AMD Jun 2024 100.000 put
| Previous close | 0.3800 |
| Open | 0.4500 |
| Bid | 0.6000 |
| Ask | 0.6400 |
| Strike | 100.00 |
| Expiry date | 2024-06-21 |
| Day's range | 0.4300 - 0.6300 |
| Contract range | N/A |
| Volume | |
| Open interest | 11.65k |
- Yahoo Finance Video
Outside of AI, chip sector is 'not all that great': Analyst
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
- Yahoo Finance Video
AI investments will help chip sector to recover: Analyst
The semiconductor sector is undergoing a correction as interest rate cut expectations dwindle, prompting concerns about the impact on these high-growth, technology-driven stocks. Wedbush Enterprise Hardware Analyst Matt Bryson joins Yahoo Finance to discuss the dynamics shaping the chip industry. Bryson acknowledges that the rise of generative AI has been a significant driving force behind the recent success of chip stocks. While he believes that AI is shifting "the way technology works," he notes it will take time. Due to this, Bryson highlights that "significant investment" will continue to occur in the chip market, fueled by the growth of generative AI applications. However, Bryson cautions that as interest rates remain elevated, it could "weigh on consumer spending." Nevertheless, he expresses confidence that the AI revolution "changing the landscape for tech" will likely insulate the sector from the effect of high interest rates, as investors are unwilling to miss out on the "next technology" breakthrough. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
Investor's Business DailyStock Market Today: Dow Jones Holds Up, Techs Slammed After Israel Strike; Supermicro Flashes Sell Signal
Super Micro Computer flashed a sell signal in the stock market today after the AI bellwether crashed through a key support level.
