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Stockreport

Here's why Jim Cramer thinks chip stocks can go higher [CNBC]

NVIDIA Corporation (NVDA)  More Company Research Source: CNBC
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Monday - Friday, 6:00 - 7:00 PM ET Key Points “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron finished Friday up 7.76%. In this article As Micron shares soared 7.76% on Friday, CNBC's Jim Cramer explained why he thinks some chip stocks still have room to run. “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron makes memory and storage technology for artificial intelligence. CEO Sanjay Mehrotra told Cramer that his company is seeing huge demand for its products, and detailed its plans to spend $200 billion to build more domestic production capacity. On Friday, the company broke ground at its 600,000-foot facility in upstate New York. ? [Read more]
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Stockreport

Here's why Jim Cramer thinks chip stocks can go higher [CNBC]

NVIDIA Corporation  (NVDA) 
More Company Research Source: CNBC
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Monday - Friday, 6:00 - 7:00 PM ET Key Points “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron finished Friday up 7.76%. In this article As Micron shares soared 7.76% on Friday, CNBC's Jim Cramer explained why he thinks some chip stocks still have room to run. “Can these stocks keep going higher, though?” Cramer asked. “The answer is yes, in large part because we don't have enough equipment to expand production of these chips, and we can't put it together fast enough.” Micron makes memory and storage technology for artificial intelligence. CEO Sanjay Mehrotra told Cramer that his company is seeing huge demand for its products, and detailed its plans to spend $200 billion to build more domestic production capacity. On Friday, the company broke ground at its 600,000-foot facility in upstate New York. ? [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS