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Stock Market & Financial Investment News

News Breaks
June 23, 2014
12:06 EDTINTC, NVDA, AMDAMD, Nvidia retreat after analyst downgrades shares
Shares of computer chip makers AMD (AMD) and Nvidia (NVDA) are falling after research firm Pacific Crest downgraded the stocks, saying that they will be hurt by weak PC sales. WHAT'S NEW: The number of computers sold is likely to drop 5%-10% next quarter, due to weak consumer demand and excess inventory, motherboard makers said, according to Pacific Crest analyst Michael McConnell. About 45% of AMD's chips are incorporated into consumer desktops, while less than 5% of them are used in corporate PCs, McConnell stated. Additionally, notebook manufacturers reported that AMD is losing share to Intel (INTC) in notebooks that cost less than $399, the analyst stated. Meanwhile, Nvidia (NVDA) has significantly increased sales targets for its high end Quadro graphics processing units this quarter, even though the high-end desktop GPU market is oversupplied, McConnell reported. As a result, the inventories of Nvidia's customers may be too high at the end of this quarter, the analyst warned. He downgraded AMD and Nvidia to Underperform from Sector Perform and kept a $35 price target and Outperform rating on Intel. The latter company is better positioned as it has less exposure to desktop PCs and benefits more from strong corporate PC demand than AMD and Nvidia, the analyst explained. PRICE ACTION: In late morning trading, AMD sank 3.5% to $3.95 and Nvidia fell 1.8% to $18.59, while Intel shares were little changed at $30.17.
News For AMD;NVDA;INTC From The Last 14 Days
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August 27, 2015
06:19 EDTINTCIntel Capital invests over $60M in Yuneec Holding
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05:53 EDTINTC, NVDA, AMDIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
07:52 EDTNVDA, AMD, INTCUBS to hold a tour
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August 25, 2015
11:43 EDTINTCIntel management to meet with MKM Partners
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09:35 EDTINTCActive equity options trading on open
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07:35 EDTINTCIntel makes additional equity investment in BlueData
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August 24, 2015
06:34 EDTINTCIntel leads $100M funding round for Mirantis, WSJ reports
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06:22 EDTAMD, NVDATSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
August 23, 2015
14:23 EDTINTCApple, Micron shares look like bargains, Barron's says
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August 21, 2015
10:37 EDTINTCAnalysts upbeat on HP ahead of split after earnings beat
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08:54 EDTINTCIntel price target lowered to $25 from $32 at Baird
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August 20, 2015
16:00 EDTINTCOptions Update; August 20, 2015
iPath S&P 500 VIX Short-Term Futures up 1.49 to 17.70. Option volume leaders: AAPL BAC FB NFLX DIS INTC BABA MU
14:39 EDTINTCEarnings Watch: Hewlett-Packard reports ahead of company split
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10:00 EDTAMDAMD management to meet with Canaccord
Meeting to be held in Toronto on August 26 hosted by Canaccord.
August 19, 2015
06:14 EDTINTCIntel to launch contest show on Turner Broadcasting, WSJ reports
Intel (INTC) is making a foray into reality television by developing a contest show with Mark Burnett and Time Warner's (TWX) Turner Broadcasting unit, the Wall Street Journal reports. The program will be called "America's Greatest Makers" and will engage "do-it-yourselfers" who turn microchips and other components into devices and gadgets, competing for a $1M prize, the report says. The show is scheduled to appear on TV and other media channels in 2016, the report adds. Reference Link
August 18, 2015
18:30 EDTINTCChip makers advance after Analog Devices reports Q3 financial results
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13:35 EDTINTCMicrochip selects Intel technology to enhance Internet-of-Things security
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13:32 EDTINTCAtmel collaborates with Intel on Internet of Things applications
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August 14, 2015
10:13 EDTINTCAnalyst says Twitter CEO decision could come next week
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07:13 EDTINTCQualcomm outpacing Intel on technology, says JMP Securities
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