Why Microsoft, Advanced Micro Devices, and Qualcomm Were Surging Today

Motley Fool2023-03-16

What happenedShares of Microsoft (MSFT 4.05%), Advanced Micro Devices (AMD 7.72%), and Qualcomm (QCOM 4.35%) all rocketed higher Thursday. As of 3:33 p.m. ET, they were up 4%, 7.2%, and 3.8%, ...

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Soyabean89
2023-03-17
Soyabean89
About dam time. Get those new pc and phone before 9% gst yall. Cybermonday 2023 gonna rip!.. Hopefully

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As of 3:33 p.m. ET, they were up 4%, 7.2%, and 3.8%, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/16/why-microsoft-advanced-micro-devices-and-qualcomm/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0056508442.USD","symbol_name":"贝莱德世界科技基金A2","start_time":0,"source_url":"https://www.fool.com/investing/2023/03/16/why-microsoft-advanced-micro-devices-and-qualcomm/","article_id":"2320391575","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F724930%2Fartificial-intelligence.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2320391575","pubTimestamp":1678956120,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"An analyst called a bottom in the PC and smartphone businesses, and Microsoft unveiled some nifty new ChatGPT tools.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","LU0080751232.USD":"富达环球多元动力基金A","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4566":"资本集团","BK4575":"芯片概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BK4525":"远程办公概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4577":"网络游戏","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","BK4141":"半导体产品","BK4503":"景林资产持仓","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4573":"虚拟现实","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4581":"高盛持仓","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4504":"桥水持仓","BK4512":"苹果概念","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","AMD":"美国超微公司","BK4515":"5G概念","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4548":"巴美列捷福持仓","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4529":"IDC概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4528":"SaaS概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","MSFT":"微软","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）"},"translate_title":"为什么微软、先进微设备公司和高通公司今天都在飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSFT":1,"AMD":1},"content_text":"What happenedShares of Microsoft (MSFT 4.05%), Advanced Micro Devices (AMD 7.72%), and Qualcomm (QCOM 4.35%) all rocketed higher Thursday. As of 3:33 p.m. ET, they were up 4%, 7.2%, and 3.8%, respectively.The broader market indexes were in positive territory for the day, too, but these three stocks more likely rose due to a prominent semiconductor sector analyst calling a \"bottom\" in consumer electronics, specifically PCs and smartphones. In addition, Microsoft showed off some upcoming integrations between ChatGPT and its Office software suite.So whatOn Thursday, Susquehanna analyst Christopher Rolland essentially called the bottom in the consumer electronics sector, upgrading Qualcomm (QCOM 4.35%) and AMD's rival Intel (INTC 6.23%), among others. \"We believe the acute portion of the semiconductor downcycle for the handset, PC and consumer end markets has passed,\" he said in a research note to clients. Of course, if sales of PCs and smartphones really are going to get back to growing soon, that would also be a big plus for AMD, which has taken lots of market share from Intel in the PC chip market over the past of couple years. And of course, it would also help Microsoft, which licenses its Windows operating system to all non-Apple PC vendors and also sells its own Surface line of devices.The call dovetails nicely with Wednesday's Digitimes report that said Taiwan Semiconductor Manufacturing (TSM 3.54%) is seeing a recovery in its fab utilization rates after a multi-quarter downturn. Some may wonder how PC and smartphone sales could be headed for an upswing if the economy is -- as many fear -- about to slip into a recession. Well, for those who haven't been paying attention, PCs and smartphones recorded some of their worst-ever year-over-year sales declines in 2022. Between the rapid rise in interest rates last year and the fact that people and businesses had loaded up on devices during the first couple of years of the pandemic, the PC and smartphone markets went into their own recessions about a year ago.So, while other parts of the economy may be beginning to see a downturn, the tech world has been in one for some time already. And at some point, all of those devices bought in 2020 and 2021 will have to be replaced.In addition, Microsoft unveiled how it will be incorporating the generative AI capabilities of Chat-GPT into its Office software suite. The Office suite is the standard upon which business gets done for much of the world, with about $45 billion in annual revenues. The upcoming Microsoft 365 CoPilot, which will be rolled out in the next couple of months, will be able to write documents in Word, make Powerpoint presentations, and -- who knows, maybe make complete Excel financial models in seconds? -- all with just some short natural-language prompts. Now whatIn addition to a potential PC sales turnaround, Microsoft has been riding a considerable wave of enthusiasm, especially since the updated ChatGPT-4 was unveiled earlier this week.Considering all of these factors, 2023 looks likely to be a better year for the technology sector, provided that the recent crises among the U.S. regional banks and troubled European giant Credit Suisse (NYSE: CS) don't lead to a wider financial crisis.Remember, the technology sector slumped hard last year even as many parts of the economy remained strong. So it's possible that its health could begin to improve in 2023 even if the rest of the economy stagnates or goes into a mild recession.Meanwhile, while there was a post-pandemic hangover for tech in 2022, the digitization trends accelerated by the pandemic are still with us, and should continue through this decade. The advent of ChatGPT late last year was just another reminder that the world is becoming increasingly digital, albeit in fits and starts. The tech sector can be violently cyclical, but it should grow faster than the economy over the long term.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9943073396,"gmtCreate":1679007585915,"gmtModify":1679007589863,"author":{"id":"3550998686387787","authorId":"3550998686387787","name":"Soyabean89","avatar":"https://community-static.tradeup.com/news/eb77581e98e9ecdbe378a1373a31b0e9","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"About dam time.&nbsp; Get those new pc and phone before 9% gst yall. Cybermonday 2023 gonna rip!.. Hopefully&nbsp;","listText":"About dam time.&nbsp; Get those new pc and phone before 9% gst yall. Cybermonday 2023 gonna rip!.. Hopefully&nbsp;","text":"About dam time. Get those new pc and phone before 9% gst yall. Cybermonday 2023 gonna rip!.. Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943073396","repostId":2320391575,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2320391575"}