The Digital Source For China's Tech Innovation Since 2000

Search
Close

Read Why Nvidia, AMD, Taiwan Semiconductor And Other Chip Stocks Gained Steam

January 4, 2022
Source: newsbrig.com newsbrig.com
News Snapshot:
Marvell Technology Inc (NASDAQ: MRVL), NVIDIA Corp (NASDAQ: NVDA), and Micron Technology Inc (NASDAQ: MU) are likely to continue to see investor interest, as Citigroup notes that November chip sales were “well above” seasonal trends, and lead times continue to get longer. Citing Semiconductor Industry Association, analyst Christopher Danely notes that November monthly sales were $51.7 billion, up 10.7% month-over-month, compared to an average decline of 0.7% and estimates of $48.1 billion, as a result of higher units and pricing. Related Content: Chip Sales Set To Grow Nearly 10% In 2022: Report “We believe pricing will continue to drive upside...
Go To Original Source →
Tags: 5G | AMD | Automotive | bank | chip | Citigroup | cloud | content | CPU | Deutsche Bank | enterprise | Goldman Sachs | infrastructure | investment | investor | LED | management | market share | Marvell | revenue | semiconductor | stock market | stocks | Taiwan | technology

Other Related News:

Congress doesn’t have the guts to ban TikTok

March 30, 2023

Taiwan President Heads to US, China Warns Against Meetings

March 30, 2023

Labor’s carbon plan means more trucks: rail bosses

March 30, 2023

A US ban on TikTok could damage the idea of the global internet

March 30, 2023

Dow Jones Climbs; Chip Stocks Lead As Warren Buffett's EV Stock Gains Market Share

March 30, 2023

B.C. businesses confused about marketing on TikTok after government restrictions

March 30, 2023

With Belarus, Vladimir Putin continues his nuclear blackmail

March 30, 2023

Instagram rival app Lemon8 by TikTok parent enters US top charts

March 29, 2023

AI’s profound impact on the world economy and the company that will benefit from it. Plus, six stocks to put in a RESP

March 29, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter