Great ariticle, would you like to share it?Strong Buy!$NVDA, $TSMC, $AMD, $MRVL Continue to Hit 52 Weeks High
@Twelve_E:Some other Semiconductors are hiting 52 weeks high: $Advanced Micro Devices(AMD)$ $Taiwan Semiconductor Manufacturing(TSM)$ $NVIDIA Corp(NVDA)$ $Marvell Technology(MRVL)$ . Investing.com Technically, investing.com still gives strong buys forecasts. Investing.com Is this chipmaker $NVIDIA Corp(NVDA)$ still worth buying at its current price? We're just two weeks into the new year, and $NVIDIA Corp(NVDA)$ stock is already up 15.32%. Demand for Nvidia will surge in 2023, and there are no signs of relaxing yet. Nvidia expects total fourth-quarter revenue of about $20 billion, more than triple the $6 billion it reported last year. Potential Headwinds It’s not all blue skies for Nvidia. The competition is heating up and could steal some of the chip maker’s market. Both $Intel(INTC)$ and $Advanced Micro Devices(AMD)$ have developed their own AI chips. They will reportedly price them at significant discounts to NVDA chips. That could have potential cost-conscious customers changing their purchase plans. Nvidia Insider Trading Alert Mark Stevens, the 2nd largest $NVIDIA Corp(NVDA)$ shareholder and board member since 2008, just sold 36,000 $NVIDIA Corp(NVDA)$ shares worth approximately $19.7 million. He's now sold just under $50 million worth of shares this week. Image
Strong Buy!$NVDA, $TSMC, $AMD, $MRVL Continue to Hit 52 Weeks HighDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.