HomeTechEquipmentNVDA, MU, NTAP: A.I. Has Exacerbated The Need For Semis

NVDA, MU, NTAP: A.I. Has Exacerbated The Need For Semis

Semiconductors are the future, notes Logan Gilland. He and Kim Forrest discuss semiconductor stocks, highlighting Nvidia's (NVDA) earnings. Its adjusted EPS came in at $2.70 versus an estimated $2.09 and revenue came in at $13.51B versus an estimated $11.17B. Logan talks about how NVDA has just run too fast for right now. Kim notes that semis drive the world and A.I. has exacerbated the need. She prefers chip makers MU, NTAP, and SNPS. NVDA analysts remain bullish after the latest earnings and guidance beat. They then go over what investors should know about semiconductor stocks. Tune in to find out more about the stock market today.

Trading 360

25 Aug 2023

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