Nasdaq NVDA Nvidia

Taiwan's export orders fell for the tenth consecutive month in June, as weak China demand, inflation, and high interest rates continued to offset surging demand for the island's artificial intelligence (AI) supply chain.

Semiconductor giant Intel ( NASDAQ:INTC ) is currently undergoing a restructuring plan that holds considerable implications for the long term. When reflecting on past events, it is worth noting that its competitor, Nvidia ( NASDAQ:NVDA ), has seen its stock more than triple in value since I emphasized its plans for new chip production in November 2022. This begs the question: can Intel stock potentially yield similar high returns for investors? In my opinion, Intel is poised to benefit from the AI boom in the long run. While the benefits may take some time to materialize, they are expected to deliver significant value to investors over a long-term investment horizon. Importantly, the stock is currently trading at much lower levels compared to its all-time high of $69.29 seen in early 2020. Further, I believe the current stock price offers an attractive entry point for long-term investors. AI Opportunity and Related CapEx to Act as Long-Term Tailwinds The global artificial intelligence chip market is expected to grow at a CAGR of 29% between 2023 and 2030, according to Next Move Strategy Consulting. Digging deeper, the market size is expected to grow by over 10 times to around $300 billion by 2030 versus $29 billion in 2022. This presents a huge growth opportunity for all the AI chip makers like Intel. Intel intends to position itself for future growth and maintain its competitive edge by changing its business model and investing in fields like artificial intelligence, cloud computing, and advanced manufacturing. As the AI landscape continues to expand and evolve, Intel is making increased capital expenditures (CapEx) to support strategic growth toward AI development and implementation. NVDA, one of Intel’s top competitors, has gained almost 200% year-to-date, riding high on the AI growth prospects. However, Intel has gained only 26% year-to-date. While NVDA is undoubtedly the dominant player in the AI chip-making industry, competitors like Intel are also bracing up and can get a share of the AI growth in the coming years. Interestingly, while NVDA chips have a huge competitive edge when it comes to performance, Intel chips will offer cheaper alternatives to clients. The better value proposition may help Intel win newer clients as the AI industry continues to grow globally. Further, NVDA’s chips alone will not be able to fulfill the upsurge in demand for AI chips in the coming years. Consequently, peers like Intel will fill in the supply gap and should remain one of the important players in the AI chip-making industry. Intel is Undergoing a Paradigm Shift To gain an edge over its peers, Intel is undergoing multiple restructuring initiatives like increased spending to support strategic growth, disciplined expense management, and PC inventory correction, among others. Intel recently held an investor webinar where it laid out the details of creating a new internal foundry model. This fundamental shift is expected to enhance production efficiency and also lead to cost savings. Moreover, it will also open its products to external customers and chip designers, thereby further driving revenue growth. Under the new operating model, Intel’s internal product business units will have a foundry-style relationship with the company’s manufacturing group working in an “arm’s-length fashion.” Starting Q1 2024, the company will also provide standalone profit and loss statements for its Manufacturing groups that will include Manufacturing, Technology Development, and Intel Foundry Services. Importantly, Intel reiterated its long-term goal of becoming the second-largest external foundry by 2030. The new model is clearly an accelerated step in that direction. With the expected ramp-up of releasing five nodes over the next four years, revenues from the internal foundry are expected to reach $20 billion by 2024. The company said that the transition to the foundry model will play a significant role in achieving its targeted cost savings of over $8 billion to $10 billion by 2025. With the resulting optimization of its cost structure, the company will be likely able to achieve its long-term target non-GAAP gross margin of 60% and operating margin of 40%. For reference, Intel achieved a non-GAAP gross margin of 38.4% and a negative operating margin of 2.4% in the most recently reported first-quarter results. Therefore, Intel has a long path to tread to reach its margin goals. If the shift to the foundry model is successfully executed, it could be a game changer for Intel and help it meet its lofty goals. However, it should be noted that the volume ramp-up is not expected anytime soon and could be visible after Fiscal Year 2025. Investors will likely get more clarity after the upcoming second-quarter earnings report scheduled to be released on July 27. Is Intel Stock a Buy, According to Analysts? As per TipRanks, analysts are cautious about Intel stock and have a Hold consensus rating, which is based on four Buys, 17 Holds, and six Sells assigned in the past three months. Intel stock's average price forecast of $32.26 implies 6.4% downside potential. Conclusion: Consider Buying Intel for Long-Term The AI boom is here to stay, and Intel is diligently taking every necessary step to capitalize on its robust growth potential. The company is currently undergoing a substantial business transformation, implementing an integrated device manufacturer (IDM) 2.0 strategy and adopting a new internal foundry model. These strategic moves are paving the way for a noteworthy expansion of Intel's manufacturing capabilities. Although the results of this scale expansion may not be immediately apparent, Intel is poised to reap the benefits of its multiple initiatives and the long-term potential of AI. Consequently, I maintain a bullish stance on the stock, viewing it through a long-term lens. Disclosure

In the latest trading session, Nvidia (NVDA) closed at $470.77, marking a -0.88% move from the previous day. This change lagged the S&P 500's daily gain of 0.24%. Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy i

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow registering its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Change is the Only Constant on Wall StreetJust a handful of months ago, former tech darlings crashed, recession fears brewed, and new layoffs were announced on a seemingly daily basis. To make matters worse, the US Federal Reserve

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

The Dow Jones Industrial Average and S&P 500 index rose modestly on Wednesday, with the blue-chip Dow on pace for its eighth straight day of gains as investors gauged the latest round of corporate earnings, but a decline in Microsoft held the Nasdaq near the unchanged mark.

Apple is working on artificial intelligence (AI) offerings similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2% to a record high.

The SPDR S&P 500 ETF Trust ( SPY) and Invesco QQQ Trust ( QQQ) are among the widely-discussed  ETFs (exchange-traded funds) on the popular social media platform Reddit. While these ETFs are buzzing on Reddit and have significantly gained mentions, their recent rallies give them limited upside potential (based on analysts’ price targets on their holdings).  But before we dig deeper into these buzzing Reddit ETFs, let’s understand how TipRanks determines the ratings and price targets on ETFs. How Does TipRanks Determine Analyst Ratings on ETFs? TipRanks leverages its proprietary technology to calculate the consensus analyst forecast and price targets for ETFs by taking all their underlying assets into consideration. At a glance, you will see the overall analyst rating, analyst price target, and upside or downside on an ETF.  Innovatively, TipRanks calculates a weighted average number based on the combination of all the ETFs’ holdings. For instance, the average price forecast for an ETF is calculated by multiplying each holding’s price target by its weight (allocation) in the ETF.  Is SPY ETF Good to Buy Now? SPY is one of the most popular ETFs to diversify risk and earn steady returns. For instance, the SPDR S&P 500 ETF has the S&P 500 Index ( SPX ) as the benchmark and aims to provide similar returns.  Impressively, the ETF is highly diversified, offers exposure to 24 separate industry groups, and primarily focuses on  large-cap stocks. Meanwhile, it has delivered an average annualized return of 12.72% in the past decade with a  low expense ratio of 0.09%, which makes it a compelling long-term investment. While SPY is an attractive investment, investors can wait for a better entry point. SPY has gained about 20% year-to-date. Thanks to the recent gains, SPY is trading at a forward price-to-earnings multiple of 20.74, which appears expensive given the estimated EPS growth forecast of 12.48% over the next three to five years.  Yes, the SPY ETF has an  Outperform Smart Score of 8 out of 10 on TipRanks. However, per the recommendations of 6,294 analysts giving stock forecasts for SPY's holdings, the 12-month average SPY price target of $485.53 implies limited upside potential of 6.9% from current levels. Also, the SPY ETF carries a Moderate Buy consensus rating on TipRanks. Among the analysts providing ratings on its holdings, 59.60% have given a Buy rating, 35.02% have assigned a Hold rating, and 5.39% have given a Sell rating. Is QQQ Stock a Buy or Sell? The recovery in mega-cap  technology companies has led to significant growth in the QQQ ETF. For instance, QQQ has gained over 45% on a year-to-date basis, led by the rally in the shares of its  top five holdings, which are Microsoft ( NASDAQ:MSFT ), Apple ( NASDAQ:AAPL ), Nvidia ( NASDAQ:NVDA ), Amazon ( NASDAQ:AMZN ), and Tesla ( NASDAQ:TSLA ).  Together, its top five holdings account for 43.53% of its total holdings, implying that its performance is highly dependent on them. While these tech giants are poised to deliver strong growth in the long term, their recent rallies and valuation concerns could restrict their upside potential in the short term. This is well reflected in analysts’ price forecast for QQQ over the next 12 months.  According to the recommendations of 1,730 analysts giving stock forecasts for QQQ's holdings, the 12-month average QQQ price target of $396.72 implies a mere 2.85% in upside potential from current levels.  Nonetheless, QQQ ETF, which has the Nasdaq-100 index ( NDX ) as its benchmark, sports an  Outperform Smart Score of 8 out of 10 on TipRanks. It has consistently outperformed the broader markets and delivered solid returns. However, the recent run in its price is keeping analysts cautiously optimistic.  QQQ ETF has a Moderate Buy consensus rating. Among the analysts providing ratings on its holdings, 66.53% have given a Buy rating, 29.71% have assigned a Hold rating, and 3.76% have given a Sell rating. The Bottom Line Both these buzzing Reddit ETFs look like solid long-term investments for investors seeking exposure to top companies with relatively lower risk. SPY and QQQ offer diversification and consistently deliver attractive returns. However, both these ETFs have gained quite a lot, which limits their upside potential.   Disclosure

In this video, I will discuss Nvidia (NASDAQ: NVDA), its recent price target hikes by analysts, and why investors are bullish after Microsoft (NASDAQ: MSFT) showcased its AI solutions. Check out the short video to learn more, consider subscribing, and click the special offer link

Logitech LOGI recently revealed that it has acquired Finland’s Loupedeck, a custom consoles and software designer that makes creative process faster and more intuitive for streamers, creators and gamers.

Logitech LOGI recently revealed that it has acquired Finland’s Loupedeck, a custom consoles and software designer that makes creative process faster and more intuitive for streamers, creators and gamers.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste

The past two years have featured no shortage of ups and downs for the investing community. The major U.S. stock indexes climbed to all-time highs in 2021, were clobbered by the 2022 bear market, and have rebounded strongly through the first six months and change of 2023.

The T. Rowe Price Blue Chip Growth ETF ( NYSEARCA:TCHP) is a relatively new, growth-oriented ETF from asset manager T. Rowe Price ( NASDAQ:TROW ) that has raced out to an impressive gain of nearly 40% year to date. There’s a lot to like about the ETF, but there are also some considerations that investors should think about before deciding whether to invest. Let’s take a look at why.  What Does the TCHP ETF Do? Launched in 2020, TCHP is a growth ETF from T. Rowe Price that “seeks to provide long-term capital growth” with income as a “secondary objective.” According to T. Rowe Price, TCHP “focuses on companies with leading market positions, seasoned management, and strong financial fundamentals.”  TCHP's Top Holdings TCHP holds 78 positions, but its top 10 holdings account for 63% of assets, so the fund is fairly concentrated. In fact, its top two positions, Microsoft ( NASDAQ:MSFT ) and Apple ( NASDAQ:AAPL ), combine to make up roughly 25% of the fund. TCHP isn’t alone in this regard, as Apple and Microsoft have accrued massive market caps with their gains this year and dominate the top holdings of many ETFs, but it's one thing that investors should be aware of.  Below, you can take a look at TCHP’s top 10 holdings using TipRanks’ holdings tool. As you can see, outside of Apple and Microsoft, the rest of TCHP's top holdings are dominated by other mega-cap tech names like Amazon ( NASDAQ:AMZN ), Nvidia ( NASDAQ:NVDA ), Alphabet ( NASDAQ:GOOGL ), Meta Platforms ( NASDAQ:META ) and Tesla ( NASDAQ:TSLA ), along with several other popular growth names like Visa ( NYSE:V ), Mastercard ( NASDAQ:MA ), and UnitedHealth Group ( NYSE:UNH ).   As you can see, these holdings boast some pretty impressive Smart Scores across the board. The Smart Score is a proprietary quantitative stock scoring system created by TipRanks. It gives stocks a score from 1 to 10 based on eight market key factors. A score of 8 or above is equivalent to an Outperform rating. An admirable seven out of TCHP’s top 10 holdings feature Smart Scores of 8 or above. TCHP itself features an Outperform-equivalent ETF Smart Score of 8 out of 10. Is TCHP Stock a Buy, According to Analysts? Turning to Wall Street, TCHP has a Moderate Buy consensus rating, as 74.51% of analyst ratings are Buys, 22.45% are Holds, and 3.03% are Sells. At $30.12, the average TCHP stock price target implies 3.85% upside potential. A Lot to Like, But… With a strong portfolio, favorable views from analysts, and an Outperform-equivalent Smart Score, there is a lot to like about TCHP. However, looking beneath the surface, there is one major caveat that investors should consider before investing.  With a list of top holdings dominated by Microsoft, Apple, and other mega-cap tech stocks, TCHP isn’t all that different from many of the much larger and more well-known growth ETFs out there, like the Vanguard Growth ETF ( NYSEARCA:VUG) , the Schwab U.S. Large-Cap Growth ETF ( NYSEARCA:SCHG) , or even top tech ETFs like the Invesco QQQ Trust ( NASDAQ:QQQ) , for that matter.  There is plenty of overlap between these funds -- in fact, TCHP and VUG share eight of the same top 10 holdings, TCHP and SCHG share nine of the same top 10 holdings, and TCHP and QQQ share seven of the same top 10 holdings.  As you can see, TCHP isn’t particularly differentiated from these popular funds. This wouldn’t be a major issue in and of itself if it wasn’t for another concern -- TCHP has a significantly higher expense ratio than each of these three alternatives. Now, TCHP is actively managed, so of course, it is going to have a higher expense ratio than these index ETFs, but with so much overlap between the funds, it’s somewhat difficult to make the case for a significantly higher expense ratio. How much higher is it? TCHP has an expense ratio of 0.57%. This is over 10 times higher than the expense ratios for VUG and SCHG, which both charge just a minuscule 0.04%. It’s also nearly three times higher than QQQ’s expense ratio of 0.20%.  Clearly, TCHP is more expensive, but what does this look like on the ground? An investor putting $10,000 into TCHP would pay $57 in fees in year one, while an investor in QQQ would pay $20, and an investor in VUG or SCHG would pay just $4. The disparity becomes even more pronounced over time as these fees compound over the years. Assuming the fees remain the same and each ETF returns 5% per year over the next ten years, the SCHG and VUG investors would pay just $51 in fees over the course of the decade. The QQQ investor would pay $255 in fees, and the TCHP investor would pay a significantly higher $714 in fees over a 10-year time frame. Again, in fairness to TCHP, it is actively managed, so its fees are going to be higher than for an index ETF, but this is a pretty significant gap, especially given the fact that these funds don't look significantly different from a holdings perspective.  Furthermore, while they have low fees, QQQ, VUG, and SCHG have all been around for a long time and compiled excellent long-term track records when it comes to performance, with all three offering investors double-digit annualized returns for a decade or more. On the other hand, TCHP has only been around since 2020, so it has not yet compiled this type of reliable track record.  Investor Takeaway None of this is to pick on TCHP, as it seems like a good fund and could yet go on to establish a fine track record of its own over the years, but it is worth pointing out that there are plenty of alternatives that offer investors similar exposure with lower costs and with longer track records. In and of itself, TCHP looks like a perfectly fine ETF, but investment opportunities never exist in a vacuum, and it's always important to consider alternatives.   Disclosure

Fool.com contributor and 25-year stock market veteran Eric Cuka shares the companies currently in the trillion-dollar club and the seven best stocks to buy that will likely join the ranks next.

Markets kept the rally going today across the board, with muted economic prints joining better-than-expected earnings reports for industry leaders making a heady brew for bullish investors. In fact, the S&P 500 and Nasdaq have

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste

What's been the best way to grow a stock portfolio in 2023? Halfway through the year, the answer is clear -- own some artificial intelligence (AI) stocks.