Newsfeeds Archive - Page 26 of 503

2 minute read

Is AMD Stealing the Spotlight in Server and Client Markets? Here’s What You Need to Know

May 10, 8:15 AM

AMD gained market share in x86 processor market, led by client and server segments. Intel made gains in IoT while Arm Holdings threatens Intel and AMD's dominance.

AMD

2 minute read

SiTime Stock Skyrockets 30% After Analyst Upgrade

By Anusuya Lahiri

May 9, 3:17 PM

SITM up ~31% on Needham's upgrade to Buy with $130 PT. Beat & raise Q1 results with rebound in customer orders. Visibility improving for strong growth in 2024 and 2025.

SITM

2 minute read

Fox’s Growth Prospects, Competitive Valuation Stand Out Against Disney, Paramount; Analyst Sees Momentum With Tubi, Sports

By Anusuya Lahiri

May 9, 3:12 PM

BofA Securities' Jessica Reif Ehrlich reiterates Buy rating on Fox Corp with $40 price target. Fiscal 2025 expected to accelerate earnings.

DIS

3 minute read

Arm Holdings Poised To Challenge Qualcomm, Intel, AMD In AI, Analysts Predict Growth In Chip Design

By Anusuya Lahiri

May 9, 2:53 PM

Arm Holdings stock drops after disappointing fiscal 2025 guidance, but analysts remain optimistic about AI and revenue growth.

AMD

1 minute read

Tower Semiconductor CEO Eyes Recovery, Projects Over 7% Growth Next Quarter

By Anusuya Lahiri

May 9, 1:39 PM

Tower Semiconductor (TSEM) reported Q1 2024 revenue of $327.24M, beating analyst estimates. CEO optimistic for recovery despite market downturn.

TSEM

1 minute read

Shift4 Surges In Subscription, Payments Revenue Despite Falling Short Of Q1 Expectations

By Anusuya Lahiri

May 9, 11:39 AM

Shift4 Payments reported fiscal first-quarter 2024 gross revenue growth of 29% year-on-year to $707.4 million.

FOUR

2 minute read

Himax Tech CEO Calls Q1 Low Point, Foresees Sales Surge in Automotive Sector

By Anusuya Lahiri

May 9, 11:20 AM

Himax Technologies, Inc reported Q1 2024 revenue decline of 15.0% Y/Y to $207.55M, beating estimates. Gross margin was 29.3%. EPS was $0.07, higher than expected. Q2 guidance: 8.0-13.0% revenue growth, gross margin 31.5-33.5%, EPS $0.13-$0.17. Dividend of $0.29 declared. Stock up 6.51% premarket.

HIMX