: 376 . Intel
Friday, 22 September 2023, 12:10:29
Advanced Micro Devices, .
Why Are Chip Stocks NVDA, AMD, ARM Down Today?
Thursday, 21 September 2023, 21:32:13
Source: Shutterstock When Cathie Wood believes a particular growth stock is overvalued , that speaks volumes. Such is the case with Arm Holdings (NASDAQ: ARM ) and its high-profile initial public offering (IPO). Arm and a handful of other chip stocks are down in a meaningful way today, as investors appear to be focusing in on valuations. After surging to $69 per share the day after its IPO, ARM stock currently trades around the $51 level. With this marking the stock’s third daily decline , some investors may be rethinking whether the valuations of these chip stocks make sense. At the time of this writing, ARM stock is down roughly 3% for the day. Other semiconductor rivals Advanced Micro Devices (NASDAQ: AMD ) and Nvidia (NASDAQ: NVDA ) are down 4% and 2.6% respectively in afternoon trading. This decline outpaces the broader Nasdaq Composite as well, with these two stocks contributing significantly to the index’s move. Let’s dive into the rationale for the selling pressure in these names today.
3 Chip Stocks to Watch in the ‘Green Zone’
Thursday, 21 September 2023, 21:02:53
With the rising adoption of generative artificial intelligence technology, there’s now an AI gold rush, and semiconductor companies are selling the “picks and shovels.” Hence, all eyes are on the top chip stocks to watch, but are these names also in the “Green Zone?” TradeSmith offers investors valuable tools for determining which stocks to watch. A good example is its Health Indicator feature. This comprehensive indicator provides an overall rating of a stock’s current health. Using this metric, you can quickly find potential opportunities to explore. Broken down into three “zones” (green, yellow, and red), you’ll have a general idea about whether it’s best to be bullish, bearish, or neutral on a particular stock. As you may have guessed, stocks in the “Green Zone” are performing well, with little indication that the trend is on the verge of shifting. A stock in the “Yellow Zone” has corrected by more than 50% of its volatility quotient (or VQ), a proprietary TradeSmith metric that helps measure a stock’s risk.
Advanced Micro Devices Drops Near Key Bull, Bear Cycle Indicator
Thursday, 21 September 2023, 20:36:24
Advanced Micro Devices, Inc (NASDAQ: AMD ) was falling lower Thursday, in tandem with the general market, which was continuing to suffer a bearish reaction to the Federal Reserve’s hawkish statement Wednesday . The chipmaker has been trading in a downtrend since June 13, making a series of lower highs and lower lows. On Thursday, the stock was working its way toward the 200-day simple moving average (SMA) within that trend. The 200-day SMA is an important bellwether. Technical traders and investors consider a stock trading above the level on the daily chart to be in a bull cycle, whereas a stock trading under the 200-day … Full story available on Benzinga.com
AMD takes AI inferencing to space with Versal chip
Thursday, 21 September 2023, 15:00:00
You can get further out on the edge than space. And that”s where the AMD Versal AI Edge chip is headed, said Advanced Micro Devices.
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