Semiconductor stocks keep falling as investors go risk-off, Chinese startup releases powerful new AI model

    What happened: Semiconductor stocks retreated on Friday. Memory and storage highfliers Micron Technology (MU) and Sandisk (SNDK) stocks dropped more than 2%, and Western Digital (WDC) fell more than 3%. Chipmakers, including Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Marvell (MRVL), also moved lower. Qualcomm (QCOM) retreated as well. Among semiconductor equipment makers,…

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    2 Semiconductor Stocks to Sell Before They Drop 32% and 43%, According to Wall Street Analysts (Hint: Not Nvidia)

    Most Wall Street analysts believe semiconductor companies Micron Technology (NASDAQ: MU) and Intel (NASDAQ: INTC) are undervalued, but some think the stocks could drop sharply in the next year. Joseph Moore at Morgan Stanley has set Micron with a bear-case target price of $240 per share. That implies 43% downside from its current share price of…

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    Jefferies Reiterates Buy Rating on NVIDIA (NVDA), Says Ecosystem Is “Chasing NVDA”

    NVIDIA Corporation (NASDAQ:NVDA) is one of the AI Stocks in the Spotlight This Week. On October 17, Jefferies reiterated the stock as “Buy.” Following a global conference of semiconductor companies and others, Jefferies says everyone is rushing to catch up to Nvidia’s ecosystem. “One of the clear takeaways from the conference is that the entire ecosystem…

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