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☆ 3 stocks set to lead a booming AI networking market that will grow 5x to $10 billion by 2027, according to Bank of America
▼ + stars: | 2023-06-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Bank of America says silicon-based chips are expected to grow to $10 billion by 2027InfiniBand (IB) and ethernet can both be used for AI computer networks. But Bank of America expects the global AI software market to reach $900 billion by 2026, up from just under $600 billion this year. But generative AI isn't like your average search engine. As big-tech cloud providers begin to integrate generative AI into their centers, the demand for things such as networking silicon is set to skyrocket. The investment bank expects ethernet to attract most of the $10 billion market share, growing from $500 million to $6 billion by 2027.

Persons: InfiniBand, Vivek Arya Organizations: of America, Nvidia, Broadcom, Marvell Technology, Nasdaq, Microsoft, Google, Bank of America, IB

☆ Cisco launches new AI networking chips to compete with Broadcom, Marvell
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

June 20 (Reuters) - Cisco Systems (CSCO.O) on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom (AVGO.O) and Marvell Technology (MRVL.O). The chips are being tested by five of the six major cloud providers, Cisco said, without naming the firms. Cisco is a major supplier of networking equipment including ethernet switches, which connect devices such as computers, laptops, routers, servers and printers to a local area network. "G200 & G202 are going to be the most powerful networking chips in the market fueling AI/ML workloads enabling the most power-efficient network," Cisco fellow and formerly principal engineer Rakesh Chopra said. Cisco said the chips could help in carrying out AI and machine learning tasks with 40% fewer switches and a lesser lag, while being more power efficient.

Persons: Rakesh Chopra, Chavi Mehta, Stephen Nellis, Anil D'Silva Organizations: Cisco Systems, Broadcom, Marvell Technology, Cisco, Amazon Web Services, Microsoft, Google, Bofa Global Research, Thomson Locations: Bengaluru

☆ Cramer lists reasons to book some profits in this lofty market. 'You only need to get rich once'
▼ + stars: | 2023-06-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Unlike the ridiculous short squeezes that brought about GameStop 's (GME) meme-stock maina 2½ years ago, the current market is making some sense. That means by Wednesday's Club meeting, right ahead of the Fed rate announcement, we could have a backdrop suggesting that we deserve to broaden. Bottom line Until Wednesday's Club meeting you know my mindset. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Lisa, Guy, It's, mutt Nvidia, Jerome Powell's, there's, Banks, Nvidia's, Fosforo, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: CNBC, Club, Nvidia, GameStop, Apple, Microsoft, Federal, Fed, Web Services, Palo Alto Networks, Broadcom, Marvell, Baltic, Wednesday's Club, Wine, Jim Cramer's Charitable Locations: Long, China

☆ Here's what it takes to get a stock out of our Bullpen and into the Club portfolio
▼ + stars: | 2023-06-09 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

This week's question: I'm a founding member of the Investing Club. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. This week's question: I'm a founding member of the Investing Club.

Persons: Jim Cramer, MRVL, Jeff, — Tim, Marvell, Marvell —, we've, Jim Cramer's, Jim, Dallas Organizations: Investing, Marvell Technology, Nvidia, Devices, AMD, Management, Marvell, Consumer, Enterprise, Jim Cramer's Charitable, CNBC Locations: Dallas, It's

☆ 3-Stock Lunch: MRVL, AFRM & AMZN
▼ + stars: | 2023-06-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: MRVL, AFRM & AMZNQuint Tatro, Joule Financial founder, joins ‘Power Lunch’ to discuss three stocks: Marvell, Affirm and Amazon.

Persons: AMZN Quint Tatro Organizations: Joule Financial, Marvell

☆ Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, June 1 (Reuters) - Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market losses for the year to date, including $7.2 billion in losses since last week's rally in Nvidia's stock (NVDA.O), according to financial data firm S3 Partners. The PHLX semiconductor sector index (.SOX) gained roughly 15% in May and hit an over one-year high. "The Semiconductor sectors have been an investing desert for short sellers," S3 Partners analysts wrote in the report this week. In addition, S3 cited Marvell Technology Inc (MRVL.O), Broadcom Inc (AVGO.O) and Ambarella Inc (AMBA.O) among stocks prone to a short squeeze. "We expect short covering in these stocks as short sellers look to trim their exposure and limit future mark-to-market losses if these stocks continue to rally," S3 analysts said.

Persons: Caroline Valetkevitch, Lance Tupper, Will Dunham Organizations: YORK, Partners, SOX, Semiconductor, Nvidia, Devices, Marvell Technology Inc, Broadcom Inc, Ambarella Inc, Thomson

ET (1900 GMT), to discuss the debt ceiling bill. "The market is cautiously pricing in that the deal has been done," said Thomas Hayes, chairman at Great Hill Capital LLC. Nvidia Corp (NVDA.O) jumped 4.8% in premarket trading after it said on Monday it was building Israel's most powerful AI supercomputer to meet soaring customer demand for AI applications. Other chipmakers including Advanced Micro Devices Inc (AMD.O), Marvell Technology Inc (MRVL.O) and Intel Corp (INTC.O) added about 3% each. May consumer confidence data is due shortly after markets open, while the Labor Department's closely watched nonfarm payrolls data for May is due on Friday.

U.S. President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Sunday signed off on an agreement to temporarily suspend the debt ceiling and cap some federal spending. ET (1900 GMT), to discuss the debt ceiling bill. Reflecting investor optimism, the cost of insuring exposure to a U.S. debt default fell further on Tuesday, while yields on longer-dated U.S. Treasuries fell. Other chipmakers including Advanced Micro Devices Inc (AMD.O), Marvell Technology Inc (MRVL.O) and Intel Corp (INTC.O) added about 3% each. ET, Dow e-minis were up 60 points, or 0.18%, S&P 500 e-minis were up 22.75 points, or 0.54%, and Nasdaq 100 e-minis were up 157.25 points, or 1.1%.

☆ These are the 10 best performing AI stocks so far this year
▼ + stars: | 2023-05-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The rise of ChatGPT has sparked a frenzy for artificial intelligence stocks in 2023. A "jaw-dropping" earnings report from Nvidia was the latest catalyst to send AI stocks soaring. These are the 10 top-performing artificial intelligence stocks so far in 2023. These are the 10 best-performing artificial intelligence-related stocks so far this year, as of Tuesday afternoon. C3.aiSOPA Images / Getty ImagesTicker: AIMarket Value: $3.2 billionYear-to-date gain: 260.8%

Persons: ChatGPT, —, Alphabet's Bard, It's, Microsoft Satya Nadella, Sean Gallup, Sundar, Synopsys Smith, Lisa Su Steve Marcus, Nvidia Jensen Huang, Las Vegas Rick Wilking Organizations: Nvidia, Service, Companies, Cadence Design Systems, Taiwan Semiconductor, World Semiconductor, Publishing, Getty, Microsoft, Google, Broadcom Reuters, Cadence, Marvell Technology, Marvell Technologies Smith, AMD, Reuters, CES Locations: China, Las Vegas

☆ Why this chip stock could be the next Nvidia
▼ + stars: | 2023-05-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Those who missed Nvidia's recent surge may want to consider putting their money in one overlooked artificial intelligence beneficiary: Marvell Technology. The stock surged 181% this year on AI tailwinds. "Not sure we can make sense of the recent AI rally, but this is a name that belongs in the basket." Bank of America analyst Vivek Arya called the chip stock an "underappreciated" AI beneficiary in a recent note. "All in all, MRVL AI revenue is expected to grow at a 100% CAGR from FY23-FY25," Malik said.

☆ Morning Bid: Debt deal is near, Fed peak is not
▼ + stars: | 2023-05-26 | by ( ) www.reuters.com time to read: +4 min

Investors juggled these three strands over the past 24 hours, with top-line equity index relief from the Nvidia-inspired spur to artificial intelligence and chip stocks everywhere. And the banking stress that changed the picture in March appears to be settling too, judging by the latest central bank numbers. Friday brings some hope that White House and congressional leaders can ink a deal on lifting the U.S. debt ceiling they indicated overnight was now close - just before the Treasury Department runs out of cash from June 1 next week. Anxieties in the Treasury bill market only eased a touch, and one-month bill yields remained above 6% early Friday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Marvell shares rocket 32% on earnings beat and 'tremendous' business potential for A.I.
▼ + stars: | 2023-05-26 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Shares of Marvell Technology continued a significant overnight rally Friday, surging about 32% off the back of quarterly earnings results that beat on the top and bottom lines. On an analyst conference call, Marvell CEO Matthew Murphy said the company had begun to reassess how it looked at the "tremendous" business potential of AI. "In FY2023, MRVL estimated its AI revenue to be ~ $200 million, representing a strong uptick from FY22. The company expects AI sales to reach ~$400M+ in FY24 before doubling in FY25," the note from Citi's Atif Malik said. Many semiconductor firms experienced a lift from Nvidia's Wednesday blowout earnings report.

Organizations: ~ $

☆ Nvidia shares jumped 25% this week — and got cheaper. Here's how that happens
▼ + stars: | 2023-05-26 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Consider: On Wednesday, the price-to-earnings ratio for Club holding Nvidia was 66.1 based on full-year 2024 estimates, and 49.1 based on 2025 projections. As a result, the valuation, which is simply price divided by the forward estimates, declined materially. Marvell shares soared 28% on Friday after the semiconductor company reported an earnings beat Thursday after the bell. But the update we got from Nvidia management this week shows Nvidia is actually a better value Friday than it was a week ago. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These are the next stocks to get an A.I. boost like Nvidia, according to Wall Street
▼ + stars: | 2023-05-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

But while the chipmaker remains the undisputed leader in the AI arms race, it's far from the only company benefiting from the frenzy overtaking Wall Street. NVDA 1D mountain Nvidia shares pop While Nvidia's results seem to reiterate its clear chip dominance, other names are gaining buzz on Wall Street and could see big gains as AI booms. Advanced Micro Devices Similar to Nvidia, Wall Street forecasts opportunities for Advanced Micro Devices in the near future. Needham also believes Taiwan Semiconductor's capabilities offer a "shortcut" for companies big and small looking to get into the competitive AI chip market. Its new delivery systems to help reduce power delivery network losses should also benefit shares in the long run.

Persons: Dan Loeb's, Raymond James, Brad Lin, Lin, Needham, Vivek Arya, CNBC's Michael Bloom Organizations: Nvidia, Wall, Devices, AMD, Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing, Bank of America, Systems, Marvell Technology, Broadcom, Apple Locations: Taiwan

With the end of another earnings season in sight, Wall Street's attention has turned to Washington and the debt ceiling deadline. Republican negotiators on Friday walked out of talks on raising the debt limit , abruptly ending a positive week of discussions that appeared to be leading toward a deal. Democrats and the White House have been pushing for a "clean" hike to the debt limit that would push the next deadline past the 2024 presidential election, while Republicans are pressing for spending cuts. Many investors believe this ongoing game of chicken over the debt limit is largely for show, since the U.S. has never defaulted on its debt obligations. U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) and other congressional leaders in the Oval Office at the White House in Washington, U.S., May 9, 2023.

☆ Grade my trade: GE, PYPL & MRVL
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrade my trade: GE, PYPL & MRVLCNBC’s ‘Halftime Report’ investment committee, Josh Brown, Bill Baruch, Jason Snipe and Stephanie Link, weigh in on General Electric, PayPal and Marvell Technology.

☆ These 74 stocks across 5 categories of AI are the top picks from the sector's leading fund managers.
▼ + stars: | 2023-03-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Wall Street closes sharply higher, notches weekly gains as Treasury yields ease
▼ + stars: | 2023-03-03 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

The week also saw the benchmark S&P 500 break through its 50- and 200-day moving averages, two closely watched technical levels. [1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2023. Fourth-quarter earnings season is on the final stretch, with all but seven of the companies in the S&P 500 having reported. This would imply the S&P 500 entered a three-quarter earnings recession in the closing months of 2022, per Refinitiv. The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 79 new highs and 57 new lows.

☆ Wall Street rallies, on course for weekly gains as Treasury yields dip
▼ + stars: | 2023-03-03 | by ( Stephen Culp | ) www.reuters.com time to read: +4 min

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2023. The week also saw the benchmark S&P 500 break through its 50- and 200-day moving averages, two closely watched technical levels. Fourth-quarter earnings season is on the final stretch, with all but seven of the companies in the S&P 500 having reported. This would imply the S&P 500 entered a three-quarter earnings recession in the closing months of 2022, per Refinitiv. The S&P 500 posted 21 new 52-week highs and two new lows; the Nasdaq Composite recorded 73 new highs and 49 new lows.

[1/2] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2023. The U.S. 10-year Treasury yield fell on Friday after touching a four-month high in the previous session but stayed above the 4% level. Nine of the 11 major S&P sectors were higher, with communication services (.SPLRCL) and technology (.SPLRCT) indexes leading gains. Apple Inc rose 1.9% after Morgan Stanley said the stock could rally more than 20% this year on potential hardware subscription. Dell Technologies Inc (DELL.N) slipped 0.9% after it forecast current-quarter revenue and profit below Wall Street estimates, hit by an ongoing demand slump in its PC business.

☆ Futures rise as yields retreat from highs
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +3 min

The U.S. 10-year Treasury yield fell on Friday after touching a four-month high in the previous session but stayed above the 4% level. Central bank officials including Bostic and Fed Dallas President Lorie Logan are scheduled to speak later in the day. ET, Dow e-minis were up 82 points, or 0.25%, S&P 500 e-minis were up 13 points, or 0.33%, and Nasdaq 100 e-minis were up 35 points, or 0.29%. Hewlett Packard Enterprise (HPE.N) rose 2.3% after the laptop maker gave an upbeat full-year earnings forecast. Reporting by Sruthi Shankar in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Top 10 things the Club is watching in the stock market Friday
▼ + stars: | 2023-03-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Club holding Costco (COST) was a little disappointing Thursday evening, with an earnings beat overshadowed by some softer February trends. Analysts outline five "underappreciated catalysts" that they think will drive a re-rating of the Club holding in the next twelve months. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Inflation takes a back seat to earnings next week as stocks look to bounce back
▼ + stars: | 2023-02-24 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +7 min

The latest Fed projection for the so-called terminal rate — the level where the rate hikes stop — was just over 5%. Before this past week, those intraday levels hadn't been seen since November 2022. ET: ISM Services Looking back January's hot reading on core PCE on Friday was the most influential economic number of the past week. In Club earnings this past week, Nvidia (NVDA) was certainly the highlight. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

☆ Cramer's lightning round: I say thumbs up to MP Materials
▼ + stars: | 2023-01-26 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

In this article 2015-HKMRVLRESMPSO Follow your favorite stocks CREATE FREE ACCOUNTLoading chart...Southern Co : "I'm going to bless the idea." Loading chart...MP Materials Corp : "I say, thumbs up, MP Materials." Loading chart...Marvell Technology Inc : "You don't want to buy until it reports. After it reports, we're going to take a solid look at it. Who am I to go against the smartest man in the world?"

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