TSMC Q4 profit falls 19%, but beats estimates on improved chip demand
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NVIDIA (NVDA) Mentioned Positively at Melius, 'stand-alone software revenue is at a $1B run rate right now but it could be at a $3B'
January 22, 2024 6:31 AM ESTNVIDIA (NASDAQ: NVDA) Mentioned Positively at Melius.
The analyst comments "Nvidia launched DGX Cloud in 3/23 to give "every enterprise instant access to AI Supercomputer from a browser" on leading clouds for a cost of $36,999 per instance per month. Amgen, CCC Intelligent Solutions and... More
Meta Platforms' (META) Zuckerberg hints company is spending billions on NVIDIA (NVDA) AI chips
January 19, 2024 8:46 AM ESTMeta Platforms (NASDAQ: META) is said to be spending billions of dollars on NVIDIA's (NASDAQ: NVDA) computer chips as part of the company's AI efforts.
Mark Zuckerberg revealed in an Instagram post Friday that the company is building... More
Evercore ISI Adds Apple (AAPL) to Tactical Outperform List
January 19, 2024 6:35 AM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $220.00 price target on Apple (NASDAQ: AAPL).
The analyst comments "Apple stock has underperformed over the last few weeks (YTD down 2% vs. S&P500 down 0.2%) driven by worries ranging from China demand to watch bans to regulatory risk. We think Apple should be able to report modest upside to Dec-qtr and guide March-qtr in the zip-code of street expectations gross-margins could be a wild card in march-qtr, street is modelling GMs flat in March q/q (historically AAPL has guide for... More
Taiwan Semi's (TSM) Results Lift Chip and Chip Equipment Stocks
January 18, 2024 7:43 AM ESTChips stocks and chip equipment stocks were higher across the board Thursday following strong results from bellwether Taiwan Semi (NYSE: TSM). Its shares were up 7% after it report strong results and guidance.
Importantly, for 2024 Taiwan Semi said it expects:
Revenue is... More