On CNBC's “Mad Money Lightning Round,” Jim Cramer said Rivian Automotive, Inc. RIVN is better than Lucid Group, Inc. LCID.Supporting his view, Lucid, on May 6, reported first-quarter revenue of $235.05 million, missing analyst estimates of $250 million, according to Benzinga Pro.Marvell Technology, Inc. MRVL is “right to be bought here,” Cramer said.As per the recent news, Marvell announced on Monday that it would collaborate with Nvidia Corp NVDA to offer Nvidia NVLink Fusion technology to customers employ ...

Originally planned as a $4.6 billion full acquisition in August 2023, AMD has now opted to divest ZT's manufacturing operations to Sanmina for $3 billion, while retaining ZT's 1,200-person engineering team. Banking giant Citi has named chipmaker Advanced Micro Devices (NASDAQ: AMD) better positioned to challenge industry leader Nvidia (NASDAQ: NVDA) following recent strategic developments. In an investor note on May 20, Citi analyst Christopher Danely reaffirmed his 'Neutral' rating on AMD, maintaining a pr ...