We Remain Positive on Tech and AI over the Long Term, Says Truist's Keith Lerner
Nvidia, Micron and Sandisk each have gained more than 1,000% since January 2023 as AI infrastructure demand drives a second wave of winners.
6 Articles
6 Articles
Here's a Solid Backdoor Trade on the Memory Boom
Memory chip stocks like Micron and SK Hynix have been wild rides, and some famous bears are already circling. But a quieter corner of the market may offer a smarter, steadier path into the boom before the next leg up.
We remain positive on tech and AI over the long term, says Truist's Keith Lerner
Keith Lerner, CIO and chief market strategist at Truist Wealth, joins 'Squawk on the Street' to discuss Sandisk and Western Digital stocks taking a tumble, why he says the broad tech sector is up, and more.
Market Open: Sandisk Slides Despite Profit Surge, RBI Beats as AI Momentum Wobbles
Markets are mixed today as investors digest another wave of earnings while trimming risk in AI momentum names. The TSX is slightly higher, up 0.06%, while the TSX Venture Index is down 0.16%. In the U.S., the Dow is off 0.18% and the Nasdaq is down 0.35% as AI-linked stocks remain under pressure following a volatile earnings season. London’s FTSE 100 is also lower, slipping 0.19%. Commodities are mixed as well. Gold is moving higher, up 0.50%, s…
Three AI Stocks Positioned for Growth Through 2030
August marks a moment when serious investors pause trading to plan ahead, and this year’s numbers point to three AI stocks worth watching through 2030. NVIDIA just guided towards another record quarter, Amazon delivered its fastest AWS growth in four years, and Palantir posted a Rule of 40 score above 150. These results separate lasting compounders from short-term winners. NVIDIA (NASDAQ:NVDA) trades at $206.64 after a 5.15% weekly gain and a 10…
Nvidia, Micron, Sandisk stocks soar over 1,000% since AI boom began
The AI boom's impact on semiconductor stocks highlights the sector's pivotal role in future tech infrastructure and economic growth. The post Nvidia, Micron, Sandisk stocks soar over 1,000% since AI boom began appeared first on Crypto Briefing.
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