Shares of semiconductor stocks are trading lower following soft guidance from ASML.
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Semiconductors
Technology
Shares of semiconductor stocks are trading lower following soft guidance from ASML.
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/31/2024 | $760.00 → $725.00 | Hold | TD Cowen | |
| 10/31/2024 | $750.00 → $850.00 | Perform → Outperform | Oppenheimer | |
| 10/30/2024 | $210.00 → $185.00 | Buy | TD Cowen | |
| 10/28/2024 | $148.00 | Buy | China Renaissance | |
| 10/18/2024 | $165.00 → $190.00 | Buy | BofA Securities | |
| 10/14/2024 | $190.00 → $220.00 | Outperform | Mizuho | |
| 10/11/2024 | $135.00 → $150.00 | Buy | Goldman | |
| 9/26/2024 | $115.00 → $135.00 | Buy | TD Cowen |
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com
BOISE, Idaho, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on Jan. 16, 2025. The Board has unanimously approved the appointment of Micron's President and CEO, Sanjay Mehrotra, to serve as Board Chair and Lynn Dugle as Lead Independent Director following the annual shareholders meeting. Switz joined Micron's Board of Directors in 2006 and was named Chair in 2012. With broad experience, a clear-headed approach and exceptional business acumen, Switz has been a leading voice in driving strong governance and the company's successful strategy. Throughout his
Leading tech companies to collaborate on architectural interoperability and simplify software development across the ecosystem; luminaries Linus Torvalds and Tim Sweeney join founding members Broadcom, Dell, Google, Hewlett Packard Enterprise, HP Inc., Lenovo, Meta, Microsoft, Oracle, and Red Hat. Intel Corp. (INTC) and AMD (NASDAQ:AMD) today announced the creation of an x86 ecosystem advisory group bringing together technology leaders to shape the future of the world's most widely used computing architecture. x86 is uniquely positioned to meet customers' emerging needs by delivering superior performance and seamless interoperability across hardware and software platforms. The group will f
10-Q - KLA CORP (0000319201) (Filer)
10-Q - ADVANCED MICRO DEVICES INC (0000002488) (Filer)
8-K - MICRON TECHNOLOGY INC (0000723125) (Filer)
SANTA CLARA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- NVIDIA will host a conference call on Wednesday, November 20, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the third quarter of fiscal year 2025, which ended October 27, 2024. The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company's prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors. Ahead of the call, NVIDIA will provide written commentary on its third-quarter results from its chief financial officer, Colette Kress. This material will be posted to investor.nvidia.com im
Total revenues were $2.84 billion, above the midpoint of the guidance range of $2.75 billion +/- $150 million;GAAP diluted EPS was $7.01 and non-GAAP diluted EPS was $7.33, both of which were near the upper end of the respective guidance ranges;Cash flow from operating activities for the quarter and last twelve months were $995.2 million and $3.42 billion, respectively, and free cash flow was $934.8 million and $3.15 billion, respectively; andCapital returns for the quarter and last twelve months were $765.5 million and $2.64 billion, respectively.MILPITAS, Calif., Oct. 30, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ:KLAC) today announced financial and operating results for its first quarte
SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. "We delivered strong third quarter financial results with record revenue led by higher sales of EPYC and Instinct data center products and robust demand for our Ryzen PC processors," said AMD Chair and CEO Dr. Lisa Su. "Looking forward, we see significant growth opportunities a
To gain an edge, this is what you need to know today. GDP Brings Buying Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ. The drop in QQQ was triggered by speculative sentiment pulling back. As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold. Oversold markets tend to bounce. The chart shows that the volume was low on the selloff. This indicates a lack of conviction in selling. Especially hard hit in
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis: SPDR S&P 500 ETF Trust The SPY (
Deep-pocketed investors have adopted a bearish approach towards KLA (NASDAQ:KLAC), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in KLAC usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for KLA. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 25% leaning bullish and 62% bearish. Among these notable options, 6 are puts, tot
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com
SANTA CLARA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2024 financial results on Thursday, Nov. 14, 2024, at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables cu
KAWASAKI, Japan and SANTA CLARA, Calif., Oct. 31, 2024 /PRNewswire/ -- Fujitsu and AMD (NASDAQ:AMD) today announced that they have signed a memorandum of understanding (MOU) to form a strategic partnership to create computing platforms for AI and high-performance computing (HPC). The partnership, encompassing all aspects from technology development to commercialization, will seek to facilitate the creation of open source and energy efficient platforms comprised of advanced processors with superior power performance and highly flexible AI/HPC software and aims to accelerate open-source AI and/or HPC initiatives. Due to the rapid spread of AI, including generative AI, cloud service providers
SC 13D/A - AMKOR TECHNOLOGY, INC. (0001047127) (Subject)
SC 13G/A - KLA CORP (0000319201) (Subject)
SC 13G/A - Broadcom Inc. (0001730168) (Subject)
TD Cowen reiterated coverage of KLA Corporation with a rating of Hold and set a new price target of $725.00 from $760.00 previously
Oppenheimer upgraded KLA Corporation from Perform to Outperform and set a new price target of $850.00 from $750.00 previously
TD Cowen reiterated coverage of Advanced Micro Devices with a rating of Buy and set a new price target of $185.00 from $210.00 previously
4 - LAM RESEARCH CORP (0000707549) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - Marvell Technology, Inc. (0001835632) (Issuer)
4 - Marvell Technology, Inc. (0001835632) (Issuer)
4 - Marvell Technology, Inc. (0001835632) (Issuer)
4 - Broadcom Inc. (0001730168) (Issuer)