Previous close | 35.04 |
Open | 35.13 |
Bid | 32.56 x 100 |
Ask | 36.12 x 100 |
Day's range | 34.18 - 35.13 |
52-week range | 26.86 - 51.28 |
Volume | |
Avg. volume | 48,670,312 |
Market cap | 145.585B |
Beta (5Y monthly) | 1.01 |
PE ratio (TTM) | 85.50 |
EPS (TTM) | 0.40 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 0.50 (1.46%) |
Ex-dividend date | 06 Feb 2024 |
1y target est | 44.50 |
Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other segments of the sector, such as automotive, data centers, PCs, and smartphones, "are not all that great," which could be contributing to the sector-wide pressure, in addition to the disappointing earnings from major players. Rasgon shifts the focus to the question of "the pace of the recovery," noting that the stocks have held up "remarkably" despite the revisions, suggesting this is "a delayed reaction." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
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As part of a push by the International Olympic Committee to embrace artificial intelligence (AI) in Paris, the Games' broadcaster is stepping up its use of the technology -- but not without concerns about the risk of "deepfakes". Olympic Broadcasting Services (OBS), which produces the live television, radio and digital coverage of the Olympic and Paralympic Games that is then sold to clients, first began using AI at the PyeongChang Winter Games in 2018. "In Paris we will take this to a completely different level," Yiannis Exarchos, OBS chief executive, told Reuters at an event in London on Friday to discuss the role AI will play at the Paris 2024 Games.