These AI stocks could be the next winners of the AI boom...Nvidia (NVDA 1.88%) stole the show in the first half of the year, soaring about 150% and reporting triple-digit gains in earnings. The company garnered even more attention when it announced and then completed a 10-for-1 stock split, a move to bring its stock price down from more than $1,000. Nvidia still makes a great buy today as this company dominates the artificial intelligence (AI) chip market -- and demand in this high-growth market could conti ...

Key TakeawaysIntel shares climbed to a two-month high on Monday as analysts said the company stands to benefit from growing interest in AI personal computers and other hardware trends related to the technology.The Intel share price has gapped above the top trendline of a narrow trading range on the highest share turnover since June 21, indicating bullish conviction behind the move.Amid further upside Intel shares may encounter resistance at $35.50, $39, $42. and $45.50.Short-term overbought conditions could ...

Key TakeawaysThe S&P 500 edged 0.1% higher to close at a record high on Monday, July 8, 2024, kicking off a trading week that will feature testimony from the Federal Reserve chair, key inflation data, and bank earnings.Shares of Intel surged after analysts highlighted its potential to benefit from artificial intelligence in the second half.Paramount Global shares fell after the entertainment giant agreed to merge with Skydance Media, ending months of negotiations. Major U.S. equities indexes hit fresh highs ...

Could Intel be a top AI stock in the second half of 2024?Intel (INTC 6.15%) stock popped in Monday's trading. The semiconductor company's share price ended the session up 6.2%, according to data from S&P Global Market Intelligence.Intel stock jumped today thanks to bullish coverage from an analyst. The chip giant's share price also got a boost due to excitement surrounding upcoming processors that could strengthen the company's position in the artificial intelligence (AI) space and gaming hardware market.On ...

Contrarian stock upgrades might help you capitalize on this year’s AI-inspired market rise.Regarding the prospects of a Federal Reserve rate reduction, the S&P 500 rose 14.5% in the first half of the year, driven by technology and communication, which gained 28.2% and 26.7%, respectively. Big-cap growth stocks did well, at 20.7%, while smaller-cap stocks rose slightly.Value-conscious investors may uncover contrarian stock upgrades that surge against market sentiment, presenting possibilities that have not t ...

Key TakeawaysIntel and Advanced Micro Devices (AMD) could rise as part of a second-half "catch-up," Melius Research said. The companies, alongside Apple and IBM, were among the analysts' "AI Laggards" in the first six months of 2024.The analysts noted a pattern in 2023 where "underdogs" underperformed in the first half and then caught up in the second half, while some "AI winners" experienced the opposite effect.Melius said AMD and Intel could benefit from Microsoft's Copilot+ PCs, while Apple could benefit ...

FinkAvenue One of the more interesting stocks in my portfolio is Intel Corporation (NASDAQ:INTC) right now. But we could call that also a nice way to frame what is true as well: an investment in Intel has been catastrophic in the last few months. In my last article about Intel – published in January 2024 – I was a bit cautious (in an overall rather bullish article) and wrote: But while Intel could decline as well in the next few quarters, I see Intel trading for higher prices when using a time horizon o ...

LOS ANGELES, July 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Intel Corporation ("Intel" or "the Company") (NASDAQ: INTC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between January 25, 2024 and April 25, 2024, inclusive (the "Class Period"), are ...

LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Intel Corporation (“Intel” or “the Company”) (NASDAQ: INTC) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Intel’s growth in Foundry Services didn’t align with revenue growth reportabl ...

A man rides a scooter past Intel Corporation's wafer manufacturing plant in Dalian, in China's ... [+] northeastern Liaoning province on June 26, 2024. (Photo by Pedro Pardo / AFP) (Photo by PEDRO PARDO/AFP via Getty Images)AFP via Getty ImagesIntel stock (NASDAQ: INTC) has had a rough year, declining by about 38% since early January. In contrast, rival AMD stock has gained about 17% over the same period. While Intel’s financial performance is expected to improve this year as the PC market recovers from the ...