US1727551004 - Common Stock
Reliance on a single customer for a huge chunk of revenue is weighing on this company, but that could turn into an advantage in the future.
A Fed rate cut and a slew of big earnings reports filled out a busy week.
Astera Labs delivered a beat-and-raise third-quarter earnings report thanks to its heavy exposure to the artificial intelligence megatrend.
Stay updated with the stocks that are on the move in today's after-hours session.
The strong demand for generative AI smartphones and this company's tight relationship with a key smartphone manufacturer point toward better times.
Apple's suppliers look well positioned to benefit from increased iPhone sales.
Marvell Technology stock saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 69 to 79.
Broadcom's revenue growth rose every quarter over the past year. Last quarter the chipmaker reported a 47% jump to $13.07 billion.
Appleās iPhone 16 handsets will provide a business lift for a number of component suppliers, especially Cirrus Logic and Broadcom.
The Relative Strength (RS) Rating for Qualcomm stock jumped into a higher percentile Tuesday, as it got a lift from 65 to 75.
Nvidia and other semiconductor stocks fell Tuesday amid reports of industry sales weakness and an economic slowdown in China.
This chipmaker is set to capitalize on the growing demand for AI smartphones thanks to its largest customer.
AMD stock hit an all-time high at 227.30 on March 8. It dropped to a low of 121.83 on Aug. five and reversed up. It traded around 157 Wednesday.
One key metric to look for in a stock is an 80-plus RS Rating. Qualcomm stock now clears that threshold, with a jump from 80 to 83 Wednesday.
Semiconductor stocks finished the last big week of Q2 earnings season with a mixed bag of winners and losers. Cirrus Logic was a winner.