen | Bloomberg | Getty Images …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders on the floor of the NYSE, Sept. 27, 2022. Source: NYSE Stock futures were little changed Friday morning. Dow Jones Industrial Average futures added 66 points, or 0.19%. Futures …

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Apple and Arm sign deal for chip technology that goes beyond 2040

by Walter Watson
Apple and Arm sign deal for chip technology that goes beyond 2040

Components manufactured by ARM Holdings Plc sit inside a demonstration ARMmbed parking meter on display on the second day of Mobile World Congress (MWC) in Barcelona, Spain, on Tuesday, Feb. …

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Google, Amazon, Nvidia, AMD, other tech giants invest in Hugging Face

by Edgar Davis
Google, Amazon, Nvidia, AMD, other tech giants invest in Hugging Face

The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Hugging Face, an AI firm based in New York, …

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Nvidia earnings scare away AMD, Intel investors as AI battle shapes up

by Edgar Davis
Nvidia earnings scare away AMD, Intel investors as AI battle shapes up

Justin Sullivan | Getty Images Developers in the world of artificial intelligence can’t get enough of Nvidia’s processors. Demand is so strong that the company said late Wednesday that revenue …

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Here are the 8 trades and 3 price-target changes we made during a busy week

by Akin Smith
Here are the 8 trades and 3 price-target changes we made during a busy week

Our portfolio experienced a flurry of adjustments in a week dominated by Nvidia’s (NVDA) quarterly results Wednesday evening and Federal Reserve Chairman Jerome Powell’s Jackson Hole address Friday. Here’s a …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Goldman Sachs recommends Johnson & Johnson spin-off despite underperformance Kenvnue, the Johnson & Johnson spin-off behind brands such as Tylenol, may be worth buying while cheap, Goldman Sachs said. “We …

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Nvidia blowout earnings report shows chipmaker grabbing all AI profits

by Edgar Davis
Nvidia blowout earnings report shows chipmaker grabbing all AI profits

Nvidia is on a tear, and it doesn’t seem to have an expiration date. Nvidia makes the graphics processors, or GPUs, that are needed to build AI applications like ChatGPT. …

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BofA names stocks with ‘triple momentum’

by Walter Watson
BofA names stocks with ‘triple momentum’

Analysts at Bank of America screened for “triple momentum” stocks based on their momentum in three areas: earnings, price and positive news. Earnings momentum refers to the change in consensus …

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