Baird says this name is one of the top chip stocks you should own
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Druckenmiller Tells CNBC He Cut Nvidia Position in Late March
May 7, 2024 8:57 AM EDTBillionaire investor Stanley Druckenmiller revealed in an interview with CNBC on Tuesday that he cut his NVIDIA (NASDAQ: NVDA) position in late March after the stock's significant run higher.
Druckenmiller explained that he reduced the position after "the stock went from $150 to... More
March chip sales above seasonality - Citi
May 6, 2024 7:51 AM EDTAccording to a recent note from Citi, semiconductor sales surged in March above seasonal expectations and its analysts' forecasts.
A report from the SIA revealed that US semiconductor sales in March reached $50.8 billion, marking a notable 16.4% month-over-month increase. This figure surpassed Citi's estimate of $50.1 billion and defied... More
