Memory chip stocks had a punishing week. Yet, the shortage that powered their rally has not gone away. That disconnect is what MS Hwang, research director at Counterpoint Research, sees in the sell-off. "While most of these negative indicators miss the point or...
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Technology
AMD Challenges Nvidia’s AI Inference Lead, SemiAnalysis Finds
Advanced Micro Devices Inc. (NASDAQ:AMD) is closing the gap with Nvidia Corp. (NASDAQ:NVDA) in AI inference at a pace that has surprised even researchers who previously criticized AMD’s software. SemiAnalysis researchers said Wednesday they watched AMD’s existing GPUs...
Why Is Shopify Stock Gaining Monday?
Shopify Inc. (NASDAQ:SHOP) stock is trading higher Monday in premarket trading after Cantor Fitzgerald analyst Deepak Mathivanan reiterated a Neutral rating and raised his price forecast from $145 to $158.Nasdaq futures are down 0.14% while S&P 500 futures have...