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The Latest Breaking News from Harlan Sur

Analysts overhaul Micron stock price targets after earnings, outlook

Micron shares have lost nearly a third of their value since printing a record high close in June.

The Street

Broadcom Likely For Upside Backed By AI Pipeline, Market Recovery, VMWare Synergy: Analyst

JP Morgan analyst maintains Overweight rating on Broadcom Inc with price target of $210. Expects better than expected earnings and growth in AI products, with strong demand and revenue opportunities.

Benzinga

Nvidia Guidance Called Conservative As Blackwell AI Chip Production Ramps

Nvidia stock wavered Thursday as investors considered quibbles with the AI chipmaker's beat-and-raise earnings report.

Investors Business Daily

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Up 160% in 3 Months, Is It Too Late to Buy Astera Labs Stock?

Breakout semiconductor stock ALAB has more than doubled in just a few months.

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

This Billionaire is Buying Nvidia Stock With Both Hands, Should You?

With this billionaire making bold moves on Nvidia, should investors consider buying the dip in NVDA after earnings?

Barchart

Broadcom, IBD Stock Of The Day, Nabs Two New AI Chip Customers

Broadcom is the IBD Stock Of The Day as shares of the chipmaker and infrastructure software provider near a formal buy point.

Investors Business Daily

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Broadcom Likely To Keep Custom AI Chip Lead Thanks To Incumbency

Broadcom stock has risen because of its status as the top maker of application-specific integrated circuits, or ASICs, for AI jobs.

Investors Business Daily

Analysts revise Micron stock price targets after earnings

Micron's latest earnings report delivered mixed messages.

The Street

Can Broadcom Stock Hit $2,000 Per Share?

Broadcom is a mega-cap tech stock that is firing on all cylinders, and remains a top investment choice in June 2024 due to its diversified business lines and portfolio of AI products.

Barchart

Chip Gear Vendor KLA Tops March-Quarter Views As Business Stabilizes

Semiconductor equipment vendor KLA beat estimates for its fiscal Q3 and guided higher than views for the current quarter.

Investors Business Daily

Recent IPO Astera Labs Gets Bullish Analyst Coverage

Recent IPO Astera Labs nabbed a bunch of buy ratings on Monday as Wall Street analysts initiated coverage of the chipmaker.

Investors Business Daily

High Hopes For Synopsys Stock As AI Spotlights Chip Design

Analysts say Synopsys stock will benefit from the increased complexity of semiconductors amid the rise of artificial intelligence.

Investors Business Daily

Broadcom Stock Rallies After Tech Firm Gains New AI Chip Customer

Broadcom stock surged Thursday on news that the company had gained a new AI chip customer.

Investors Business Daily

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Investors Business Daily

Nvidia Is A Step Or Two Ahead Of AI Chip Rivals: Analyst

Nvidia wowed Wall Street with the breadth and depth of its artificial intelligence technologies announced late Monday.

Investors Business Daily

PC, Smartphone Rebound To Drive Chip Sales In 2024

Semiconductor stocks have rallied ahead of an expected rebound in overall chip sales in 2024.

Investors Business Daily

Semiconductor Stocks Led By AMD, Intel, Nvidia Get Boost From Wall Street Analyst

Semiconductor stocks are rocking as investors buy into excitement over artificial intelligence and other market drivers.

The Street

Intel Stock Slides As JPMorgan Resumes Coverage With 'Underweight' Rating

JPMorgan analyst Harlan Sur said it will take Intel "several years" to reclaim its leadership position in the chip market.

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Benzinga

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

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