Cramer says he’s not ready to take profits in Nvidia, sees stock at $10 trillion one day

CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. Cramer told “Fast Money Halftime Report” he believes that Nvidia could be a $10 trillion stock one day. Shares soared 145% year-to-date … Read more

AMD shares jump after company wins Meta partnership, announces new chips

Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), presents the AMD Ryzen 4000 series chip during an AMD press event at CES 2020 in Las Vegas, Nevada, U.S., on Monday, Jan. 6, 2020. Bridget Bennett | Bloomberg | Getty Images AMD shares jumped more than 10% Monday after the company … Read more

Wall Street analysts say these are the best-of-breed stocks to bet on heading into earnings

Shoppers at a Target store in New York. Scott Mlyn | CNBC Earnings season is ramping up in the week ahead and while the numbers are coming in much better than expected, there are lingering concerns about rising costs and supply chain issues. Analysts say investors should rest easy with these industry standouts. Source link

Inside TSMC, the Taiwanese chipmaking giant that’s building a new plant in Phoenix

As the world grapples with an ongoing chip shortage, a quiet giant among chipmakers has committed to investing $100 billion over three years to ramp up production. Taiwan Semiconductor Manufacturing Company may not be a household name, but with a market value of over $550 billion, it’s one of the world’s 10 most valuable companies. … Read more

Semiconductor chip shortage could extend through 2022, Marvell CEO says

Narumon Bowonkitwanchai | Moment | Getty Images The semiconductor chip shortage that is hamstringing the production of products ranging from cars and computers to appliances and toothbrushes will extend into 2022 and potentially beyond that, the CEO of semiconductor company Marvell Technology said. “Right now, every single end market for semiconductors is up simultaneously; I’ve … Read more

Wall Street analysts name their favorite stocks going into the fourth quarter

Bank of America is favoring tech and consumer stocks going into the final three months of the year. Source link

Stocks making the biggest moves midday: Microsoft, Applied Materials, Moderna and more

Internet company Microsoft’s China office building is seen in Shanghai, China, Dec. 8, 2020. Costfoto | Barcroft Media | Getty Images Check out the companies making headlines in midday trading. Tech stocks — Tech stocks dropped as the benchmark 10-year Treasury yield touched a high of 1.567% Tuesday. Twitter fell 4.7%, Microsoft and Google lost … Read more

Google reportedly plans to put its own chips in Chromebook laptops from 2023

Sundar Pichai, senior vice president for Chrome at Google Inc., holds up a new Chromebook Pixel as he speaks during a launch event in San Francisco, California, U.S., on Thursday, Feb. 21, 2013. Google Inc., owner of the world’s most popular search engine, debuted a touchscreen version of the Chromebook laptop, stepping up its challenge … Read more

Stock futures are flat as investors await more jobs data

Traders on the floor of the New York Stock Exchange. Source: NYSE Futures contracts tied to the major U.S. equity indexes were little changed at the start of the overnight session Wednesday evening as Wall Street looked to improve upon a mixed week. Dow futures rose 12 points, while S&P 500 and Nasdaq 100 futures … Read more