NASDAQ:CRUS - Nasdaq - US1727551004 - Common Stock - Currency: USD
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.
The strong demand for generative AI smartphones and this company's tight relationship with a key smartphone manufacturer point toward better times.
GlobalFoundries Inc. (NASDAQ: GFS) is a leading global semiconductor foundry that makes chips for AMD, Broadcom, Qualcomm, Cirrus Logic, and NXP Semiconductors.
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.
Immersion Corp. (NASDAQ: IMMR) is a leading developer of haptic technology. The company was a pioneer in developing haptic technology
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.