Chip Selloff Deepens After Google Touts Memory Breakthrough
Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial...
Nvidia Stock Jumps As Forecast Tops First-Quarter Revenue Estimates
Feb 21 (Reuters) - Chip designer Nvidia shares surged in after-hours trading on Wednesday after the company forecast revenue above estimates, banking on towering demand for its industry-leading artifi
NIO Concludes Internal Review of Seller Report; Street Says Buy
Shares of the company are up ~8% over the past five days, and analysts are seeing a further 62.4% upside based on a Strong Buy consensus rating and an averageNIO stock price targetof $33.04. Deutsche Bank’sEdison Yuis even more optimistic about NIO with a Buy rating and a price target of $45, which points to a massive 120.5% potential upside. The analyst feels the market is yet to fully take cognizance of NIO’s expanding global footprint.Closing Thoughts – NIO Stock is Starting to Emerging from