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The Latest Breaking News from Blayne Curtis

Broadcom, IBD Stock Of The Day, Showing Strength After Breakout

Broadcom is the IBD Stock Of The Day as shares of the fabless chipmaker and infrastructure software provider show strength in a turbulent market.

Investors Business Daily

Is Beaten-Down Intel Stock Finally a Buy?

Once a chip industry superstar, Intel now finds itself left behind as rivals race ahead. But is the beaten-down chip stock finally a buy after its latest earnings?

Barchart

Astera Labs Heads Skyward After Stellar Q3 Earnings Report

Astera Labs delivered a beat-and-raise third-quarter earnings report thanks to its heavy exposure to the artificial intelligence megatrend.

Investors Business Daily

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Broadcom Stock Rockets On AI-Fueled Q2 Beat, Stock Split

Broadcom stock gapped up on Thursday as investors reacted positively to the company's beat-and-raise earnings report and upcoming 10-for-1 stock split.

Investors Business Daily

Is Wall Street Bullish or Bearish on Advanced Micro Devices Stock?

With Advanced Micro Devices' above-market returns on a YTD basis, Wall Street analysts are optimistic about its prospects.

Barchart

Stock Market Today: Stocks Struggle Ahead of PPI, Powell Speech

While the main indexes were relatively quiet Monday, GameStop made a lot of noise as it reclaimed its meme-stock status.

Kiplinger

Broadcom, IBD Stock Of The Day, Nears Buy Point On AI Tailwind

Chipmaker Broadcom is Monday's IBD Stock Of The Day as it enjoys a tailwind from the artificial intelligence trend.

Investors Business Daily

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Chip Gear Maker Lam Research Toys With Buy Point

Lam Research is the IBD Stock Of The Day as the semiconductor equipment supplier flirts with a buy point.

Investors Business Daily

Intel's Planned Spinoff Is A Sign The Chipmaker Needs Cash

Intel's plan to separate its programmable chip business into a stand-alone company signals that the iconic chipmaker needs cash.

Investors Business Daily

Lam Research, IBD Stock Of The Day, Seen Getting AI Spending Boost

Lam Research is the IBD Stock Of The Day as investments in artificial intelligence are seen boosting sales of semiconductor equipment from Lam and others.

Investors Business Daily

AMD Aims To Take AI Chip Share From Nvidia With New Products

AMD stock rose Wednesday after Advanced Micro Devices unveiled its latest semiconductor and data center products optimized for artificial intelligence.

Investors Business Daily

These 2 Semiconductor Stocks Are Seen Gaining From AI, ChatGPT

Wall Street analysts are turning more positive on semiconductor stocks as some segments heat up, including graphics chips for AI.

Investors Business Daily

U.S. Export Restrictions Rock Semiconductor Equipment Stocks

The U.S.'s latest China trade restrictions have shaken chip gear makers, with Applied Materials the first to quantify the impact.

Investors Business Daily

Chip Gear Maker KLA Ups Dividend, Buybacks, Reaffirms June-Quarter Guidance

Semiconductor equipment maker KLA presented a reassuring outlook at its investor day event, but analysts remain cautious.

Investors Business Daily

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Benzinga

Benzinga's Daily Brief On Trending Tickers For March 31, 2022: Hasbro, Amazon, GameStop And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Benzinga

Key Takeaways From Barclays' AMD Downgrade

Barclays analyst Blayne Curtis downgraded Advanced Micro Devices Inc (NASDAQ:AMD) to Equal Weight from Overweight with a price target of $115, down from $148 (3.54% downside). The company's growth story needs a pause with cyclical risks looming in 2023, admitted Curtis. AMD remains positioned to gain market share in both the client and server markets…

Benzinga

Why Intel Shares Are Trading Lower Today

Intel Corp (NASDAQ:INTC) shared its 2022 and long-term growth strategy at its investor meet. After attending Intel's analyst day, BofA analyst Vivek Arya said the company "laid out an ambitious plan" to drive double EPS growth through 2026. He expects bulls to focus on its commitment to process leadership, large and growing total addressable markets,…

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