There’s no doubt about dominance NVIDIA Company NASDAQ: NVDA fueling the AI revolution now and for the foreseeable future as they make even faster strides in their chips. However, a 12-month backlog in the development of Blackwell’s next-generation GPU architecture is forcing many customers in the computing and technology sector to look elsewhere in the … Read more
NVIDIA today $145.06 -0.07 (-0.05%) (As of 2:22 p.m. ET) 52 week range $45.41 ▼ $152.89 Dividend yield 0.03% P/E ratio 57.09 Target price $164.15 Reports that NVIDIA NASDAQ: NVDA could make its Blackwell chips resonate throughout the semiconductor industry. The news is good for many reasons, but there are obstacles and risks to overcome. … Read more
It may come as a surprise to some that, generally speaking, semiconductor stocks have underperformed in 2024. The PHLX Semiconductor Index, a widely used measure of semiconductor industry performance, has gained 21% this year. This is significantly less than the S&P 500’s total return of 28%. In addition, 36 of the 70 largest companies in … Read more