Tag: Semiconductors
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Samsung manages to beat on earnings despite 84% drop in Q2 net profit
[ad_1] Samsung Electronics 005930, +1.29% posted above-consensus quarterly earnings despite an 84% drop in net profit for the second quarter, as the South Korean tech giant sees the memory-chip industry passing through a trough. The world’s largest manufacturer of memory chips, smartphones and televisions said Thursday that it expects global demand for technology products and…
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Nvidia estimates ‘may prove conservative’ as Microsoft, Google mentions of AI more than double
[ad_1] Microsoft Corp. and Alphabet Inc. mentioned “AI” so many times on their earnings conference calls that one bullish Nvidia Corp. analyst is beginning to think his above-consensus estimates may be too conservative. Jefferies analyst Mark Lipacis, who has a buy rating on Nvidia NVDA, -0.79%, noted that mentions of artificial intelligence on both Microsoft’s…
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Opinion: Ukraine’s membership in NATO is needed to keep critical technology from China
[ad_1] The future of Ukraine in the NATO alliance will prove critical to the balance of power in the Pacific and U.S. economic leadership around the world. Tensions within NATO on the embattled nation’s status were on full display at the Vilnius Summit last week. On the agenda was Ukrainian membership, an issue sidestepped by the United States,…
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Intel is showing improvements, but AI setup remains a ‘mixed story’: analyst
[ad_1] Intel Corp.’s upcoming earnings report could reflect recent improvements made by the company, but a Susquehanna Financial Group analyst still has questions about the chip company’s artificial-intelligence narrative. Susquehanna’s Christopher Rolland is encouraged by “improving dynamics” in the client and Chromebook markets that could help Intel INTC, +0.83% deliver second-quarter earnings within the top…
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Nvidia is showing shades of Apple and its stock could hit $625, says one new bull
[ad_1] Nvidia Corp. continues to rack up bullish endorsements as analysts contemplate the vast opportunities ahead for the leader in artificial-intelligence chips. Nvidia NVDA, +0.70% “is the obvious flagship AI company, whose decisions over the last two decades have positioned it for long-term benefits,” wrote Melius Research analyst Ben Reitzes, who initiated coverage of the…
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Some lesser-known AI plays are gaining steam with investors
[ad_1] Investors wanting to play the hot trend of artificial intelligence are looking beyond the most obvious names, according to data from Stocktwits, a social platform for investors and traders. While companies like Nvidia Corp. NVDA, -1.10%, Palantir Technologies Inc. PLTR, -2.03% and Microsoft Corp. MSFT, +0.75% have cemented themselves as AI players in the…