$NVDA $META $TSLA $AMZN https://t.co/tSGJ6Tk2zn
Q1 estimated sequential EPS growth for top AI chip vendors ($NVDA is in its own league): $NVDA +4.5% ***** $MRVL +1.7% $AVGO -1.9% $AMD -13.8%
TOP 5 CHINA-EXPOSED NAMES LIKELY TO CATCH A BID MONDAY 👇🏼 1. $NVDA 2. $TSLA 3. $AAPL 4. $INTC 5. $AMAT (h/t @StockSavvyShay) https://t.co/yKzSKIavQe
In recent trading, semiconductor stocks exhibited mixed performance. Taiwan Semiconductor Manufacturing Company (TSMC) shares rose by 3%, while Intel Corporation (INTC) fell by 7%. Other notable declines included Microchip Technology Incorporated (MCHP) and Texas Instruments (TXN), both down by 7% and 10%, respectively. In contrast, companies focused on artificial intelligence, such as NVIDIA Corporation (NVDA) and Advanced Micro Devices (AMD), saw gains of 2.5% and 6%, respectively, attributed to positive mentions in market discussions. Analysts noted that fabless chipmakers, including AMD, AVGO, NVDA, and Qualcomm (QCOM), are likely to benefit from the ongoing trends in AI and technology. Additionally, a report highlighted that NVDA is expected to lead in estimated sequential earnings per share (EPS) growth among AI chip vendors, with a projected increase of 4.5% for Q1, while AMD is anticipated to decline by 13.8%. Other companies like Marvell Technology Group (MRVL) and Broadcom Inc. (AVGO) are also in the mix, with MRVL expected to grow by 1.7% and AVGO projected to decrease by 1.9%. The market is watching closely as these developments unfold, particularly for companies with exposure to the Chinese market, including NVDA, Tesla Inc. (TSLA), Apple Inc. (AAPL), and AMAT.
