In a sign of continuing worries about e-commerce activity, Kornit Digital Ltd. slashed its forecast for the second quarter Tuesday and suggested the third quarter isn’t expected to be much better, sen...
Tag: Computer Hardware
Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’
The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massi...
Xerox CEO Visentin Has Died. What It Means for the Company.
Text size John Visentin. Courtesy Xerox Xerox Holdings shares are in the spotlight as investors respond to news that CEO and Vice Chairman John Visentin has died unexpectedly at age 59, a development ...
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...
Opinion: As tech melts down, a truth remains: Semiconductors are eating the world
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...
Western Digital Said It Would Consider Breaking in Two. Its Stock Is Dropping.
Text size Activist investor Elliott Management says that Western Digital’s flash memory business alone could be worth as much as the whole company now. Dreamstime Western Digital stock, after an...
GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and...
GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and...
Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing
Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels ...
Seagate and Western Digital Should Top Estimates On Cloud Demand, Analyst Says
Text size Nearline drives account for between 70% and 80% of overall revenue for the disk-drive industry. Dreamstime Thanks to strong demand from cloud computing providers, the June quarter should be ...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
2 Tech Stocks That Now Look Impossibly Cheap
Text size Memory chips from Micron Technology are increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies l...
Buffett invests big chunk of Berkshire Hathaway’s cash
Berkshire Hathaway’s first-quarter earnings fell more than 53% on a large swing on the paper value of its investments, but Warren Buffett found ways to put some of the company’s massive cash pile to w...
Warren Buffett Says Markets Have Become a ‘Gambling Parlor’
OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...
Why semiconductor stocks are ‘almost uninvestable’ despite record earnings amid a global shortage
The PHLX Semiconductor Index SOX, +1.76%, which hit a record high of 4,039.51 on Dec. 27, fell 13% over the first quarter of 2022, and as of Monday, is down about 24% year to date, putting it firmly i...
The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval
It wasn’t too long ago that Intel Corp. was the unquestioned king of U.S. chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done w...
Nvidia stock stumbles after Baird voices concern about graphics business
Shares of Nvidia Corp. shares were slipping Monday after an analyst took a more cautious outlook on the company’s gaming business. Baird’s Tristan Gerra downgraded Nvidia’s stock NVDA, -5.20% to neutr...
Nvidia Stock Is Downgraded. China and Russia Are Headwinds.
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia ...
Warren Buffett Loves Cheap Stocks. The HP Purchase Is Proof.
Text size Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett is at heart a value investor. Berkshire Hathaway ’s recent investment activity, including the purchase of more th...
Buffett Gave HP Stock a Boost. Why It’s Still a Buy.
Text size Shares of HP jumped 15% this past week after Warren Buffett’s Berkshire Hathaway disclosed a large stake. Why the stock still looks cheap. Andrew Harrer/Bloomberg When Bill Hewlett and Dave ...
Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.
Text size Dreamstime Almost every analyst on Wall Street knew that the memory chip company Micron Technology was likely to provide quarterly guidance below previous Street estimates. And that’s exactl...