Previous close | 681.70 |
Open | 690.00 |
Bid | 756.00 |
Ask | 776.00 |
Strike | 290.00 |
Expiry date | 2026-01-16 |
Day's range | 681.70 - 690.00 |
Contract range | N/A |
Volume | |
Open interest | 6 |
The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD (AMD) a boost. In the video above, Morning Brief anchors Seana Smith and Brad Smith break down the action. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML, the latest brokerage to do so following weakness in the memory chip market and concerns over demand from Chinese chipmakers and Intel. MS followed UBS and Deutsche Bank in cutting estimates and reducing share price targets for ASML after the company's share price slid 30% in July and August. "Investors may have to wrestle with weakness not just with DRAM (memory chip market) but also with Intel ... and the growing concern that China semiconductor capacity overspend will slow as we look to 2026," MS analysts wrote.
We recently compiled a list of the 10 Buzzing AI Stocks According to Goldman Sachs. In this article, we are going to take a look at where ASML Holding N.V. (NASDAQ:ASML) stands against the other buzzing AI stocks. The Goldman Sachs Communacopia + Technology Conference 2024, held earlier this month, brought several significant updates on the […]