July 19, 2021 @ 6:52 pm | Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA, NXPI, TSM |
On Thursday, July 15, Taiwan Semiconductor Manufacturing (TSM), the world’s leading chip foundry, reported earnings of 93 cents a share for the second quarter, up 18% year over year. That was inline with analyst estimates. Sales rose 28%. The company raised its...
July 1, 2021 @ 11:14 pm | Breaking News, Jubak Picks Portfolio |
Yesterday in my video “3 Picks for an Earnings Blowout” I argued the case that even the 61% second quarter year to year jump in earnings in the Wall Street analyst consensus was unerstated. For example, I noted that the current estimate of $44.91 a share...
May 24, 2021 @ 7:25 pm | Breaking News, Jubak Top 50 Portfolio, NVDA |
Nvidia’s (NVDA) board has declared a 4 for 1 stock split effective after the close on July 19. Assuming that share holders approve at the company’s June 3 annual meeting. (Gee, you think shareholders would vote against a split?) The stock is up 4.1% today,...
April 19, 2021 @ 6:46 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Taiwan Semiconductor Manufacturing (TSM), the globes biggest independent chip foundry, said last week that it expects the chip shortage that has left automakers scrambling for silicon and cutting back production will be over by the end of the third quarter. Whether...
April 12, 2021 @ 6:41 pm | Breaking News, Jubak Top 50 Portfolio, NVDA, You May Have Missed |
Nvidia (NVDA) announced its first microprocessor for the server market today, April 12. Right now Intel (INTC) owns around 90% of the market for server processors, where its chip works in tandem with a graphics chip from Nvidia to handle highly complex computing jobs...
March 29, 2021 @ 7:52 pm | ASML, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
In my Trick or Trend post on my subscription JubakAM.com site on Saturday, March 27, I argued that the increasingly serious chip shortage experienced by car makers was bad for car stocks (since car companies are having to cut production), but good for chip makers who...
March 15, 2021 @ 7:32 pm | Breaking News, Jubak Picks Portfolio, MRVL |
Today, March 15, shares of Marvell Technology Group (MRVL) closed at $48.08, slightly above my target price of $48 a share. In this very volatile market for technology stocks, I’m going to take my almost 20% profit (19.90% to be exact) and sell these shares out...
March 5, 2021 @ 7:04 pm | Breaking News, Jubak Picks Portfolio, MRVL |
While the NASDAQ Composite and Standard & Poor’s 500 were flirting with a correction on Thursday, March 4, Marvell Technology Group (MRVL) has moved into its own better than 10% drop in just the last week. The stock is down 13.89% in the last week as of the...
February 19, 2021 @ 7:19 pm | AMAT, Breaking News, Jubak Picks Portfolio, You May Have Missed |
Given how strong the earnings beat was for the last quarter and how big the increase in guidance was for the next quarter from Applied Materials (AMAT) after the market close last night (February 18) today’s stock gain of 5.19% was actually rather modest. For...
January 14, 2021 @ 6:53 pm | AMAT, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio |
As I noted in my January 13 video “4 picks for the chip shortage,” investors are looking at shortage of silicon chips that has hit the auto industry especially hard and that argues for a multi-year increase in capital spending to expand chip production at...
January 13, 2021 @ 6:50 pm | Breaking News, Buy Hold Sell |
I’m starting up my videos again–this time using YouTube as a platform. The sixth YouTube video “4 stock picks for the chip shortage” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
January 8, 2021 @ 6:46 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company...
December 24, 2020 @ 3:40 pm | Breaking News |
I’m starting up my videos again–this time using YouTube as a platform. The third YouTube video on What Apple and Microsoft’s moves on Intel mean for technology stocks went up today. Please watch and subscribe to my YouTube channel. And like my video. (Note that for...
October 21, 2020 @ 6:33 pm | Breaking News, Jubak Top 50 Portfolio, NVDA |
On October 15 I noted that the hike in revenue guidance from Taiwan Semiconductor Manufacturing (TSM) on huge demand for its chips in AI and gaming (among other sectors) was good news for gaming, AI, and data center leader Nvidia (NVDA.) And I hinted at buying shares...
October 15, 2020 @ 7:10 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Taiwan Semiconductor Manufacturing (TSM) reported earnings of 90 cents per American depositary receipt today on sales of  $12.14 billion for the company’s September quarter. Net income climbed 36% year over year. Analysts had expected the company to earn 81...
May 20, 2020 @ 7:19 pm | Breaking News, Jubak Top 50 Portfolio, Stock Pick of the Day, TSM |
Announcing a new feature–my stock pick of the day. With Taiwan Semiconductor as my first pick. The hoo ha at the end of last week over restrictions on the sale of U.S. semiconductors to China’s Huawei Technologies, high-lighted the central role that Taiwan...
April 16, 2020 @ 7:06 pm | Breaking News, TSM |
Taiwan Semiconductor Manufacturing (TSM) beat analyst estimates for the first quarter, the company announced today. Net profit almost doubled to $3.9 billion on $10.31 billion in revenue. That amounts to a 91% increase from the March quarter of 2019. Analysts had...
November 25, 2019 @ 7:31 pm | Breaking News, Jubak Picks Portfolio, SYNA |
When Synaptics (SYNA) traded at $40 I though the shares were undervalued. At $60 I think they’re close to full value. My target price on the stock is $64 and the shares closed at $58.51 today, up 2.94% on the day. Tomorrow I’m going to take advantage of...
November 18, 2019 @ 6:03 pm | Breaking News, Jubak Picks Portfolio, NVDA |
After the close on November 14 Nvidia (NVDA) announced fiscal third quarter 2020 quarterly earnings of $1.78 a share, 20 cents a share above the Wall Street consensus. Revenue of $3.10 billion was $92.21 million above projections. Chip stocks are currently among the...
October 23, 2019 @ 6:17 pm | Breaking News, Volatility, You May Have Missed |
Shares of Texas Instruments (TXN) closed down 7.48% today after the company reported that third-quarter earning felt $1.49 a share from $1.58 a share in the third quarter of 2018. Revenue dropped 11% year over year. On the other hand, shares of Apple continued to move...
October 9, 2019 @ 7:53 pm | Breaking News, Jubak Top 50 Portfolio, Recent Buys, TSM |
It’s hard to get a handle on exactly how big the market called the Internet of Things will be. Bain Capital sats $520 billion by 2021. McKensey, another consulting company, says $11 trillion by 2021. The huge difference is a result of 1) what these...
June 13, 2019 @ 7:12 pm | AAPL, Breaking News, Volatility, You May Have Missed |
Today Broadcom (AVGO) cut its annual sales forecast, saying that the U.S.-China trade war will wipe out the rebound in orders that it had predicted for the second half of 2019. Revenue at the chipmaker for fiscal 2019 will be $22.5 billion instead of the $24.5 billion...
June 6, 2019 @ 7:29 pm | Breaking News, IFNNY, Jubak Picks Portfolio, Update |
I added shares of Infineon (IFNNY) to my Jubak Picks Portfolio on May 7. The chip maker hasn’t exactly been tearing up the track since then, scoring a 26.59% loss. But on June 3 Infineon acquired another chip maker Cypress Semiconductor (CY) for $10.1 billion in...
May 21, 2019 @ 7:36 pm | Breaking News, Volatility, You May Have Missed |
Stocks–especially chip stocks–have rallied strongly today on headlines saying that the Department of Commerce has granted a 90-day license for U.S. companies to do business with China’s Huawei Technologies in order to service existing networks. This...
April 29, 2019 @ 7:12 pm | Breaking News, INTC |
Shares of Intel (INTC) continued their post-earnings slide today, dropping about 2.52% to $51.11. On April 24, the day before there company reported first quarter 2019 earnings, the stock closed at $58.72. That’s a drop of 12.96% in less than a week. I think...
March 11, 2019 @ 11:28 pm | Breaking News, Jubak Picks Portfolio, NVDA |
Nvidia (NVDA) has won the bidding to acquire Mellanox Tech (MLNX). Nvidia has said that it expects the acquisition, which will be funded through cash on the Nvidia’s balance sheet, to be accretive to non-GAAP gross margin, non-GAAP EPS, and free cash flow...
January 24, 2019 @ 7:41 pm | Breaking News, Volatility, You May Have Missed |
Today’s regular session was great for chip stocks. The Vance Vectors Semiconductor ETF (SMH) was up nearly 6% on the day powered by earnings beats for the quarter from Texas Instruments (TXN) up 6.5%; Xilinx (XLNX) up 17.5%; and Lam Research (LRCX) up 14.8%. And...
November 19, 2018 @ 6:58 pm | Breaking News, Sell, Update, Volatility |
Today Apple (AAPL) fell 3.96%. Facebook (FB) was down 5.72%. Amazon (AMZN) lost 5.09%. Netflix (NFLX) tumbled 5.45%. The big technology stocks that led the market up to historic highs are leading this fall off on a combination of general market nervousness and...
November 10, 2017 @ 7:42 pm | Breaking News, Jubak Picks Portfolio, SYNA, Update |
Synaptics (SYNA) announced September quarter (first fiscal 2018 quarter) earnings after the market close on November 7. Earnings of $1.03 a share were 7 cents a share above the Wall Street consensus. Revenue climbed 8.1% year over year to $417 million against the $399...
October 25, 2017 @ 7:35 pm | Breaking News, Volatility |
Advanced Micro Devices (AMD) reported third quarter earnings yesterday, October 24, of 10 cents a share (excluding one-time items). That was better than the Wall Street consensus of 8 cents for the quarter. Revenue grew 257% to $1.64 billion in the quarter, surpassing...