Advanced Micro Devices AMD (AMD) shares are looking at some serious technical trouble. The stock is trading lower by 4% as the worst performing stock in the Nasdaq 100, but that’s the least of its worries. Three days ago, shares of the semiconductor company formed a bearish pattern when their 20-day moving average crossed below […]
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Three Stocks: Super Micro Computer, AMD, and Tesla
Super Micro Computer Here we go! After a short spate of selling, shares of Super Micro Computer (SMCI) are on the run again after JPMorgan initiated coverage on the shares with an “Overweight” recommendation. The addition of JPMorgan to the Wall Street Analyst coverage of the stock represents the “Discovery” that I talk about in […]
Chinese Chip Wars Tank Intel Stock
The Chip War with China has been a game of chess between two superpowers. Last night, China made the latest move, and this morning, it’s taking a few big names down – namely Intel (INTC), AMD (AMD), and Microsoft (MSFT). Headlines splashed across my screen this morning that China is moving to implement guidelines that […]
Futures Rally on Nvidia Despite Fed Minutes and Debt Ceiling Worries
U.S.stocks fell for the second day in a row as negotiations over raising the debt ceiling continue to weigh on sentiment.The Dow Jones fell over 200 points along with the S&P 500 and Nasdaq following suit.We could see a nice rally off the back of strong earnings from Nvidia if any positive news comes out of debt-ceiling talks between Biden and McCarthy.
2023 Profit Roadmap: Top Stocks to Buy (and Avoid) for the New Year
2023 will be a year of flexibility when it comes to your investing and trading strategy.If you hold onto a single rigid system of making money, it’s likely the market will flip next week and what you’re used to isn’t the reality anymore.
How Money Morning is setting up for 2023...
Buy This Long-Term Tech Stock Right Now
Tech stocks have had a rough couple of months.While some were hit harder by the selloff than others, there's no denying that developing tech still presents a great opportunity that some benefit more from than others.
This Semiconductor Stock Could Hand You Gains of 120% or More
The global semiconductor industry is expected to be worth over $600 billion in 2022.While it’s still trumped by the $10 trillion farming industry and the $5 trillion oil and gas industry, nearly 80% of all food or fuel doesn’t come from a mere handful of manufacturers.That gives chip stocks a unique edge.
Why GlobalFoundries Stock Is Not a Buy After Its IPO
GlobalFoundries stock is going public on October 27 and will be listed on the Nasdaq under the ticker GFS.
The company is the self-proclaimed largest silicon wafer supplier that’s not dependent on China and Taiwan, but that doesn’t mean the business will be profitable.
AMD or Nvidia: Which Chip Stock Is the Best Buy?
AMD and Nvidia are two of the hottest chip stocks on the market.
But if you can only buy one, there’s a clear winner.
Both Advanced Micro Devices (Nasdaq: AMD) and Nvidia (Nasdaq: AMD) are growing at a quick pace in 2021, thanks to the chip shortage that began in 2020.
So far, Nvidia is up 70% year to date.
And AMD has gained 45% since May.
This shortage pushed the cost of semiconductors higher and, in turn, drove the share price these companies higher.
But which chip stock is the best buy?
Nvidia Stock Is a Buy Now as Bigger Gains Are Coming
It's unusual for an investor day to make much news.
But Nvidia's was a different thing altogether.
Nvidia stock is soaring now, and the biggest gains are still in the future.
Here's what has Wall Street so excited and why it's a buy now...