Industry Overview - The video and TV industry is a significant emitter of greenhouse gases, accounting for 4% of global emissions, which is double that of the aviation industry at 2% [5] - Video content constitutes 80% of total internet traffic, significantly impacting CO2 emissions from data centers [7] - The industry's carbon footprint spans production, delivery, and consumption, with Scope 3 emissions from indirect sources like travel, accommodation, and post-production being a major challenge [2][3] Technological Innovations - Pixel Value Reduction (PVR) technology, developed by InterDigital, can achieve significant energy savings without compromising video quality, potentially saving 48 million kWh of energy if applied to events like the Olympics [3][5] - IP-based remote virtual production can reduce the industry's carbon footprint by 6x compared to on-site methods [6] - AI and brightness-adjustment technologies are expected to reduce TV energy consumption by 15% by 2028 [6] Energy Consumption Trends - Overall energy consumption for video entertainment devices (TVs, set-top boxes, media streamers, gaming consoles, smartphones, and tablets) has declined by 17% since 2020, with a further 12% reduction expected by 2028 [6] - Emissions from TVs in 2024 were estimated at 54 MtCO2e, equivalent to the annual greenhouse gas emissions of 11.7 million passenger vehicles [7] - 4K TVs, now installed in 858 million homes, generate 1.7x more emissions per hour compared to 1080 HD TVs [7] Impact of Major Events - The Paris Olympics had an estimated media carbon footprint of 602.8 million tons, with 1.25 TWh of electricity consumed due to streaming across various devices [7] - Each hour of film production since 2023 has equated to an average of 16.6 tCO2e, equivalent to the energy consumption of two homes annually [7] Company Focus - InterDigital is a leader in developing video compression standards and PVR technology, aiming to reduce energy consumption in the video industry [3][9] - The company is also involved in AI research, which intersects with wireless and video technologies, contributing to more sustainable solutions [9]

Core Viewpoint - InterDigital (IDCC) is experiencing significant selling pressure, with a 9.4% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better earnings than previously predicted [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 indicating oversold conditions [2]. - IDCC's current RSI reading is 27.75, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5]. Group 2: Fundamental Indicators - There is a strong consensus among sell-side analysts that earnings estimates for IDCC have increased by 0.3% over the last 30 days, indicating a potential for price appreciation [6]. - IDCC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the stock's potential for a turnaround [7].

InterDigital (IDCC) has been beaten down lately with too much selling pressure. While the stock has lost 7.4% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...

Core Points - InterDigital, Inc. will present at the 27th Annual Needham Growth Conference on January 14, 2025, at 4:30 PM ET [1] - The presentation will be available via live webcast and archived replay [2] - InterDigital focuses on research and development in wireless, video, and AI technologies, licensing innovations to various industries [3] Company Overview - InterDigital is a global R&D company established in 1972, listed on Nasdaq, specializing in foundational technologies for connected and immersive experiences [3] - The company has a strong presence in wireless technology, having developed innovations from early digital cellular systems to advanced 5G and Wi-Fi technologies [3] - InterDigital is also a leader in video processing and encoding/decoding technology, with significant efforts in AI research that intersects with wireless and video technologies [3]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Have you been paying attention to shares of InterDigital (IDCC) ? Shares have been on the move with the stock up 4.5% over the past month. The stock hit a new 52-week high of $207.08 in the previous session. InterDigital has gained 4.2% since the start of the year compared to the 36.5% move for the Zacks Computer and Technology sector and the 27.4% return for the Zacks Wireless Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't miss ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed along ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyon ...

InterDigital, Inc. (IDCC) was honored with three prestigious Fierce Network Innovation Awards for its outstanding advancements in AI, Sustainability and Mobile Wireless Evolution. Organized by Fierce Networks, these awards are designed to recognize the most visionary service providers and vendors for their outstanding wireless, broadband and cloud services and equipment unveiled in the past year.IDCC’s Award-Winning SpreeIn the AI category, InterDigital's AI-native Receiver Design for Future Wireless Commun ...

WILMINGTON, Del., Dec. 20, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile, video and AI technology research and development company, was awarded a Fierce Network Innovation Award recognizing outstanding innovation in AI. Announced on December 19, the annual Fierce Network Innovation Awards celebrate transformative companies, solutions, and individuals with the potential to revolutionize networks, drive customer engagement, and deliver substantial savings and innovation. In the category ...