NXP Semiconductors NV
Forget AI chips: These traditional semiconductor stocks are set to soar 70%, says Morningstar
Morningstar has urged investors to shift their focus away from the much-hyped AI chip sector. Instead, the equity research firm highlighted four traditional semiconductor makers it considers undervalued, with two picks potentially offering more than 70% upside. Morningstar’s note comes amid a surge in demand for AI accelerators, particularly Nvidia ‘s graphics processing units (GPUs). […]
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Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and more
Check out the companies making headlines before the bell. Apple — Shares declined 1.4% after Jefferies downgraded the megacap tech company to hold from buy, saying near-term expectations for the iPhone 16 and 17 are too high after weaker-than-expected initial demand. Apple’s AI capabilities leading to an accelerated smartphone replacement cycle is a “premature” catalyst, […]
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Stocks making the biggest moves midday: Spotify, United Parcel Service, Pentair and more
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
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Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said […]
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Stocks making the biggest moves after hours: Cleveland-Cliffs, Nucor, NXP Semiconductors and more
Check out the companies making headlines in after-hours trading: Cleveland-Cliffs — The steel producer added 1.6%. Cleveland-Cliffs said it was lowering its outlook for capital expenditures and was on pace to hit its target for cost reductions. On the other hand, the company saw $5.09 billion in revenue for the second quarter, under the consensus […]
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TSMC-backed Vanguard and Dutch business NXP to develop $7.8 billion Singapore wafer plant
A worker moves a wafer lender at NXP semiconductors personal computer chip fabrication plant in Nijmegen, Netherlands March 14, 2024. Piroschka Van De Wouw | Reuters Taiwan Semiconductor Producing Co.-backed Vanguard Worldwide Semiconductor Corporation and Dutch chip designer and company NXP Semiconductors will develop a $7.8 billion wafer producing plant in Singapore. Vanguard will have 60% […]
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Stocks building the largest moves right after several hours: Paramount, NXP Semiconductors, Chegg, F5 and additional
Test out the firms earning headlines in after hours investing. Paramount World-wide — Shares rose less than 1% right after the parent of CBS television said its CEO Bob Bakish would action down and be changed by an “business office of the CEO.” The information comes as Paramount posted per-share earnings of 62 cents, topping […]
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Purchase these shares with substantial dividend advancement and free of charge dollars flow produce, Wolfe suggests
Investors preparing for an financial slowdown may well like dividend-spending shares, but they ought to be certain with their method, according to Wolfe Analysis. Dividend-having to pay names are normally viewed as safety all through downturns. The U.S. financial state is slowing, but economists are mixed on no matter if they feel there will be […]
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How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
Behind the scenes of every chipmaker, there’s a set of instructions that dictates how their products will function. Over the last three decades, Arm has become the dominant company making this chip architecture, and it powers nearly every smartphone today. Apple bases its custom silicon for iPhones and MacBooks on Arm, and now Nvidia and […]
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Morningstar suggests the semiconductor sector is undervalued — and names 4 stocks to buy
Semiconductors are wanting undervalued, many thanks to the selloff in some elements of the sector, in accordance to Morningstar. The study firm explained in a report produced on Oct. 11 that it sights semiconductor stocks as 15% undervalued on a median value or honest value estimate basis as of Oct. 3. That’s even extra undervalued […]
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