|Day's range||38.25 - 39.60|
Goldman makes a big markets call based on the rising popularity of AI stocks.
The stock market as a whole had a pretty quiet month in May 2023. Cloud-based AI needs network security, where Cloudflare is a leader. Before we dive into what moved this trio of AI stocks higher in May, it should be noted that Cloudflare started from an unusually low level.
Tesla shares have gained nearly 30% in the past month as it approaches its next earnings release.
Artifical intelligence (AI) is all the rage right now, and the chipmaker is in the spotlight because of it.
Until recently, Intel's (NASDAQ: INTC) Arc graphics cards received little interest from board partners. Intel sells its own "Limited Edition" versions, and there are some models from AsRock and Acer available. Historically, graphics card giants Nvidia and AMD have relied on board partners to bring graphics cards built around their GPUs to market.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
It's time to call out some trends to watch in the stock market before hitting the surf and sand.
Most readers would already be aware that Advanced Micro Devices' (NASDAQ:AMD) stock increased significantly by 44% over...
Uncover the stocks that are paving the way for the future of the internet. Don't get left behind when the Web3 revolution catches fire.
Get a comprehensive view of the future of investing in AI, through the lens of three industry leaders.
Advanced Micro Devices (NASDAQ: AMD) has caught the attention of Wall Street this year, with its stock up 82% since Jan. 1. Investors have rallied as the company's potential in the future of artificial intelligence (AI) has strengthened. Here are three things about AMD that smart investors know.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
IFNNY vs. AMD: Which Stock Is the Better Value Option?
FormFactor (FORM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The tech-heavy Nasdaq Composite Index wrapped up a historic month, outperforming the Dow Jones by the widest margin since October 2001.
In fact, the S&P 500 only advanced by a quarter of a percentage point in May. For a handful of technology stocks, however, May was a bullish blowout. Are the S&P 500's biggest winners from last month still worth buying at their newly inflated price?
These phenomenal businesses have the tools and intangibles to make patient shareholders a lot richer.
Fool.com contributor and finance professor Parkev Tatevosian compares Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) to answer which AI stock is the best one to buy now. *Stock prices used were the afternoon prices of May 30, 2023.
Advanced Micro (AMD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The cloud market has had its share of attention in recent years, with the COVID-19 pandemic bolstering the sector as thousands of companies moved to hybrid working styles. As a result, cloud giants enjoyed several quarters of winning over investors with double-digit revenue growth from their cloud platforms. Last year's economic headwinds have since slowed cloud growth for many companies as rising inflation forced businesses to trim cloud budgets.
Nvidia just announced its Grace CPU is in full production, a product that may compete against Advanced Micro Devices.
Revenue for the video games market is projected to hit $385 billion this year and continue expanding at a compound annual rate of 8% through 2027, according to the forecasters at Statista. While its growth may not be as significant as other tech markets like artificial intelligence (AI) or cloud computing, there's a never-ending supply of new video games, and the market for them has grown consistently over the long term. Adding a video gaming stock to your holdings can be an excellent way to instill stability in your portfolio, and there's no better time than the present to do so.
These companies have exciting developments on the way, with promising outlooks in AI and virtual/augmented reality.
Shares of semiconductor giants Advanced Micro Devices (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Dell Technologies (NYSE: DELL) were all falling on Wednesday, down 5.2%, 3.7%, and 5.3%, respectively, as of 3:42 p.m. ET. None of these three companies had any company-specific news today, but one -- or actually, two -- of their main rivals reported earnings last night, casting a pall over any chip stock leveraged to the PC or server markets. Yesterday, both HP Inc. (NYSE: HPQ) and Hewlett Packard Enterprise (NYSE: HPE) reported earnings that disappointed.
The world has gone crazy over generative artificial intelligence (AI), and we have Nvidia's (NASDAQ: NVDA) financial outlook for the ages to thank for it. Fueled by rising demand for generative AI services like ChatGPT, Nvidia said its quarterly revenue is poised to skyrocket from $7.2 billion last quarter (the three months ended in April 2023) to $11 billion next quarter, and sustain at a similar level for the rest of this year. Growth like this from a company of such size is incredibly rare, and Nvidia is keeping its foot on the gas.