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Can Credo Technologies Shares Hit $350 in 2028?
24/7 Wall St.84d agoneutral
Can Credo Technologies Shares Hit $350 in 2028?

Credo Technology (NASDAQ:CRDO) has become one of the loudest AI infrastructure stories on the Nasdaq, with numbers starting to justify the noise. Fiscal 2026 revenue more than tripled to $1.335 billion, non-GAAP net income jumped more than 5x to $662 million, and shares are up 270.9% over the past year. The stock closed at $226.10. ... Can Credo Technologies Shares Hit $350 in 2028?

Intel’s $9 Billion Regret: The Business Sale Haunting It Today
24/7 Wall St.84d agoneutral
Intel’s $9 Billion Regret: The Business Sale Haunting It Today

The semiconductor industry has a funny way of changing the rules just when companies think they’ve figured them out. A few years ago, the hottest chip businesses were processors and foundries. Memory was viewed as a cyclical commodity business that could swing from shortages to gluts in a matter of quarters. Fast forward to 2026, ... Intel’s $9 Billion Regret: The Business Sale Haunting It Today

Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Trust, Tripadvisor, and More
24/7 Wall St.84d agoneutral
Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Trust, Tripadvisor, and More

Pre-Market Stock Futures: Futures are trading lower on Tuesday, but the technology tsunami continued on Monday, as all major indices dipped into the red early on news that Iran was halting the peace negotiations and would block the Strait of Hormuz. But that sell-off lasted until about noon, before a big reversal, which, by that ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: CoreWeave, Danaher, Hewlett Packard Enterprise, Intuit, Knight-Swift, Meta Platforms, Starwood Property Tr

Price Prediction: This Will Be Nvidia’s Price in 2029
24/7 Wall St.84d agoneutral
Price Prediction: This Will Be Nvidia’s Price in 2029

NVIDIA (NASDAQ:NVDA) delivered $81.61 billion in Q1 FY2027 revenue, up 85.23% year over year, with data center sales hitting $75.25 billion, up 92%. Yet shares are only up 13.22% year to date, sitting at $211.14. CEO Jensen Huang calls this “the largest infrastructure expansion in human history.” Can NVIDIA shares reach $400 by 2029? Why ... Price Prediction: This Will Be Nvidia’s Price in 2029

Why Intel Just Got the Endorsement of a Lifetime From Two Trillion-Dollar Companies
24/7 Wall St.84d agoneutral
Why Intel Just Got the Endorsement of a Lifetime From Two Trillion-Dollar Companies

For most of the last decade, Intel (NASDAQ:INTC) was the stock you didn’t want to own. NVIDIA crushed it on AI accelerators, TSMC ate its foundry lunch, and AMD chipped away at its server franchise. I’ve been tracking this turnaround story since CEO Lip-Bu Tan took the helm, and what I’m seeing now is a ... Why Intel Just Got the Endorsement of a Lifetime From Two Trillion-Dollar Companies

Broadcom Stock Is Getting a Double Boost From Google and Marvell
Barrons.com84d agoneutral
Broadcom Stock Is Getting a Double Boost From Google and Marvell

Two stories were moving markets on Tuesday—Google parent Alphabet unveiled a plan to issue $80 billion of equity, and Nvidia CEO Jensen Huang said Marvell Technology could top a $1 trillion valuation. Both events were giving Broadcom stock a boost. Alphabet’s plan to raise tens of billions of dollars to help pay for its AI infrastructure drew a mixed response from the market, but bodes well for Broadcom.

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China
Reuters85d agoneutral
Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

Arm Holdings CEO Rene Haas said on Tuesday that it would be difficult to block the ‌export to China of CPUs that are useful for AI because of ‌their widespread use and as it would be difficult to block only AI CPUs. "CPUs are kind of ​like oil relative to the application space," Haas said in an interview with Reuters. Banning artificial intelligence CPUs would be nearly impossible because of the challenge of establishing specific performance thresholds and memory bandwidth limits as is possible with the ‌graphics processing units (GPUs) made by ⁠Nvidia, Haas said.

Nvidia just hit a jackpot in the Chinese market
TheStreet85d agoneutral
Nvidia just hit a jackpot in the Chinese market

Jensen Huang walked onto the GTC Taipei stage on June 1 and described a humanoid robot by its weight and height before anything else. Six feet. 150 pounds. "Just like me," he said. The robot standing behind him was built by a Chinese startup. And that detail is more significant than it first ...