1. AMD's stock has significantly declined, with technical analysis indicating a very weak outlook across daily, weekly, and monthly charts, showing strong sell signals. 2. Short-term and intermediate-term analyses show negative indicators, including a death cross in moving averages and bearish crossovers in stochastics and MACD. 3. Despite some long-term support, the monthly analysis reveals significant downside risks, with bearish SMA crossovers and negative MACD and stochastics signals. Overall, AMD is rated a strong sell due to converging technical indicators suggesting major decline potential in the short and intermediate terms.
Recent #stock market news in the semiconductor industry
➀ Raspberry Pi Holdings PLC's IPO was a success, raising £179 million; ➁ Revenue soared 61% to $144 million in H1 2024; ➂ Profit jumped to 47% to $34.2 million
1. Intel's shares may surge due to Qualcomm's interest in a potential acquisition; 2. Intel's low valuation and strategic fit with Qualcomm's product portfolio make it an attractive target; 3. A merger would be transformative for Intel, but regulatory hurdles and the risk of no deal remain significant concerns.
➀ Apollo Global Management has offered to invest up to $5 billion in Intel; ➁ Apollo has already taken a $11 billion stake in Intel's Irish plant; ➂ Intel's share price has been negatively impacted by its efforts to restore leading-edge manufacturing in the US.
1. Wall Street indexes paused after a significant rally on Wednesday; 2. Core PPI came in hotter than expected, raising concerns about rate cuts; 3. Moderna shares plunged 17.8% due to lower-than-expected sales projections; 4. Nasdaq 100 shows potential for upward movement but faces technical hurdles.
➀ Huawei's performance dominates the stock market from late August to the end of the year, with significant impacts on related industries. ➁ In 2024, Huawei reported a 34.3% increase in sales revenue to 417.5 billion yuan, driven by strong smartphone sales and other tech products. ➂ Huawei's upcoming events include the Huawei HiSilicon Connect conference, featuring new technologies like StarFlash, and a series of product launches, including a revolutionary tri-fold smartphone.
➀ Jim Cramer highlights AMD's challenges in the tech sector, particularly in semiconductors, which don't benefit from rate cuts. ➁ He suggests mutual funds should shift towards companies that can boost earnings with lower rates. ➂ Cramer notes AMD's strong market position but warns of tough market conditions and the need for strategic adjustments.
1. Highlights recent dividend changes among Dividend Champions, Contenders, and Challengers. 2. Lists companies with upcoming ex-dividend dates. 3. Provides information on companies with upcoming dividend pay dates.
➀ Li Auto's chairman acknowledged the design issues of their upcoming pure electric vehicle, MEGA, and pledged to address them by 2025. ➁ The company plans to offer over 2000 supercharging stations to users at the time of delivery. ➂ Despite the negative publicity, Li Auto's stock experienced significant drops, and there were reports of large-scale cancellations of orders for MEGA.
➀ NVIDIA reported Q2 revenue of $30.04 billion, up 122% year-over-year. ➁ Data center revenue reached $26.3 billion, exceeding Q1's total revenue. ➂ Despite strong earnings, NVIDIA's stock fell over 8% post-earnings due to lower-than-expected Q3 guidance.
1. Nvidia reported strong Q2 earnings but experienced a growth slowdown, leading to a 5% drop in after-hours trading. 2. The data center segment drove significant revenue growth, but Nvidia's heavy reliance on this unit poses risks. 3. Gross margins declined sequentially, and the new $50 billion buyback authorization is unlikely to significantly impact Nvidia's share count.
1. The broad market has recovered from recent losses and reached a new all-time high, as measured by the S&P 500 Equal Weight Index. 2. The market-cap-based S&P 500 Index is not at an all-time high due to a rotation into value stocks. 3. Nvidia's upcoming earnings report is highly anticipated, but the stock's significant rise ahead of the report could lead to profit-taking if the results are not exceptionally positive.
1. NVIDIA is expected to beat and raise earnings by 15% to 20%, potentially unveiling a $30 to $50 billion buyback and raising the dividend. 2. The long-term outlook for NVIDIA continues to strengthen with analysts projecting significant sales and free cash flow growth. 3. NVIDIA is trading at a reasonable price with a PEG ratio of 0.95, suggesting it is not overvalued given its expected growth.
➀ Lip-Bu Tan, a prominent figure in the tech industry, has resigned from Intel's board of directors. ➁ Intel's stock fell by 6.1% following the announcement. ➂ The company is undergoing significant financial and organizational challenges, including layoffs of over 15,000 employees.
➀ Synopsys reported adjusted earnings of $3.43 per share on sales of $1.53 billion, surpassing analyst estimates. ➁ The company's earnings rose 27% year-over-year, while sales increased 13%. ➂ For the current quarter, Synopsys forecasted adjusted earnings of $3.30 per share on sales of $1.63 billion, exceeding Wall Street expectations.
➀ Nvidia's stock has surged nearly 30% in the last two weeks, adding roughly $750 billion to its market cap. ➁ This surge has also lifted the tech-heavy Nasdaq by more than 7% from its August 5 low. ➂ The company is set to report its second-quarter earnings next week, which could further impact the market.
➀ Fabrinet's Q4 2024 revenue reached $753 million, up from $656 million in the previous year. ➁ The company's GAAP net income for the quarter was $81.1 million, compared to $60.8 million last year. ➂ 800G and above rate products generated $259 million in revenue, a 54% increase year-over-year. ➃ The company expanded its share buyback program to $434.3 million. ➄ For Q1 2025, Fabrinet forecasts revenue between $760 million and $780 million.
1. Market complacency and low inflation expectations pose risks due to potential unforeseen economic disruptions. 2. Consumer weakness and labor market concerns signal elevated economic risks, with defensive stocks outperforming discretionary ones. 3. Despite these risks, high-quality companies continue to focus on shareholder value, making strategic buy-and-hold investments attractive.
➀ The US Department of Defense has reportedly removed Chinese LiDAR manufacturer Hesai Technology from its 'Chinese military companies' list. ➁ This decision led to a significant surge in Hesai's stock price on the US market. ➂ Hesai Technology has been involved in a legal battle challenging the basis of its inclusion on the list, arguing that its products are purely commercial and civilian.
1. The recent volatility in the stock market was largely driven by the Japanese carry trade. 2. Japan's stock market movements significantly influence U.S. stock openings. 3. Despite some unwinding of the carry trade, U.S. Treasury yields remain lower than a few weeks ago.