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-0.00195217179111775 -0.000717423133235787 0.0053733528550512 -4.88042947778267E-06 0.0134211810639336 0.0134455832113225 0.00927281600780857 -0.0117130307467058
Stock impact report

Nvidia Analysts Slash Targets as Outlook Miss Adds to Chip Woes [MSN Money]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MSN Money
© Robert Galbraith/Reuters NVIDIA is a top holding of Fidelity Growth Company. Robert Galbraith/Reuters Nvidia Inc. gave a fourth-quarter outlook that was below expectations, hurt by weakness in its gaming division and the lingering loss of demand from the collapse of cryptocurrency mining. The results prompted a slew of price-target cuts on Wall Street, with Goldman Sachs saying its bullish view had been “clearly wrong.” The shares sank 18 percent in early trading before the market opened, even as many analysts expressed optimism about Nvidia’s longer-term growth prospects. Global semiconductor peers fell in sympathy , including a 7 percent decline in Advanced Micro Devices Inc. Nvidia was just the latest in a series of disappointing forecasts from chipmakers, following bellwether names such as AMD and Texas Instruments, which have together raised broad concerns about future demand for the technology sector. © Bloomberg Chipmaker poised to extend sharp de Show less Read more
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