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Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback
24/7 Wall St.78d agobullish
Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback

Shares of Intel (NASDAQ:INTC) are up 12% in early Monday trading, climbing to $111. Investors are reacting to a newly announced strategic collaboration with Japan’s Hitachi alongside a wave of reports suggesting that Alphabet‘s (NASDAQ:GOOGL) Google and NVIDIA (NASDAQ:NVDA) could lean on Intel’s foundry as a backup AI chip supplier. The move extends a remarkable ... Intel Surges 12% as Hitachi Pact, Google-NVIDIA Foundry Buzz Fuel an AI Comeback

Forget Marvell: 1 Unstoppable Semiconductor Stock to Buy Hand Over Fist After the Market Pullback
24/7 Wall St.78d agobullish
Forget Marvell: 1 Unstoppable Semiconductor Stock to Buy Hand Over Fist After the Market Pullback

Marvell Technology (NASDAQ:MRVL) is the name on every chip trader’s lips after a 305.44% one-year rip that turned custom AI silicon into the most crowded trade in semiconductors. But here’s what you should actually be watching. The Marvell trade is mathematically exhausted Last Friday’s leverage shakeout told you everything. Marvell dropped 16.74% in a single ... Forget Marvell: 1 Unstoppable Semiconductor Stock to Buy Hand Over Fist After the Market Pullback

Jensen Huang Sounds Eerily Like Warren Buffett as He Tells Investors to Buy the Dip in AI Stocks
24/7 Wall St.78d agobullish
Jensen Huang Sounds Eerily Like Warren Buffett as He Tells Investors to Buy the Dip in AI Stocks

When the CEO of the world’s most valuable company tells you to back up the truck on his own sector, it pays to listen. Jensen Huang did exactly that recently, framing the latest pullback in AI stocks as a gift rather than a warning. The logic mirrors a principle Warren Buffett spent decades drilling into ... Jensen Huang Sounds Eerily Like Warren Buffett as He Tells Investors to Buy the Dip in AI Stocks

Sandisk Stock Jumps—Again. Don’t Worry About New Memory Supply, Say Analysts.
Barrons.com78d agobullish
Sandisk Stock Jumps—Again. Don’t Worry About New Memory Supply, Say Analysts.

Sandisk stock was back on the rise Monday after two Wall Street firms hiked their forecasts for the memory supplier. Mizuho Securities reiterated an Outperform rating on Sandisk stock and lifted its price target to $2,200 from $1,825 in a research note Sunday. BofA Securities followed suit Monday, maintaining a Buy rating and raising its price target to $2,100 from $1,550.

Corning Rallies On Amazon Deal
Investor's Business Daily78d agobullish
Corning Rallies On Amazon Deal

Corning stock rallied on news of a major agreement with Amazon as part of the tech giant's data center expansion.

Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back
24/7 Wall St.78d agobullish
Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back

Memory and storage names are leading the tape in early Monday trading, snapping back hard from Friday’s brutal selloff. Micron Technology (NASDAQ:MU) stock is up 8% to $935, while Western Digital (NASDAQ:WDC) and SanDisk (NASDAQ:SNDK) are also rallying sharply. The bounce arrives without a fresh fundamental catalyst, and it looks technical in nature. The trio ... Micron Rockets 8%, Western Digital Surges 7%, SanDisk Pops 6% in Memory-Stock Snap-Back