Similar Stories to Marketwatch First Take: Nvidia Tells The Truth, And Tempers A Potential Rally For Chip Stocks on Bing News

For months, chip companies have been telling investors that a rebound is right around the corner, with little evidence to back up those claims. Nvidia Corp. admitted as much Thursday afternoon, throwing a wet blanket on an after-hours bounceback for its beleaguered stock and shares in other chip companies.

Topics:  corp   nvidia   chip   companies   
BING NEWS:
  • Here’s what Nvidia earnings need to show to be ‘good enough’ for Wall Street
    Hopper is the company’s current chip lineup. Arcuri also glimpses a compelling picture down the road once Nvidia commences ... the company’s financial potential: “While most of the sell ...
    05/15/2024 - 9:13 am | View Link
  • Intel rises on report of $11 billion Apollo investment in new chip plant
    The new plant is part of Intel’s plan to meet increased chip demand. The potential deal with Apollo comes after Brookfield Asset Management Ltd. BAM, +0.18% inked a $30 billion deal with Intel ...
    05/13/2024 - 3:34 am | View Link
  • Nvidia’s stock can soar 50% more as earnings power still isn’t priced in: HSBC
    Shares of Nvidia Corp. pulled back ... despite their continued big rally this year, investors are still significantly underestimating the earnings potential of the semiconductor company and ...
    05/13/2024 - 1:58 am | View Link
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