Nvidia stock falls after earnings fail to change any minds

Nvidia Corp. can’t predict what will happen the rest of the year, and analysts on a whole disagree on what that means for the stock. After Nvidia reported an earnings beat Thursday afternoon but pointedly did not reiterate earlier annual guidance, analysts were split about what to do with that information Friday: Five dropped their price targets and seven increased […]

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Micron’s stock boosts chip rally after upgrade, analysts’ comments at CES

Chip-maker stocks finished higher Wednesday after one analyst upgraded Micron Technology Inc. and other analysts gave their roundups on other companies at the annual CES tech confab in Las Vegas. The PHLX Semiconductor Index SOX, +2.52% rallied 2.5% Wednesday, outpacing broader index gains as the Dow Jones Industrial Average DJIA, +0.39% and the S&P 500 SPX, +0.41% both advanced 0.4%, and the tech-heavy […]

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Intel stock closes above 50-day average as AMD plummets

Intel Corp. shares closed above a key technical level for the first time since mid-June as shares bounced back Tuesday while shares of up-and-coming rival Advanced Micro Devices Inc. sold off. Intel INTC, +3.55% shares led Dow Jones Industrial Average DJIA, +0.46% components higher with a 3.6% gain to close at $48.10, after reaching an intraday high of $48.88. The stock also […]

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Nvidia’s stock ends at record high as chip sector extends gains

Nvidia Corp. shares closed at a record Monday, leading the chip makers higher, tacking on gains from last week’s rally, even as some analysts questioned whether the sector was living on borrowed time. Nvidia NVDA, +2.97% shares surged 3% to finish at $289.36, after touching an intraday high of $292.06. The last time Nvidia closed at a record was $283.70 on […]

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Analysts are more bullish on Nvidia stock despite investor disappointment

Nvidia Corp.’s fiscal second-quarter results and outlook disappointed investors, but it made Wall Street analysts even more bullish, as they brushed aside the surprise drop in cryptocurrency-mining sales and the softer outlook. Some analysts even welcomed the reduced crypto-related focus, as it allowed them to zero in on the graphics-chip maker’s earnings and revenue beats, and upbeat outlooks on gaming, […]

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