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Why Sandisk Stock Popped Today [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The once (and future?) king of semiconductors blew past analyst forecasts for $0.01 in pro forma earnings last night, reporting $0. per share instead. Sales of $13.6 billion likewise trounced expectations for $12.4 billion. Investors are overjoyed. Now they're buying everything semiconductor-related Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. What Intel's good news means for Sandisk Sandisk makes computer memory, whcih must work in tandem with fast artificial intelligence chips from companies like Intel and Nvidia (NASDAQ: NVDA) , especially when these chips are being used to retrieve information for "inference" -- answering questions posed to AI. Thus, the theory is that Sandisk's prospects will be closely tied to Intel's performance. And Intel is performing pretty nicely.
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