Nvidia Stock Attempts Rebound As Bulls Pound The Table
Nvidia stock was rising early Wednesday as it continued to pare back some of its recent losses -- but more big swings could be ahead.Shares in the chip maker rose 1.4% to $110.31 in premarket trading, having closed the previous session up 1.7%. Futures tracking the benchmark S&P 500 index climbed 0.6%.Nvidia is down 17% over the past month through Tuesday's close, tumbling as investors have fretted that U.S. President Donald Trump's tariff plans will drag down growth and trigger a flare-up of inflation, both of which could weigh on chip sales. The White House would likely have to scale back its trade policies for the wild swings to end.Another factor that could impact shares is the Trump administration's push to boost semiconductor manufacturing in the U.S. Taiwan Semiconductor Manufacturing Co. has pitched Nvidia and rival chip designers Advanced Micro Devices and Broadcom the idea of taking stakes in a joint venture to operate Intel's factories, Reuters reported early Wednesday, citi
SummaryNvidia's exit from SoundHound AI has led to significant downward pressure on the stock, which remains overvalued despite recent declines.I maintain a 'sell' rating on SoundHound AI due to its e
"AMD expects total revenue in the first quarter of 2025 to be between US $6.8 billion and US $7.4 billion, compared with previous market expectations of US $7.04 billion, with a gross profit margin of 54%. Su Zifeng said in the post-earnings conference call that she believes the company will achieve "strong double-digit revenue growth and earnings per share growth" in 2025."
AMD Data Center Sales Miss Estimates in Sign of AI Slowdown
Results suggest the chipmaker is still lagging behind NvidiaCompany fares better in PC market, making gains on IntelAdvanced Micro Devices headquarters in Santa Clara, California.Advanced Micro Device