Nasdaq AMD

Nvidia (NASDAQ: NVDA)  stock surged by 24% in Thursday’s trading after the company posted a better-than-expected set of Q1 FY’24 results and provided Q2 revenue guidance that was well ahead of Street estimates. With the surge, Nvidia’s market cap is approac

When the pandemic forced Nvidia Corp to hold a major product launch virtually, CEO Jensen Huang beamed video to promote the event from his kitchen, where he pulled the company's latest chip out of his oven.

Nvidia NVDA joined the trillion-dollar market capitalization club this morning, as its shares have surged more than 180% this year. Last week, analysts scrambled to raise their estimates for the company after its revenue guidance

The company's pole position in AI is a decade-and-a-half in the making. Huang was born in Taiwan but moved to the United States as a child, earning engineering degrees at Oregon State University and Stanford University. In 1993 he founded Nvidia along with Curtis Priem and Chris Malachowsky, securing backing from Silicon Valley's Sequoia Capital and others.

Nvidia (NASDAQ: NVDA) is the best semiconductor stock performer year to date, but are there other chip companies that can also provide impressive returns? Check out the short video to learn more, consider subscribing, and click the special offer link below.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Advanced Micro Devices Inc (Symbol: AMD), where a total of 635,475 contracts have traded so far, representing approximately 63.5 million underlying shares. That amounts

Invesco’s semiconductor ETFs were among the best-performing ETFs last week. The Invesco PHLX Semiconductor ETF (SOXQ) and the Invesco Dynamic Semiconductors ETF (PSI) stood out for providing impressive gains last week as semiconductor stocks rallied. SOXQ climbed 11.6% while PSI climbed 9.2% during the week. Semiconductor stocks were lifted by NVIDIA Corporation (NVDA) reporting blockbuster first quarter earnings last [...] Read more at ETFtrends.com.

The Spear Alpha ETF SPRX topped the list of the best-performing U.S. equity ETFs in May, gaining 28.3%. The rally was driven by the hype surrounding artificial intelligence (AI) and investors’ flight to mega-cap tech stocks, which

Advanced Micro Devices (AMD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea's consumer electronics firm LG Electronics Inc to build chips that power smart TVs, automotive products and data centers.

Wall Street's main indexes were set to open higher on Tuesday as lawmakers tentatively agreed to raise the nation's debt limit to avert a default, while shares of Nvidia led a rally among chipmakers and AI-related firms.

The NASDAQ 100 Pre-Market Indicator is up 212.34 to 14,510.75. The total Pre-Market volume is currently 54,312,380 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +1.5 at $36.48, with 6,907,748 shares traded. Th

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks wit

U.S. stock index futures rose on Tuesday as lawmakers tentatively agreed to raise the nation's debt limit to avert a default, while shares of Nvidia led an early rally among chipmakers and AI-related firms.

U.S. stock index futures rose on Tuesday as lawmakers tentatively agreed to raise the debt limit to avert a default, while shares of Nvidia led an early rally among chipmakers and AI-related firms.

To say that animal spirits have returned to the semiconductor space would be an understatement. It seems like a long time ago now, but the sector actually struggled mightily in 2022. However, advances in artificial intelligence (AI), and the tantalizing long-term opportunity that this technology presents, have reignited investor enthusiasm for this sector of the market, as investors increasingly appreciate the fact that semiconductors are fueling the AI revolution. After Nvidia’s ( NASDAQ:NVDA ) blowout first-quarter earnings call (more on that later), sell-side analysts from Susquehanna called AI the “new gold rush” and hailed Nvidia as the company selling the picks and shovels for it. Nvidia is dominating the headlines right now, and rightfully so, but remember that there are also other chip stocks providing these AI "picks and shovels," including Marvell ( NASDAQ:MRVL ) and Advanced Micro Devices ( NASDAQ:AMD ). One way to invest in these picks-and-shovels plays collectively is with a concentrated semiconductor ETF like the Invesco PHLX Semiconductor ETF ( NASDAQ:SOXQ) . Therefore, let’s take a look at this semiconductor-centric ETF that gives investors significant exposure to these leading semiconductor companies. What is SOXQ ETF? SOXQ is a relatively small $128 million ETF from Invesco that invests in the PHLX Semiconductor Sector Index. The Index is designed to measure the performance of the 30 largest U.S.-listed semiconductor stocks; it encompasses all parts of the semiconductor supply chain, including companies "engaged in the design, distribution, manufacture and sale of semiconductors," according to Invesco ( NYSE:IVZ ). The index and fund are reconstituted on an annual basis and rebalanced quarterly.  With investor enthusiasm for AI and semiconductors surging, it’s perhaps unsurprising that SOXQ is up 42% year-to-date. The ETF only launched in 2021, so it doesn’t have much of a long-term track record. However, the PHLX Semiconductor Index itself has been around for a long time. As of the end of April, the index itself had a total return of 21.7% over the past three years. Over the past five and 10 years, the PHLX Semiconductor Index has posted similarly impressive total returns of 21.2% and 23.1%, respectively.  SOXQ also features a very reasonable expense ratio of just 0.19%. This means that an investor putting $10,000 into SOXQ would pay just $19 in fees over the first year. This expense ratio compares favorably to that of some of the most popular semiconductor ETFs on the market, like the iShares Semiconductor ETF ( NASDAQ:SOXX) and the VanEck Semiconductor ETF ( NASDAQ:SMH) , which both have expense ratios of 0.35%. Its also far cheaper than some of the notable AI-specific ETFs out there, like the Global X Robotics & Artificial Intelligence ETF ( NASDAQ:BOTZ) or the ARK Autonomous Technology & Robotics ETF ( BATS:ARKQ) , which have higher expense ratios of 0.69% and 0.75%, respectively. Investing in ETFs with low fees helps you to preserve the value of your portfolio over time. SOXQ's Holdings SOXQ is not particularly diversified -- it has only 31 holdings, and its top 10 holdings account for 64.5% of the fund. Nevertheless, if you’re looking for undiluted exposure to semiconductors and names like Nvidia, AMD, and Marvell, to name a few, this isn’t necessarily a problem. SOXQ gives investors significant exposure to these AI leaders. Nvidia is the fund's top holding, with an 11.2% weighting. At this point, even the most casual investor is likely aware of Nvidia’s day for the ages on Thursday when it reported blowout earnings. Nvidia, which had already more than doubled in price in 2023 and was one of the largest companies in the world by market cap, added almost $184 billion to its market cap in one day with a 24.4% gain, falling just shy of the largest single-day gain in market cap in history. Nvidia forecasted current quarter sales of approximately $11 billion, a 64% increase year over year, blowing out analyst estimates of $7.2 billion. CEO Jensen Huang says that generative AI applications like ChatGPT are driving demand for its chips, as these types of applications require substantial computing power. ChatGPT was only unveiled to the public last November, but it quickly became a sensation, hitting over 100 million users in just two months on its way to becoming the fastest-growing application of all time. The aforementioned Susquehanna analysts marveled at the fact that the virality of these applications is already translating into increased orders for Nvidia, calling it “unimaginable.” AMD isn’t far behind Nvidia, with a 10.8% weighting in SOXQ. AMD has its own lineup of AI chips, and analysts from Morgan Stanley ( NYSE:MS ) recently acknowledged that AMD's AI opportunity may be much more substantial than they initially forecasted. Analysts from the investment bank said that they initially expected AMD to have AI revenue of $100 million in 2024 but that they could generate as much as $400 million, or even $1.2 billion, in a bull case scenario. Beyond these two juggernauts, SOXQ is composed of a who’s who of other top semiconductor companies. Broadcom ( NASDAQ:AVGO ) is the third-largest holding with a 9.1% weighting. Texas Instruments ( NASDAQ:TXN ), which makes the analog chips that are crucial for all digital devices, comes in fourth with a 6.9% position. You’ll also find semiconductor fabricators like Taiwan Semiconductor ( NYSE:TSM ) and ASML Holding ( NASDAQ:ASML ), which are cornerstones of the semiconductor supply chain and manufacture chips for the likes of Nvidia and AMD. Lam Research ( NASDAQ:LRCX ), also represented here with a 4.3% weighting, makes and services equipment that is needed for the manufacturing of semiconductors. You can almost think of these types of companies as the picks-and-shovels providers to the picks-and-shovels providers. Lastly, the aforementioned Marvell makes up 4% of the fund. Marvell saw Nvidia's blowout results and historic gain on Thursday and said, "Hold my beer" when it reported earnings on Friday. In other words, shares of Marvell surged almost 30% for the day. On its call, Marvell broke out AI-related revenue and said that revenue from its AI business was $200 million last year. It expects AI revenue to double each of the next two fiscal years. Below, you can view S OXQ's top 10 holdings. What is the Price Target for SOXQ Stock? Analysts collectively view SOXQ as a Moderate Buy, but the average SOXQ stock price target of $28.87 implies upside potential of just 3.2% from current prices. This means that in the short term, SOXQ could be overbought (more on this later). Of the 442 analyst ratings on SOXQ, 68.1% are Buy ratings, 27.8% are Holds, and 4.1% are Sells.  Additionally, SOXQ has an impressive ETF Smart Score of 8. As this is an article about semiconductors and AI, it's only right to take a look at how quantitative, non-human models view SOXQ. The Smart Score is TipRanks’ proprietary quantitative stock scoring system that evaluates stocks on eight different market factors. The result is data-driven and does not require any human intervention. A Smart Score of 8 or above is the equivalent of an Outperform rating. Looking Ahead -- Take the Long-Term View In conclusion, SOXQ is a strong, low-cost way to get exposure to the picks-and-shovels plays that will continue to benefit from the AI megatrend. It's hard to argue that companies like Nvidia, AMD, and Marvell won't be key players in advancing this technology for years to come. In the short term, all of these stocks are making new 52-week highs, and it's likely that some of them will pull back at some point. On the other hand, I also wouldn't want to not have exposure to these names, as AI is clearly here to stay and is just getting started on disrupting many industries. Thus, my strategy (not financial advice) with an ETF like this would be to start a position now to get a foothold in this part of the market and then to dollar cost average over time on pullbacks on my way to building a full position. Disclosure

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks wit

Nvidia Corp said on Monday it was building Israel's most powerful artificial intelligence (AI) supercomputer to meet soaring customer demand for AI applications.

The recovery in the share prices of large  technology companies and the rally in top  chip stocks, including Nvidia ( NASDAQ:NVDA ) and Advanced Micro Devices ( NASDAQ:AMD ), have driven the Invesco QQQ Trust ( QQQ ) ETF ( Exchange-Traded fund) higher. Up about 31% year-to-date, QQQ recently crafted a new 52-week high of $349.24. Meanwhile, it has significantly outperformed the broader S&P 500 Index ( SPX ) by a wide margin. While QQQ has gained in value, analysts see further upside.  Lower valuation, significant cost-cutting measures, improving demand trends, and easing inflation have led to a recovery in tech stocks, pushing the QQQ ETF’s stock price higher. For instance, QQQ tracks the Nasdaq-100 index ( NDX ), and its  top five holdings, including Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Nvidia, Amazon ( NASDAQ:AMZN ), and Alphabet ( NASDAQ:GOOGL ) have delivered substantial gains in 2023. Refer to the image below for the weightage and performance of its top five holdings so far this year.  What’s the Prediction for QQQ ETF?  On TipRanks, the QQQ ETF has an  Outperform Smart Score of eight, suggesting it could continue to outperform the broader market averages. Moreover, the ETF has further upside potential based on the analysts' consensus view of nearly 2K ratings.  Per the recommendations of 1,719 analysts giving stock forecasts for the holdings of QQQ, the 12-month average  Invesco QQQ Trust ETF price target of $375.77 implies 7.85% upside potential from current levels. Also, the ETF sports a Moderate Buy consensus rating on TipRanks.  Among the analysts providing ratings on its holdings, 66.96% have given a Buy rating, 29.20% have assigned a Hold rating, and 3.84% have given a Sell rating. Bottom Line  QQQ offers exposure to the top tech stocks with diversification, thus reducing your overall risk. Meanwhile, its market-beating returns, analysts’ optimistic outlook, and low expense ratio make it an attractive tech-focused ETF.  While QQQ has registered significant gains this year, it has lagged behind this tech ETF.  Disclosure

Artificial intelligence has the potential to reshape a huge portion of the global economy. The game-changing technology could disrupt countless industries while creating new ones along the way.