Qualcomm에 대한 매도 수량은 투자자에게 Qualcomm의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Qualcomm (NASDAQ:QCOM) 주식, 공매도 수량 보고

Qualcomm

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

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INTC

MRVL

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iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

반도체 칩 주식은 엔비디아(NASDAQ:NVDA)가 지난 금요일 이후 투자자 매도세로 하락세를 보이고 있다. 이는 마이크론 테크놀로지(NASDAQ:MU)의 긍정적인 분기 실적과 미국 연방준비제도(연준)의 금리 인하로 수요가 증가한 후 발생한 일이다.

엔비디아 매도세에도 불구하고, 바이든의 법과 TSMC의 장점이 성장 잠재력을 제공

Technicals

Trading Ideas

반도체 세계의 지배권을 위한 끊임없는 경쟁에서 인텔(NASDAQ:INTC)과 어드밴스드 마이크로 디바이시스(NASDAQ:AMD)는 눈에 띄는 대조를 보여준다.

인텔 vs AMD: 엔비디아의 지배에 맞서는 경쟁에서 어느 칩 메이커가 우위를 차지할까?

퀄컴(NASDAQ:QCOM)의 주식은 8월 초부터 거래 범위에 정체되어 있으며, 분석가들은 인텔(NASDAQ:INTC)에 대한 잠재적인 인수 입찰에 대해 추측하고 있다. 그럼에도 불구하고 현재 주가가 범위의 상단에서 저항선을 두고 있어, 우리의 거래 전문가들이 이를 오늘의 주식으로 선정하게 되었다.

오늘의 주식: 인텔 인수에 대한 추측이 커지면서 퀄컴 주식이 박스권에 머물러 있는 이유

Qualcomm Inc

QUALCOMM ORD

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$124.00</td>
<td>$28.7K</td>
<td>53.1K</td>
<td>176.6K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$167.50</td>
<td>$62.7K</td>
<td>870</td>
<td>14.9K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$227.50</td>
<td>$65.5K</td>
<td>7.4K</td>
<td>14.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$180.00</td>
<td>$45.5K</td>
<td>1.7K</td>
<td>8.4K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$285.00</td>
<td>$60.4K</td>
<td>392</td>
<td>3.4K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$175.00</td>
<td>$492.8K</td>
<td>7.1K</td>
<td>2.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$400.00</td>
<td>$95.1K</td>
<td>7.8K</td>
<td>1.6K</td>
</tr>
<tr>
<td>DOCN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$26.0K</td>
<td>6.0K</td>
<td>1.3K</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$155.00</td>
<td>$36.7K</td>
<td>810</td>
<td>867</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$29.4K</td>
<td>22.1K</td>
<td>122</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 728 contract(s) at a $124.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $39.0 per contract. There were 53143 open contracts at this strike prior to today, and today 176644 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on October 11, 2024. Parties traded 172 contract(s) at a $167.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $62.7K, with a price of $365.0 per contract. There were 870 open contracts at this strike prior to today, and today 14927 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on October 11, 2024. Parties traded 397 contract(s) at a $227.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $65.5K, with a price of $165.0 per contract. There were 7402 open contracts at this strike prior to today, and today 14915 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on October 11, 2024. This event was a transfer of 100 contract(s) at a $180.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $455.0 per contract. There were 1702 open contracts at this strike prior to today, and today 8454 contract(s) were bought and sold. 
• Regarding CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on October 18, 2024. Parties traded 87 contract(s) at a $285.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.4K, with a price of $695.0 per contract. There were 392 open contracts at this strike prior to today, and today 3401 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 14 day(s) on October 18, 2024. Parties traded 896 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $492.8K, with a price of $550.0 per contract. There were 7169 open contracts at this strike prior to today, and today 2739 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on November 15, 2024. Parties traded 122 contract(s) at a $400.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $95.1K, with a price of $780.0 per contract. There were 7837 open contracts at this strike prior to today, and today 1670 contract(s) were bought and sold. 
• For DOCN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>), we notice a call option trade that happens to be bullish, expiring in 14 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 6057 open contracts at this strike prior to today, and today 1394 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a put option trade that happens to be bearish, expiring in 140 day(s) on February 21, 2025. This event was a transfer of 35 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $1050.0 per contract. There were 810 open contracts at this strike prior to today, and today 867 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bearish sentiment. It expires in 105 day(s) on January 17, 2025. Parties traded 40 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $735.0 per contract. There were 22162 open contracts at this strike prior to today, and today 122 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

DOCN

MARA

MSFT

MSTR

10 Information Technology Stocks Whale Activity In Today's Session

Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) has outperformed the market over the past 5 years by 3.78% on an annualized basis producing an average annual return of 18.29%. Currently, Qualcomm has a market capitalization of $187.91 billion. 
Buying $100 In QCOM: If an investor had bought $100 of QCOM stock 5 years ago, it would be worth $220.99 today based on a price of $168.68 for QCOM at the time of writing.
<h3>Qualcomm's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727890357_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today

Deep-pocketed investors have adopted a bullish approach towards Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in QCOM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Qualcomm. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 26% bearish. Among these notable options, 8 are puts, totaling $935,328, and 7 are calls, amounting to $249,290.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $160.0 to $220.0 for Qualcomm over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Qualcomm stands at 1372.0, with a total volume reaching 2,001.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Qualcomm, situated within the strike price corridor from $160.0 to $220.0, throughout the last 30 days.
<h3>Qualcomm 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727887581_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$27.1</td>
<td>$26.55</td>
<td>$26.55</td>
<td>$175.00</td>
<td>$286.5K</td>
<td>45</td>
<td style="text-align: right;">108</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$26.8</td>
<td>$26.5</td>
<td>$26.49</td>
<td>$175.00</td>
<td>$225.2K</td>
<td>45</td>
<td style="text-align: right;">193</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$2.42</td>
<td>$2.2</td>
<td>$2.41</td>
<td>$167.50</td>
<td>$120.9K</td>
<td>1.9K</td>
<td style="text-align: right;">400</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$17.6</td>
<td>$17.55</td>
<td>$17.6</td>
<td>$170.00</td>
<td>$100.2K</td>
<td>841</td>
<td style="text-align: right;">376</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$9.2</td>
<td>$8.95</td>
<td>$9.15</td>
<td>$172.50</td>
<td>$82.3K</td>
<td>566</td>
<td style="text-align: right;">11</td>
</tr>
</tbody>
</table>

<h3>About Qualcomm</h3>
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
<h3>Qualcomm's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,901,049, the QCOM's price is up by 2.2%, now at $169.43. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 28 days.</li>
</ul>
<h3>What The Experts Say On Qualcomm</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $210.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Qualcomm, targeting a price of $210. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Qualcomm, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Markets

Market Whales and Their Recent Bets on QCOM Options

'Qualcomm Is Unlikely To Introduce The Next Generation Of Its Flagship PC Processor Until At Least The Second Half Of 2025, According To Industry Sources' - DigiTimes Alert

Semiconductor chip stocks led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) noted investor selloff since Friday after gaining from Micron Technology, Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) upbeat quarterly print and U.S. Fed rate cut to boost demand.
Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Qualcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Micron, Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) are trading lower Tuesday. Semiconductor ETFs VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) are down over 3%.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41124391/qualcomm-partners-with-stmicroelectronics-to-boost-ai-powered-iot-connectivity" rel="noreferrer noopener">Qualcomm Partners With STMicroelectronics To Boost AI-Powered IoT Connectivity</a>
The street remains jittery over <a target="_blank" href="https://www.benzinga.com/news/24/10/41119735/nvidia-faces-new-competition-cerebras-files-for-ipo-huawei-pushes-ai-chips" rel="noreferrer noopener">artificial intelligence prospects</a> as analysts flagged Nvidia&#8217;s dependence on four customers, which are also developing in-house chips, and its delays in product releases.
Though China urges its companies to adopt domestic AI chipmakers, National Science and Technology Council (NSTC) Minister Wu Cheng-wen said China lags behind Taiwan Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) <a href="https://www.benzinga.com/government/24/10/41114632/taiwan-semiconductors-2-nm-breakthrough-puts-taiwan-a-decade-ahead-of-chinas-semiconductor-industry" target="_blank" rel="noreferrer noopener">advanced technology semiconductor manufacturing</a> by at least a decade. Taiwan Semiconductor is a crucial supplier for Nvidia and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
The U.S. Chips Act played a crucial role in helping America develop its semiconductor base by offering <a target="_blank" href="https://www.benzinga.com/government/24/09/41007184/taiwan-semi-secures-7-5b-boost-for-arizona-expansion-aims-for-advanced-chip-production-report" rel="noreferrer noopener">subsidies to chipmakers</a> to boost artificial intelligence chip production in the country.
The semiconductor sector could see another tailwind if the Biden administration inks a bill to fastrack the specific semiconductor manufacturing projects that receive subsidies through the Chips Act by diluting the federal environmental scrutinies.
The legislation would exempt qualifying chip projects from reviews under the National Environmental Policy Act, the New York Times <a href="https://www.nytimes.com/2024/10/01/us/politics/biden-semiconductor-environmental-review.html" target="_blank" rel="noreferrer noopener">reports</a>.
Struggling chipmaker Intel recently got a boost from <a href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" target="_blank" rel="noreferrer noopener">$3 billion in direct funding</a> under the Chips Act in addition to the $8.5 billion in grants and $11 billion in loans that the company previously won under the act.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41124123/micron-set-for-profit-surge-with-high-margin-products-and-ai-driven-market-expansio" target="_blank" rel="noreferrer noopener">Micron Set for Profit Surge with High-Margin Products and AI-Driven Market Expansion, Analyst Says</a></li>
</ul>
Photo via Shutterstock

Despite Nvidia Selloff, Biden's Law and Taiwan Semi's Advantage Offer Growth Potential

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$117.00</td>
<td>$53.0K</td>
<td>7.2K</td>
<td>113.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$225.00</td>
<td>$26.5K</td>
<td>16.5K</td>
<td>50.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$38.00</td>
<td>$27.5K</td>
<td>0</td>
<td>4.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$31.00</td>
<td>$40.8K</td>
<td>189</td>
<td>3.3K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$150.00</td>
<td>$47.2K</td>
<td>2.3K</td>
<td>3.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$165.00</td>
<td>$64.3K</td>
<td>5.1K</td>
<td>3.1K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$99.00</td>
<td>$46.3K</td>
<td>574</td>
<td>3.0K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$155.00</td>
<td>$30.8K</td>
<td>790</td>
<td>2.9K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$200.00</td>
<td>$47.7K</td>
<td>4.8K</td>
<td>2.0K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$115.00</td>
<td>$76.0K</td>
<td>2.4K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on October 4, 2024. Parties traded 241 contract(s) at a $117.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $220.0 per contract. There were 7298 open contracts at this strike prior to today, and today 113715 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on October 4, 2024. Parties traded 100 contract(s) at a $225.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $265.0 per contract. There were 16543 open contracts at this strike prior to today, and today 50485 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on October 11, 2024. Parties traded 250 contract(s) at a $38.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $110.0 per contract. There were 0 open contracts at this strike prior to today, and today 4484 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a put option sweep with bearish sentiment. It expires in 143 day(s) on February 21, 2025. Parties traded 180 contract(s) at a $31.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $227.0 per contract. There were 189 open contracts at this strike prior to today, and today 3337 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option trade that happens to be bearish, expiring in 3 day(s) on October 4, 2024. This event was a transfer of 192 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $47.2K, with a price of $246.0 per contract. There were 2302 open contracts at this strike prior to today, and today 3190 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on October 11, 2024. This event was a transfer of 221 contract(s) at a $165.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $64.3K, with a price of $291.0 per contract. There were 5161 open contracts at this strike prior to today, and today 3163 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on October 4, 2024. Parties traded 200 contract(s) at a $99.00 strike. The total cost received by the writing party (or parties) was $46.3K, with a price of $232.0 per contract. There were 574 open contracts at this strike prior to today, and today 3055 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on October 11, 2024. This event was a transfer of 280 contract(s) at a $155.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $110.0 per contract. There were 790 open contracts at this strike prior to today, and today 2929 contract(s) were bought and sold. 
• Regarding QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we observe a call option sweep with bullish sentiment. It expires in 80 day(s) on December 20, 2024. Parties traded 159 contract(s) at a $200.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $47.7K, with a price of $300.0 per contract. There were 4855 open contracts at this strike prior to today, and today 2077 contract(s) were bought and sold. 
• Regarding SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we observe a call option trade with bearish sentiment. It expires in 17 day(s) on October 18, 2024. Parties traded 304 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $76.0K, with a price of $250.0 per contract. There were 2453 open contracts at this strike prior to today, and today 1214 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Shares of companies in the broader semiconductor and chip sector are trading lower amid overall market weakness after Iran launched a missile attack on Israel.

On Tuesday, STMicroelectronics NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STM#NYSE">STM</a>) and Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) subsidiary Qualcomm Technologies International announced a new strategic collaboration for industrial and consumer IoT solutions augmented <a href="https://www.benzinga.com/topic/artificial-intelligence">by edge artificial intelligence</a>.
The two companies proposed integrating Qualcomm Technologies&#8217; leading AI-powered wireless connectivity technologies with the microcontroller (MCU) ecosystem from STMicroelectronics.
Remi El-Ouazzane of STMicroelectronics said: &#8220;Wireless connectivity is key to the fast pervasion of edge AI across an ever-growing variety of use cases in enterprise, industrial, and personal applications.&#8221;
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01110637/newplot.png" alt="" class="wp-image-574930" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01110637/newplot.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/01110637/newplot-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
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STMicroelectronics stock plunged over 33% in the last 12 months. 
The <a href="https://www.benzinga.com/news/earnings/24/07/39955407/tesla-apple-chip-supplier-stmicroelectronics-q2-earnings-hit-by-weakness-in-industrial-and-automoti" target="_blank" rel="noreferrer noopener">key supplier to</a> Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) clocked a 25.3% topline decline in the second quarter due to weakness in the industrial and automotive sectors. At least three Wall Street firms, including Craig-Hallum, TD Cowen, and Bernstein, <a href="https://www.benzinga.com/quote/STM/analyst-ratings" target="_blank" rel="noreferrer noopener">slashed their price targets</a> on the stock after the dismal print.
Qualcomm&nbsp;stock is up over 48%. It reported <a href="https://www.benzinga.com/news/earnings/24/07/40080595/qualcomm-q3-earnings-highlights-revenue-beat-eps-beat-strong-execution-of-our-growth-and-diversific" target="_blank" rel="noreferrer noopener">third-quarter topline</a> growth of 11%, backed by its handsets and automotive segments. In the third quarter, it bagged over ten new design wins for automotive. JPMorgan analyst Samik Chatterjee flagged growth potential by regaining market share with Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) and diversification into the automotive and IoT sectors, partially offsetting <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40898388/qualcomm-analyst-sees-opportunity-in-regaining-share-with-samsung-after-apple-reven" target="_blank" rel="noreferrer noopener">lost revenue from Apple</a>.
<a href="https://www.benzinga.com/government/24/09/41004045/whats-going-on-with-chinese-stocks-alibaba-nio-xpeng-li-auto-on-tuesday">Recently, the U.S. Fed</a>, followed by China, slashed its key rates to spur discretionary spending. Lower interest rates have the potential to drive the industrial and automotive sectors by promoting discretionary spending by the companies.
Price Actions: STM stock is down 3.48% at $28.70 at last check Tuesday. QCOM is down 2.44% at $165.73.
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Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>) announced Friday it is boosting its annual cash dividend from $4.32 to $4.52 <a href="https://www.benzinga.com/pressreleases/24/09/n41067886/honeywell-to-increase-dividend-effective-fourth-quarter-2024">per share</a><a href="https://www.benzinga.com/pressreleases/24/09/n41067886/honeywell-to-increase-dividend-effective-fourth-quarter-2024" target="_blank" rel="noreferrer noopener">.</a>
The increase would apply to the fourth-quarter dividend of $1.13 per share, payable on Dec. 6, 2024, to holders of record as of the close of business on Nov. 15.
This represented the 15th increase in 14 consecutive years.
&#8220;By further aligning our portfolio with the three compelling megatrends — automation, the future of aviation, and the energy transition — we continue accelerating progress against our disciplined commitment to deploy at least $25 billion toward dividends, acquisitions, capital expenditures and share buybacks through 2025,&#8221; said Vimal Kapur, chairman and chief executive officer of Honeywell.
Also Read: <a target="_blank" href="https://www.benzinga.com/m-a/24/09/41069587/whats-going-on-with-intel-stock-on-friday" rel="noreferrer noopener">What&#8217;s Going On With Intel Stock On Friday?</a>
According to&nbsp;<a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>, Honeywell stock gained more than 12% in the past year. Investors can gain exposure to the stock via&nbsp;Gabelli Commercial Aerospace and Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCAD#NYSE">GCAD</a>) and&nbsp;Amplify CWP Enhanced Dividend Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIVO#NYSE">DIVO</a>).
Earlier this month, the company stated it is working to develop an artificial intelligence (AI)-enabled Multi-Modal Intelligent Agent for Honeywell mobile devices powered by Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>).
The agent would allow workers and customers in the distribution center and retail industries to interact naturally with their handheld devices through voice, pictures, and barcodes.
HON Price Action: Honeywell shares are trading higher by 0.67% to $208.42 at publication Friday.
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Struggling chipmaker Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)&nbsp;continues to receive <a target="_blank" href="https://www.benzinga.com/news/24/09/40968128/qualcomm-reportedly-eyes-potential-takeover-of-intel-amid-60-stock-decline-but-antitrust-concerns-lo" rel="noreferrer noopener">takeover proposals from</a> chip companies, the latest being Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) following Qualcomm Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) proposal earlier.
Arm Holdings recently proposed to acquire Intel&#8217;s product unit. However, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-09-27/arm-rejected-by-intel-after-approaching-it-about-buying-product-unit?sref=TBDibEcD" rel="noreferrer noopener">reports</a> that Intel is not looking to sell the business division.
Intel stock plunged 31% as it failed to capitalize on the artificial intelligence shift, which is something that contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) excelled at.
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<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7.png" alt="" class="wp-image-569782" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27091711/newplot-1-7-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Meanwhile, some reports indicated Intel&#8217;s plans to convert its <a target="_blank" href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" rel="noreferrer noopener">foundry business into</a> an independent unit, including exploring a spinoff into a publicly traded company. The chipmaker also explored divesting stake in the programmable chip unit&nbsp;Altera.
However, Intel&#8217;s recent big wins included a&nbsp;U.S. chipmaking deal from&nbsp;Amazon.Com Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web services and the U.S. Chip grant.
The chipmaker also clarified that it would not divest a majority stake in the struggling <a target="_blank" href="https://www.benzinga.com/news/24/09/40941075/whats-going-on-with-autonomous-driving-stock-mobileye-thursday" rel="noreferrer noopener">Israeli autonomous driving company</a> Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), whose stock is down 66% in the last 12 months.
Intel&#8217;s exploration of stake sales to companies like Qualcomm and Arm could hinder its U.S. subsidy over antitrust grounds, the Financial Times <a target="_blank" href="https://www.ft.com/content/ff0ca77d-ad35-45ba-a493-201a26932efb" rel="noreferrer noopener">reports</a>.
Multiple deals including Nvidia&#8217;s proposal to snap Arm Holdings from&nbsp;Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) and Intel&#8217;s&nbsp;Tower Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSEM#NASDAQ">TSEM</a>) deal have succumbed to global regulatory opposition.
The semiconductor sector had a good week, buoyed by the <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41046485/whats-going-on-with-nvidia-braodcom-intel-and-other-chip-stocks-on-thursday" rel="noreferrer noopener">key rate cuts</a> in the U.S. and China, an upbeat quarterly print from Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and continued AI investments from Big Tech companies.
Semiconductor ETFs, Invesco Semiconductors ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSI#NYSE">PSI</a>) and SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>), gained 5%- 7% in the last five days.
Price Action: INTC stock is down 0.04% at $23.91 at the last check on Friday.
Photo via Shutterstock

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The quarterly performance of Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) adequately reflects that the <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41046485/whats-going-on-with-nvidia-braodcom-intel-and-other-chip-stocks-on-thursday" rel="noreferrer noopener">artificial intelligence wave</a> is in no mood to slow down in the near term.
Hyperscalers, including Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Google parent Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) remain aggressively invested in their artificial intelligence ambitions. The U.S. and China&#8217;s key rate cuts also added an additional tailwind for the capital-intensive industry.
Microsoft committed 14.7 billion Reais ($2.70 billion) over three years to Brazil&#8217;s cloud and artificial intelligence (AI) infrastructure, according to a Reuters report.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41055252/microns-ai-driven-hbm-demand-and-data-center-growth-to-fuel-stock-upside-analysts-s" rel="noreferrer noopener">Micron&#8217;s AI-Driven HBM Demand and Data Center Growth to Fuel Stock Upside, Analysts Say</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27051414/newplot-23.png" alt="" class="wp-image-569372" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27051414/newplot-23.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27051414/newplot-23-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
The company&#8217;s ConectAI program will train 5 million people with AI skills over the next three years. Microsoft already has two Azure regions: one in São Paulo state, which it launched in 2014, and another in Rio de Janeiro, which it launched in 2020.
Earlier this week, Microsoft <a target="_blank" href="https://www.benzinga.com/government/24/09/41020845/microsoft-invests-1-3b-to-boost-ai-skills-and-infrastructure-in-mexico" rel="noreferrer noopener">earmarked $1.3 billion</a> over the next three years to drive Mexico&#8217;s AI infrastructure and initiatives, including training 5 million people. Microsoft also collaborated with BlackRock, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) and other partners, forging a fresh $30 billion investment fund to <a target="_blank" href="https://www.benzinga.com/news/24/09/40909973/blackrock-microsoft-others-team-up-for-30b-artificial-intelligence-fund-help-us-fuel-ai-innovation-a" rel="noreferrer noopener">tap the AI wave</a>.
Google is eyeing a $3.3 billion investment in South Carolina to build two new data centers. The search engine giant&#8217;s plans included two new data center campuses in Dorchester County and expanding its existing data center campus in Berkeley County, Reuters cites the South Carolina governor&#8217;s office as saying.
Alphabet committed $2 billion to the Dorchester County facilities, potentially creating 200 new operational jobs. According to Reuters, the company also earmarked $1.3 billion for Berkeley County.
Another positive update for the industry is the <a target="_blank" href="https://www.ft.com/content/ff0ca77d-ad35-45ba-a493-201a26932efb" rel="noreferrer noopener">report</a> indicating struggling chipmaker Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and the U.S. government are trying to finalize the $8.5 billion in direct funding for the chipmaker before the end of the year.
Therefore, Intel&#8217;s exploration of stake sales to companies like Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) could also disrupt its chances of bagging the subsidy over antitrust grounds. Intel had already faced <a target="_blank" href="https://www.benzinga.com/m-a/24/08/40648165/intel-weighs-major-business-split-factory-delays-amid-strategic-review-report" rel="noreferrer noopener">Senator scrutiny over</a> its cost-cutting measures as the subsidy aims to create additional U.S. jobs.
Semiconductor ETFs VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) gained 5%-6% in the last 5 days.
Price Actions: INTC stock is up 1.21% to $24.21 premarket at last check on Friday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41054106/meta-analysts-highlight-ai-vr-advances-see-growth-pushing-it-toward-apple-like-valuation" target="_blank" rel="noreferrer noopener">Meta Analysts Highlight AI, VR Advances, See Growth Pushing It Toward Apple-Like Valuation</a></li>
</ul>
Image Via Shutterstock

GOOG

GOOGL

Microsoft, Google, Meta Pave Path to AI Expansion, Nvidia and Broadcom Set to Reap Benefits

Semiconductor stocks especially linked to artificial intelligence led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) are trading higher Thursday in sympathy with Micron Technology, Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>).
Micron&#8217;s upbeat fourth-quarter performance is pushing the sector higher. AI server company Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) has also gained momentum.
On Wednesday, Micron reported quarterly revenue of $7.75 billion, up by 93%, beating the&nbsp;analyst consensus of $7.64 billion. This was driven by <a target="_blank" href="https://www.benzinga.com/news/earnings/24/09/41034733/micron-q4-earnings-revenue-eps-beat-on-robust-ai-demand-company-sees-significantly-improved-profita" rel="noreferrer noopener">a strong ramp</a> of its data center DRAM and high-bandwidth memory products.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/41032464/new-broadcom-chipsets-set-to-boost-comcast-and-charter-networks-with-over-25-gbps-speed" rel="noreferrer noopener">New Broadcom Chipsets Set to Boost Comcast and Charter Networks With Over 25 Gbps Speed</a>
The upbeat quarterly prints of Nvidia, Broadcom, and Micron bear testimony to the continued AI frenzy as hyperscalers remain invested in their AI endeavors.
Some positive updates bearing testimony to continued AI momentum include Microsoft earmarking $1.3 billion to <a target="_blank" href="https://www.benzinga.com/government/24/09/41020845/microsoft-invests-1-3b-to-boost-ai-skills-and-infrastructure-in-mexico" rel="noreferrer noopener">boost AI infrastructure</a> and skills in Mexico and Taiwan Semiconductor bagging <a target="_blank" href="https://www.benzinga.com/government/24/09/41007184/taiwan-semi-secures-7-5b-boost-for-arizona-expansion-aims-for-advanced-chip-production-report" rel="noreferrer noopener">smartphone chip deals</a> from Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
BofA Securities analyst Justin Post also hailed the latest partnership between rival cloud providers Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), which can unlock demand <a target="_blank" href="https://www.benzinga.com/news/24/09/40800539/amazon-and-oracle-partnership-unlocks-major-cloud-growth-opportunity-analyst-suggests" rel="noreferrer noopener">for infrastructure and applications</a>.
Struggling chipmaker Intel&#8217;s Amazon deal and U.S. grant also <a target="_blank" href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" rel="noreferrer noopener">reflect further optimism</a>.
The semiconductor sector also benefited from the key rate cuts by the U.S. and China, which aim to <a target="_blank" href="https://www.benzinga.com/government/24/09/41004045/whats-going-on-with-chinese-stocks-alibaba-nio-xpeng-li-auto-on-tuesday" rel="noreferrer noopener">spur discretionary spending</a> by capital-intensive companies.
Price Actions: NVDA stock is up 2.51% at $126.62 premarket at last check Thursday. AMD is up 3.10% at $167.04, and INTC is up 3.70% at $24.41.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/09/41023040/nvidia-xpeng-join-alibabas-apsara-conference-to-showcase-ai-tech-advancements" target="_blank" rel="noreferrer noopener">Nvidia, XPeng Join Alibaba&#8217;s Apsara Conference to Showcase AI Tech Advancements</a></li>
</ul>
Photo via Shutterstock

Earnings

ORCL

What's Going On With Nvidia, Broadcom, Intel, And Other Chip Stocks On Thursday?

ACHR

AEHR

AMBR

ASML

AXTI

DIOD

GCTS

INDI

KLIC

LSCC

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MKSI

NVTS

RMBS

SIMO

SYNA

UCTT

Shares of semiconductor and chip stocks are trading higher following strong earnings from Micron.

LEDS

After experiencing a declining trend since its highs in 2021, Intel Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) stock is now trading at a mere 43% of its 52-week high today. While this price action could have caused most to avoid such underperformance, there are others who can spot and appreciate the deep value aspect of this steep discount, one that can be taken advantage of today.
For reasons that investors will clear up in a bit, Intel and not peers like Micron Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>) got the benefit of the doubt from the United States government in a recent grant to further build out the semiconductor supply chain domestically. The technology sector has seen major swings since COVID-19, though these two chip makers fell behind by a significant rate.
This could change for Intel stock soon; however, last week alone, it rallied by nearly 10% to end the period on a new announcement. But, before investors know which event drove the stock higher to the end of the week, they should know that the semiconductor industry could be about to shift into its sales cycle as supply tightens and margins improve for Intel.
<h2>Qualcomm&#39;s $100 Billion Starting Takeover Bid for Intel: How High Could It Go?</h2>
Considering that Intel rose to a near $100 billion market capitalization, investors could safely assume that Qualcomm Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>) has to make the starting takeover bid at this price. The fact is, however, that Intel shareholders will likely command a premium price on their holdings, especially after recent events.
So, how high can the bid go? Investors can look to Wall Street analysts for some guidance, particularly their earnings per share (EPS) growth forecasts. At $0.02 a share, analysts expect Intel to earn up to $0.23 EPS in the next 12 months.
Now that Wall Street expects Intel to see a tenfold increase in profits, analysts at Northland Securities decided to keep their &quot;Outperform&quot; rating on Intel stock and boosted their valuations to $42 a share. To prove these valuations right, Intel stock would need to rally by as much as 92.6% from where it trades today.
Despite the stock&#39;s underperformance over the past three years, Intel has managed to accumulate enough bullish trends to shake off a few bears. In the past month, Intel stock&#39;s short interest declined by 9.6%, showing signs of bearish capitulation, leaving room for bulls to take their place instead.
Some of the bulls that came in to lead the way include Legal &amp; General Group, which boosted their holdings in Intel sock by 1.3% as of August 2024. This may seem like little on a percentage basis. Still, the addition netted the Group&#39;s investment in Intel stock at a $1.2 billion level today.
However, this is only a small percentage of the $13.6 billion in institutional capital that entered the company over the past 12 months, one factor that investors should watch out for in the coming months as these takeover talks take place.
<h2>Intel Stock Gains Another Major Backer as Markets Spot a Massive Discount</h2>
Recently, the government announced another round of grants for the semiconductor industry, and this time, Intel stock earned its place in the funding list with $3.5 billion in grants. It is important for investors to keep this in mind for the following reasons.
It wasn&#39;t NVIDIA Co.&nbsp;that received these grants, and it wasn&#39;t Micron Technology that received a takeover bid from Qualcomm despite having a similar market capitalization ($100.8 billion) to Intel. This confidence from investors and the government directly adds value to the company&#39;s brand.
This news also created interest in the sock, another important gauge for investors to consider when evaluating this potential value play. Intel stock has an average volume of 57.6 million, and recently, the volume spiked to 260.4 million shares.
The combination of good news and Intel&#39;s discount caused this much volume to come into the company, showing interest from new buyers. Here&#39;s how steep of a discount Intel offers investors today, the same discount that Qualcomm probably considered when reviewing its takeover bid.
Comparing price-to-book (P/B) ratios between Intel and the computer sector would show this divergence. Intel stock now trades at a low of 0.8x P/E, a discount not only to its own book value but also to the industry&#39;s average valuation of 7.0x P/B.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/jump-on-intel-now-qualcomms-bid-could-ignite-a-rally/">Jump on Intel Now: Qualcomm&#39;s Bid Could Ignite a Rally</a>&quot; first appeared on MarketBeat.

Large Cap

Jump on Intel Now: Qualcomm's Bid Could Ignite a Rally

Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)&#8217;s annual developer conference kicked off Wednesday with a slew of new product announcements from the Facebook parent&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40989179/meta-connect-2024-preview-cheaper-vr-expected-analysts-see-augmented-reality-and-ai">California headquarters</a>.
What To Know: The Meta Connect 2024 event got started with a keynote address from CEO Mark Zuckerberg, who suggested the future has arrived.
&#8220;A lot of the stuff we&#8217;ve been talking about for a long time, glasses, mixed reality, AI, it&#8217;s happening. And we can start to see how the future of computing and the future of human connection are going to look, and it&#8217;s pretty awesome,&#8221; Zuckerberg said on stage at Menlo Park.
Zuckerberg went on to introduce new products and features focused on Meta's AR/VR platforms, the metaverse and its open source generative AI platform Llama. Here&#8217;s a look at some of the biggest announcements coming out of the event Wednesday afternoon.
Meta Quest 3S: The newest version of Meta&#8217;s Quest VR headset will come packed with features for $299.99. Several leaks had come out about the headset before the event and they appear to be accurate. 
The Quest 3S will offer the same mixed reality features and performance as the Quest 3. According to <a href="https://www.theverge.com/2024/9/25/24250234/meta-connect-rayban-glasses-orion-ai-llama">The Verge</a>, it comes packed with the same Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) Snapdragon XR2 Gen 2 chip and the same Touch Plus controllers. The new headset will offer longer battery life than its predecessor. 
&#8220;Quest is going to be able to be a natural extension of your PC,&#8221; Zuckerberg said, adding that Quest is the &#8220;best mixed reality device that you can buy today.&#8221;
Preorders for the new device open on Wednesday. The Quest 3S will begin shipping on Oct. 15. 
See Also: <a href="https://www.benzinga.com/news/24/09/41029168/meta-connect-leaks-reveal-affordable-quest-3s-batman-game-bundle-report">Meta Connect Leaks Reveal Affordable Quest 3S, Batman Game Bundle: Report</a>
Meta AI: Zuckerberg announced several new updates for Meta AI and unveiled its first open-source model capable of processing both images and text.
Meta&#8217;s new Llama 3.2 is expected to allow developers to create more advanced AI applications. It includes two vision models and two lightweight text-only models. 
Meta also announced that it&#8217;s adding conversational voice options from celebrities to its AI chatbots across its social media platforms, allowing users to talk to Meta AI and hear responses in celebrity voices such as John Cena or Kristen Bell.
Users can also submit photos to Meta&#8217;s chatbot and get answers to questions about the images.
Meta&#8217;s Ray-Ban Smart Glasses: Meta unveiled a series of new updates for its Ray-Ban smart glasses at the event. Zuckerberg also noted that the company plans to release more features in the coming months that he&#8217;s &#8220;really excited about.&#8221;
On Wednesday, Meta focused on software for the glasses that help create more real-world use cases including scanning QR codes you are looking at or calling phone numbers you see. The company also introduced a &#8220;Reminders&#8221; feature that prompts the glasses to take a photo of something and reminds you about it later on via notification.
Meta also unveiled a new limited edition transparent edition of the Ray-Ban frames and announced that it will be releasing a new range of&nbsp;transition&nbsp;lenses.
&#8220;As they get more and more useful I think a lot more people are going to want glasses that they can take indoors, outdoors, everywhere that they go. I think this is going to be a big deal,&#8221; Zuckerberg said. 
From Last Week: <a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40923222/stock-of-the-day-is-meta-on-the-brink-of-a-major-breakout">Stock Of The Day: Is Meta On The Brink Of A Major Breakout?</a>
Meta Orion: Meta also announced its new prototype holographic AR glasses called &#8220;Orion,&#8221; which Zuckerberg called &#8220;the most advanced glasses the world has ever seen.&#8221;
&#8220;This isn&#8217;t passthrough. This is the physical world with holograms laid on it,&#8221; the Meta CEO said. 
Meta&#8217;s new Orion glasses feature a completely new type of display architecture. It&#8217;s not actually a screen that you are looking at, Zuckerberg said. 
Users will be able to interact with the AR glasses using their voice through <a href="http://benzinga.com/topic/ai">AI</a> and eyes and hands, but also through a neural interface that connects with a wristband.
&#8220;With Orion we are getting closer to achieving the dream of <a href="https://www.benzinga.com/general/gaming/24/08/40423966/gta-san-andreas-vr-on-hold-as-meta-reality-labs-reckons-with-16b-in-losses">Reality Labs</a>, to create the next great computing platform that delivers a deep sense of presence like you are right there with another person. This is where we are going,&#8221; Zuckerberg said.
META Price Action: <a href="http://benzinga.com/quote/meta">Meta shares</a> were up 2.11% at $575.37 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/41020937/us-stocks-may-stall-after-s-p-500-hits-another-record-micron-earnings-meta-connect-on-traders-radar">US Stocks May Stall After S&amp;P 500 Hits Another Record; Micron Earnings, Meta Connect On Traders&#8217; Radar: Why This Strategist Is Optimistic About Q4</a></li>
</ul>
Photo of Meta Orion augmented reality glasses courtesy of the company.

Events

Meta Unveils New AI Features, Quest 3S, Llama 3.2, Holographic Orion Glasses At Connect 2024: 'We Are Getting Closer To Achieving The Dream Of Reality Labs'

Meta Platforms, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is due to kick off its Connect 2024 event on Wednesday at 1 pm ET.
The company will live-stream the event on the&nbsp;<a target="_blank" href="https://www.facebook.com/MetaforDevelopers/" rel="noreferrer noopener">&#8216;Meta for Developers&#8217;</a>&nbsp;<a target="_blank" href="https://indianexpress.com/about/facebook/" rel="noreferrer noopener">Facebook</a> page with plans to showcase its mixed-reality headsets, smart glasses, and AI software updates.
Prior reports indicated Quest 3S device for $299.99 and Ray-Ban Meta smart glasses.
Related: <a target="_blank" href="https://www.benzinga.com/news/24/08/40545520/metas-apple-vision-pro-rival-reportedly-canceled-after-a-review-meeting-between-mark-zuckerberg-cto" rel="noreferrer noopener">Meta&#8217;s Apple Vision Pro Rival Reportedly Canceled After A Review Meeting Between Mark Zuckerberg, CTO Andrew Bosworth, And Others: &#8216;Decisions Like This Happen All The Time…&#8217;</a>
Bank of America analyst Justin Post and Rosenblatt analyst Barton Crockett expect a <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40989179/meta-connect-2024-preview-cheaper-vr-expected-analysts-see-augmented-reality-and-ai" rel="noreferrer noopener">cheaper virtual reality headset</a>. They eye a prototype of next-gen AR glasses with a bigger focus on mixed reality and augmented reality.
They expect AI product launches for core apps, announcements on Meta AI, new AI messaging capabilities, and an AI subscription product.
According to a Tom&#8217;s Guide <a target="_blank" href="https://www.tomsguide.com/computing/vr-ar/meta-quest-3s-key-specs-just-leaked-right-before-meta-connect-event" rel="noreferrer noopener">report</a>, a Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) store display reveals details about the affordable headset, including its resolution, bundled controllers, and a copy of Batman: Arkham Shadow. The headset could include both controllers and a game.
The headset display highlights a resolution of 1,832 x 1,920 per eye, lower than the higher-end Quest 3&#8217;s 4K displays. It also features 256GB storage, up from prior expectations of 128GB, as per Tom&#8217;s Guide.
The higher storage could cost $50-$100 more. The leak notes that the more expensive Quest 3 will only include the game. Meta Connect could also finally provide an official launch date for Batman: Arkham Shadow per Tom&#8217;s Guide conjecture.
Last year, at Connect 2023, Meta <a target="_blank" href="https://indianexpress.com/article/technology/tech-news-technology/meta-connect-2024-live-updates-mark-zuckerberg-9587477/" rel="noreferrer noopener">unveiled the Quest 3</a> mixed-reality headset powered by Qualcomm Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) Snapdragon XR2 Gen 2 chip with a Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) 365 integration.
The company also launched Ray-Ban smart glasses featuring a 2MP wide-angle camera, five mics, and built-in speakers. Connect 2023 also witnessed the debut of Meta AI and the revelation that Xbox Cloud Gaming was coming to Quest 3.
One of the most hyped and premium AR/VR headsets, Apple Vision Pro, is also having trouble justifying <a target="_blank" href="https://www.benzinga.com/news/24/07/39747111/apples-vision-pro-struggles-to-find-its-killer-app-to-justify-3-500-price-tag-just-not-quite-hit-the" rel="noreferrer noopener">its $3,500 price tag</a>. Vision Pro's launch has been slower than anticipated due to developers dedicating their resources to platforms with billions of users.
Price Action: META stock is up 1.29% at $570.67 at the last check on Wednesday.
Meta Quest 3 Image via Shutterstock

Meta Connect Leaks Reveal Affordable Quest 3S, Batman Game Bundle: Report

Years ago, President Trump talked about a change in tax rates that he described as &ldquo;big league&rdquo;. It was misinterpreted as &ldquo;bigly&rdquo; and a new word entered the lexicon. Last week, the Fed pivoted and cut the fed funds rate. This cut was more than two years after Fed doves and asset gatherers started begging for a return to zero interest rates. The Fed was too late for them and too early for my liking. They went for the 50bp cut, a bigly move. Those who disagree with me about the Fed will find their proof in weaker than expected results from shipper, FedEx (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fdx#NYSE">FDX</a>). Intel (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) makes the smart move to separate their foundry business and gets a $3B government contract (and a potential buyout). Despite being a free market advocate, I think this was a good move for all involved. We discuss how Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is a short-term proxy for the NASDAQ and a long-term hedge against inflation. Finally, Learn Wall Street gives the smart advice to do substantial research before investing and we provide two examples of why that&rsquo;s important.
This week, we&rsquo;ll address the following topics:
<ul>
<li>
The Federal Reserve pivots and cuts the fed funds rate by 50bp. More cuts on the way.
</li>
<li>
Lower rates mean more inflation which means reduced purchasing power for the dollar. Bitcoin rises on expectations for a weaker dollar.
</li>
<li>
Intel restructures and gets a big government contract. After weeks of criticizing Intel, DKI approves.
</li>
<li>
FedEx&nbsp;misses bigly supporting the decision of the Fed to cut.
</li>
<li>
If someone tells you there&rsquo;s gold underground, how do you know there&rsquo;s gold?
</li>
</ul>
Alex Petrou and Andrew Brown come through bigly delivering an almost-completed version of this week&rsquo;s 5 Things by Thursday night. Fantastic work as usual. Next week&rsquo;s 5 Things will not include the word &ldquo;bigly&rdquo;. In order to remain non-partisan, will we include the term &ldquo;unburdened by what has been&rdquo;? Probably not, but check in with us just to be certain.
Ready for a new week of big rate cuts and more inflation? Let&rsquo;s dive in:
<ul>
<li>
<a href="https://www.youtube.com/watch?v=-7aIf1YnbbU&amp;t=10s">The Fed Pivot is Here</a>:
</li>
</ul>
The Federal Reserve completed its September meeting and decided to cut the fed funds rate by 50bp (.50%). The market knew the Fed would pivot and cut at this meeting. There was debate regarding the size of the cut. I had expected 25bp (.25%). The doves in the crowd calling for the larger 50bp cut were correct. The Fed will continue its monthly quantitative tightening and will continue to shrink the size of its balance sheet (for now). Given the weaker employment data and the public comments by Chairman Powell, I&rsquo;m not surprised the Fed cut (no one is surprised at this point). I&rsquo;m a bit surprised by the larger 50bp cut because the Fed tries to appear non-partisan and non-political in its actions. Today&rsquo;s larger cut just 6 weeks before the November elections give the appearance that they&rsquo;re trying to help Democratic candidates. Public cries for a 75bp cut from prominent Democratic politicians did not help this perception.
<img alt="70s_inflation_comparison.jpg" src="https://www.benzinga.com/files/images/2024/September/25/70s_inflation_comparison.jpg" style="height:381px; width:624px" />
For those of you who were cheering for rate cuts, please look at this chart.
DKI Takeaway: I&rsquo;m probably in the minority here, but think this cut is unwise. While many claim that the US economy is already in recession, I&rsquo;m concerned that inflation is still above the 2% target and retail sales remain strong. There are still almost 8MM jobs available which is more than the number of people seeking jobs. Most importantly, Congress is still engaging in trillions of dollars of annual inflation-causing stimulus spending. (For those of you on team red or team blue, I&rsquo;m sorry to report that overspending is a bipartisan problem.) Check out the graph for this Thing where we compare the inflation of the 1960s and 1970s with the more recent numbers. You can see where former Fed Chairman, Arthur Burns, eased rates prematurely leading to a resurgence of inflation. It looks like the Powell-led Fed just made the same decision. In the end, my opinion of the wisdom of the actions of the Fed is not relevant. We get the market and conditions we get, not the ones we want. As usual, DKI will invest based on the market we have. Our portfolio is well-prepared for higher inflation over the next few years. It&rsquo;s also important to note that recent DKI stock picks are high potential-return companies that I believe won&rsquo;t be economically sensitive and can continue to grow revenue at a high level regardless of future Fed actions.
<ul>
<li>
Bitcoin Update:
</li>
</ul>
Since hitting its all-time high in March, Bitcoin has been moving sideways (really up and down), but MicroStrategy (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mstr#NASDAQ">MSTR</a>) is still buying. Recently, they raised $750 million through a convertible debt offering right after purchasing $1.1 billion of Bitcoin (18,300 BTC). The strategy is clear: stack BTC while the opportunity is still there. With the Fed cutting rates, rising inflation, and the dollar losing purchasing power, Bitcoin&rsquo;s long-term appeal as a hedge against currency debasement is becoming more important than ever. With more money printing on the horizon, Bitcoin should thrive as traditional currencies continue to lose value.
<img alt="blackrock_bitcoin.jpeg" src="https://www.benzinga.com/files/images/2024/September/25/blackrock_bitcoin.jpeg" style="height:450px; width:447px" />
BlackRock was against Bitcoin before figuring out how to make money from it.
DKI Takeaway: In the short term, Bitcoin is still behaving as a high-beta proxy for tech stocks like the Nasdaq&rsquo;s Invesco QQQ Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>)&mdash;rising sharply when tech rallies and crashing hard when sentiment sours. Following the recent Fed meeting, Bitcoin jumped from $59,000 to $63,500, reflecting this tech-driven volatility. Meanwhile, BlackRock released a whitepaper titled &quot;Bitcoin: A Unique Diversifier&quot;, outlining Bitcoin&rsquo;s growing role as a non-correlated asset and stressing its importance given the looming US debt crisis. With the US debt ballooning and dollar value at risk, Bitcoin is increasingly being seen as a critical asset in a diversified portfolio, unshackled from traditional market forces. DKI has owned and recommended Bitcoin since it was $15k.
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Intel Fights Back:
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As previously reported by DKI, Intel has faced challenges in recent weeks, struggling with negative headlines related to chip malfunctions. The company is having manufacturing issues and has fallen behind in power efficiency and AI-related GPUs. However, this week brought positive news from CEO Pat Gelsinger. Gelsinger announced that Intel&rsquo;s Foundry business will be restructured as a subsidiary with its own board, allowing it to raise external capital independently. He also hinted at a potential future spinoff of this division, which serves as a manufacturing partner for tech companies developing new products. In addition, the Foundry unit has entered a partnership with Amazon Web Services (AWS) to produce custom chips. Another significant development is the $3 billion in direct federal funding Intel secured for their Secure Enclave Program.
<img alt="intel.jpg" src="https://www.benzinga.com/files/images/2024/September/25/intel.jpg" style="height:371px; width:624px" />
It&#39;s been a rough year for Intel, but the takeover talk helped the stock price.
DKI Takeaway: Intel has struggled for the past few years. Their decline began in 2020 when Apple (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) decided to move away from Intel&#39;s chips in favor of its own M series. However, this week&#39;s announcements could signal a turning point. With ongoing layoffs and the separation of their business units, the company is positioning itself for greater efficiency. The $3 billion government order is a significant boost for both the company and national security. In today&rsquo;s world, chips are essential, and an inability of the U.S. to domestically produce and develop them poses a national security risk. While DKI generally advises against additional government intervention in the economy, this is one of the rare instances where national security considerations outweigh concerns over government spending. As we were finalizing this week&rsquo;s 5 things, Qualcom (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>) announced they are interested in buying Intel. We&rsquo;ll probably have more on that next week.
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FedEx&nbsp;Earnings Disappoints and Validates the Federal Reserve:
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On Thursday, FedEx reported disappointing earnings, with revenue of $21.6 billion falling short of the projected $21.9 billion. The company also posted earnings per share of $3.60, well below the expected $4.77. Management cited a &ldquo;mix shift&rdquo; that &ldquo;reduced demand for priority services,&rdquo; which constrained yield growth. Additionally, they revised guidance, lowering revenue growth projections from low-to-mid single digits to low single digits and adjusting fiscal 2025 EPS expectations to $20-$21, down from the previous range of $20-$22.
<img alt="fedex_stock_price_-_september_20th_2024.jpg" src="https://www.benzinga.com/files/images/2024/September/25/fedex_stock_price_-_september_20th_2024.jpg" style="height:375px; width:624px" />
Lack of shipping demand supports the Fed decision to cut.
DKI Takeaway: FedEx&rsquo;s earnings are closely tied to retail performance, as the company supports major retailers like Walmart, Target, and Home Depot. Recently, FedEx reduced its end-of-year guidance, mirroring similar actions by these retail giants. This signals a slowdown in consumer spending and increasing unemployment, key factors influencing Fed Chair Powell&rsquo;s decision to adjust policy. The disappointing earnings report led to an 11% drop in FedEx&rsquo;s stock during after-hours trading, reflecting investor concerns about the broader economic outlook affirming the Fed&rsquo;s decision to make a larger cut in the fed funds rate. DKI has disagreed with the Fed decision to cut by 50bp. If you disagree with us, weak demand at $FDX is a good place to start.
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Gold/Investment Research:&nbsp;
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As usual, our friends at <a href="https://learnwallstreet.org/">Learn Wall Street</a> make an important point about doing proper research before investing. It might be fun to buy the latest meme stock on its way &ldquo;to the moon&rdquo; as a get rich quick and easy scheme, but the market has a way of punishing those who want to avoid doing hard work. Back in the 1990&rsquo;s, Canadian mining company, Bre-X Minerals, <a href="https://www.bbc.com/news/world-us-canada-68987824">claimed it had found a huge amount of gold</a> in the Indonesian jungle. Bre-X stock rose from $.20 to $280 (Canadian dollars). Skipping ahead, there was no gold. It turns out core samples were &ldquo;salted&rdquo; meaning gold from another location was sprinkled into samples to provide the false impression of a big gold find. There was no gold. Investors lost their money. And the chief geologist (or someone who looked like him) exited a helicopter in flight. It was a terrible outcome for everyone involved.&nbsp;
<img alt="learn_wall_street_research.jpeg" src="https://www.benzinga.com/files/images/2024/September/25/learn_wall_street_research.jpeg" style="height:624px; width:624px" />
Image Credit: <a href="https://x.com/LearnWllStreet/status/1808149286623793607/photo/1">Learn Wall Street</a>
DKI Takeaway: In 2012, I attended an investment conference where a prominent hedge fund manager extoled the virtues of Viacom. At the time, most big hedge funds had huge positions in Viacom, CBS, and Disney which owned ABC and ESPN. After a week of research, I went back to a friend at a multi-billion-dollar fund which owned Viacom. I asked how he got comfortable with the risk of streaming television, YouTube, Hulu, Netflix, piracy, and DVR-powered commercial avoidance. His answer was &ldquo;I haven&rsquo;t thought about it.&rdquo; Raji and I wrote a white paper called <a href="https://deepknowledgeinvesting.com/tv-is-next/">TV is Next</a> where we correctly predicted the downfall of the traditional television model due to now-common streaming. The linear television stocks got crushed in the coming years while Netflix grew its stock price and market cap to $300 billion. The tl;dr version: if a company or a smart investor tells you something, it&rsquo;s worth the time to do your own research and come to your own conclusion.
Information contained in this report, and in each of its reports, is believed by Deep Knowledge Investing (&ldquo;DKI&rdquo;) to be accurate and/or derived from sources which it believes to be reliable; however, such information is presented without warranty of any kind, whether express or implied.&nbsp; DKI makes no representation as to the completeness, timeliness, accuracy or soundness of the information and opinions contained therein or regarding any results that may be obtained from their use.&nbsp;The information and opinions contained in this report and in each of our reports and all other DKI Services shall not obligate DKI to provide updated or similar information in the future, except to the extent it is required by law to do so.&nbsp;
The information we provide in this and in each of our reports, is publicly available. This report and each of our reports are neither an offer nor a solicitation to buy or sell securities. All expressions of opinion in this and in each of our reports are precisely that. Our opinions are subject to change, which DKI may not convey. DKI, affiliates of DKI or its principal or others associated with DKI may have, taken or sold, or may in the future take or sell positions in securities of companies about which we write, without disclosing any such transactions.
None of the information we provide or the opinions we express, including those in this report, or in any of our reports, are advice of any kind, including, without limitation, advice that investment in a company&rsquo;s securities is prudent or suitable for any investor. In making any investment decision, each investor should consult with and rely on his or its own investigation, due diligence and the recommendations of investment professionals whom the investor has engaged for that purpose.&nbsp;
In no event shall DKI be liable, based on this or any of its reports, or on any information or opinions DKI expresses or provides for any losses or damages of any kind or nature including, without limitation, costs, liabilities, trading losses, expenses (including, without limitation, attorneys&rsquo; fees), direct, indirect, punitive, incidental, special or consequential damages.

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Intel, Nvidia, Micron lead chip sell-off as geopolitical tensions increase

The semiconductor industry is on the rise owing to the increasing demand, technological progress, and government investments. Thus, investors could consider investing in Taiwan Semiconductor (TSM), Qorvo (QRVO), and QUALCOMM (QCOM) to capitalize on the sector's growth before the next chip shortage. Read more… The global semiconductor industry is growing with rising electronics use and integration across applications such as networking communication devices, data processing, industrial automation, consumer electronics, automotive, and government projects. However, as the threat of a chip shortage looms, the industry might be in a challenging state.
Amid this backdrop, it could be wise to invest in fundamentally robust semiconductor stocks Taiwan Semiconductor Manufacturing Company Limited (<a href="https://stocknews.com/stock/TSM/">TSM</a>), Qorvo, Inc. (<a href="https://stocknews.com/stock/QRVO/">QRVO</a>), and QUALCOMM Incorporated (<a href="https://stocknews.com/stock/QCOM/">QCOM</a>) before the next chip shortage. The stocks are positioned for significant growth in the near future.
The semiconductor industry is experiencing rapid expansion owing to technological transformations across sectors. Key technologies such as Artificial intelligence (AI), Machine Learning (ML), cloud computing, 5G networks, autonomous vehicles, and big data analytics that rely heavily on semiconductor components are driving the industry growth.
Due to such massive demands, a shortage of semiconductor chips is expected soon. According to a report by <a href="https://www.bain.com/insights/prepare-for-the-coming-ai-chip-shortage-tech-report-2024/">Bain and Company</a>, an AI-driven surge in demand for graphics processing units alone could increase total demand for certain components by 30% or more by 2026. That along with geopolitical tensions and surge in demand of AI-enabled devices could likely trigger the next chip shortage.
That being said, the Semiconductor Industry Association (SIA) reported that global semiconductor industry sales totaled <a href="https://www.semiconductors.org/global-semiconductor-sales-increase-18-3-in-q2-2024-compared-to-q2-2023-quarter-to-quarter-sales-up-6-5/">$149.9 billion</a> during the second quarter of 2024, an 18.3% increase compared to the second quarter of 2023. Sales in June 2024 were $50.0 billion, a 1.7% increase compared to May 2024.
Looking ahead to 2025, the World Semiconductor Trade Statistics (WSTS) forecasts <a href="https://www.wsts.org/esraCMS/extension/media/f/WST/6558/WSTS_FC-Release-2024_05.pdf">a 12.5% growth</a> in the global semiconductor market, reaching an estimated valuation of $687 billion. This growth is expected primarily by the Memory and Logic sectors, with significant increases projected.
Moreover, government initiatives are further boosting the sector's growth prospects. <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/09/fact-sheet-chips-and-science-act-will-lower-costs-create-jobs-strengthen-supply-chains-and-counter-china/">The CHIPS and Science Act</a> aims to strengthen U.S. semiconductor manufacturing, boost domestic production, and reduce supply chain vulnerabilities by investing in American chip-making capabilities.
Thus, by investing in these three stocks, one could capitalize on the current growth potential. As demand rises and technological advancements continue, these companies are well-positioned to benefit from the expanding semiconductor industry and are likely to deliver strong returns in the near future.
Considering these trends, let's analyze the fundamentals of three <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stocks, beginning with #3.
Stock #3: Taiwan Semiconductor Manufacturing Company Limited (<a href="https://stocknews.com/stock/TSM/">TSM</a>)
Headquartered in Hsinchu City, Taiwan, TSM manufactures, packages, tests, and sells integrated circuits and other semiconductor devices internationally. The company provides a range of wafer fabrication processes and also offers customer and engineering support services.
On August 20, ESMC, a joint venture between TSM, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V., <a href="https://pr.tsmc.com/english/news/3169">announced a ceremony</a> to mark the initial phase of land preparation for the joint venture's first semiconductor lab in Dresden, Germany.
With this new venture, TSM would be able to expand its market exposure and business operations.
TSM's net revenue increased 40.1% year-over-year to $20.82 billion for the fiscal 2024 second quarter that ended June 30. Its gross profit grew 37.6% from the year-ago value to $11.07 billion. The company's income from operations of $8.86 billion indicates growth of 41.9% from the prior year's quarter.
In addition, the company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and EPS rose 36.3% and 36.4% year-over-year to $7.66 billion and $0.30, respectively.
Analysts expect TSM's revenue for the fiscal third quarter ending in September 2024 to increase 38.1% year-over-year to $23.33 billion. Its EPS for the ongoing quarter is expected to grow 37.9% from the prior year's period to $1.78. Moreover, the company topped the consensus revenue and EPS estimates in all four trailing quarters.
TSM's shares have gained 32.1% over the past six months and 118.1% over the past year to close the last trading session at $188.19.
TSM's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
It has an A grade for Quality and a B for Sentiment. TSM is ranked #11 out of 91 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry.
In addition to the POWR Ratings we've stated above, we also have TSM's ratings for Growth, Momentum, Value, and Stability. Get all TSM ratings <a href="https://stocknews.com/stock/TSM/">here</a>.
Stock #2: Qorvo, Inc. (<a href="https://stocknews.com/stock/QRVO/">QRVO</a>)
QRVO develops and commercializes technologies for wireless, wired, and power markets. The company's operations span three segments: High Performance Analog (HPA); Connectivity and Sensors Group (CSG); and Advanced Cellular Group (ACG). It also offers foundry services for defense and aerospace clients.
On January 31, QRVO <a href="https://ir.qorvo.com/news-releases/news-release-details/qorvor-acquire-anokiwave">announced a definitive agreement</a> to acquire Anokiwave, a supplier of high-performance silicon integrated circuits for intelligent active array antennas used in defense, SATCOM, and 5G applications. Anokiwave's high-frequency beamforming and IF-to-RF conversion ICs would complement QRVO's existing RF front-end portfolio.
The combination of QRVO's capabilities with Anokiwave's technology would enable QRVO to deliver highly integrated solutions and SiPs for defense, aerospace, and network infrastructure.
QRVO's revenue for the fiscal 2025 first quarter, which ended on June 29, 2024, increased 36.2% year-over-year to $886.67 million. Its non-GAAP operating income rose 110.1% year-over-year to $98.13 million.
Additionally, the company's non-GAAP net income amounted to $83.52 million, or $0.87 per share, up 148.5% and 155.9% year-over-year, respectively.
QRVO <a href="https://ir.qorvo.com/news-releases/news-release-details/qorvor-announces-fiscal-2025-first-quarter-financial-results">exceeded its June quarterly guidance</a> for revenue, gross margin, and EPS. Looking forward, the company expects sequential increases for the same.
For the September 2024 quarter, QRVO projects revenue of approximately $1.025 billion, with a potential leeway of $25 million. Non-GAAP gross margin is expected to be between 46% and 47%, while non-GAAP diluted earnings per share are forecasted to be between $1.75 and $1.95.
Street expects QRVO's revenue and EPS for the next fiscal year ending in March 2026 to increase 8% and 28.3% year-over-year to $4.27 billion and $7.97, respectively. Moreover, the company has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Shares of QRVO have gained 7.8% over the past year to close the last trading session at $104.05.
QRVO's promising outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
QRVO has a B grade for Growth, Sentiment, Value, and Quality. It is ranked #3 out of 91 stocks within the same industry.
Beyond what we stated above, we have also given QRVO grades for Momentum and Stability. Get all the QRVO's ratings <a href="https://stocknews.com/stock/QRVO/">here</a>.
Stock #1: QUALCOMM Incorporated (<a href="https://stocknews.com/stock/QCOM/">QCOM</a>)
QCOM develops and commercializes wireless technologies like 3G, 4G, and 5G, as well as high-performance computing and artificial intelligence. Its segments include Qualcomm CDMA Technologies; Qualcomm Technology Licensing; and Qualcomm Strategic Initiatives.
On September 11, QCOM's subsidiary Qualcomm Technologies, Inc. <a href="https://www.qualcomm.com/news/releases/2024/09/qualcomm--aramco-and-rdia-plan-design-in-saudi-arabia-startup-pr">announced the launch</a> of Design in Saudi Arabia (DISA) along with Aramco and Saudi Arabia's Research, Development, and Innovation Authority (RDIA).
With the help of QCOM's utilities, DISA is aimed at supporting startups that are adopting AI, the Internet of Things (IoT), and wireless technologies for industrial use cases. The development would help QCOM spread its business worldwide and gather more market exposure.
QCOM's revenues for the fiscal 2024 third quarter, which ended June 23, increased 11.2% year-over-year to $9.39 billion. The company reported a non-GAAP operating income of $3.02 billion, indicating a 19.7% growth from the prior year's quarter.
QCOM's non-GAAP net income came in at $2.65 billion, up 25.8% year-over-year, while its non-GAAP EPS grew 24.6% from the prior-year quarter to $2.33.
The consensus revenue and EPS estimates of $9.86 billion and $2.55 for the fiscal fourth quarter ending September 2024 reflect a rise of 13.8% and 26.1% year-over-year, respectively. Furthermore, the company topped the consensus revenue and EPS estimates in all of the four trailing quarters.
QCOM shares have surged 19.8% over the past nine months and 55.6% over the past year to close the last trading session at $171.78.
QCOM's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
QCOM has an A grade for Quality. It has topped the 91-stock Semiconductor &amp; Wireless Chip industry.
<a href="https://stocknews.com/stock/QCOM/">Click here</a> to see QCOM's ratings for Growth, Value, Momentum, Stability, and Sentiment.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

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TSM shares were trading at $186.68 per share on Thursday morning, up $4.33 (+2.37%). Year-to-date, TSM has gained 81.05%, versus a 21.87% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/tsm-qcom-qrvo-3-semiconductor-stocks-to-buy-before-the-next-chip-shortage/>3 Semiconductor Stocks to Buy Before the Next Chip Shortage</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Semiconductor Stocks to Buy Before the Next Chip Shortage

The semiconductor industry is thriving due to rising chip requirements from different sectors and conducive government policies. Amid this, let's compare semiconductor stocks QUALCOMM (QCOM) and Texas Instruments (TXN) to analyze which semiconductor stock offers more chip power. Read on to find out… The extensive usage of semiconductors in a wide range of end-use applications such as electronics, industrial equipment, automotive, networking and communications, and data processing is the major factor that boosts the growth of the global semiconductors market. The global semiconductor market is poised to grow at a <a href="https://www.precedenceresearch.com/semiconductor-market">CAGR of 7.6%</a> by 2033.
Since introducing the CHIPS Act in Congress, companies within the semiconductor industry have unveiled over 90 new manufacturing projects in the United States, representing <a href="https://www.semiconductors.org/2024-state-of-the-industry-report-underscores-opportunities-and-challenges-for-u-s-chip-industry/">nearly $450 billion in investments across 28 states</a>.
These projects are expected to generate tens of thousands of direct jobs and support hundreds of thousands more across the U.S. economy. This shows how important semiconductor chips have become in the modern economic backdrop.
Against this backdrop, let's compare two established semiconductor stocks to analyze which semiconductor stock offers more chip power: QUALCOMM Incorporated (<a href="https://stocknews.com/stock/QCOM/">QCOM</a>) and Texas Instruments Incorporated (<a href="https://stocknews.com/stock/TXN/">TXN</a>).
The Case for QUALCOMM Incorporated Stock
With a $184.88 billion market cap, QUALCOMM Incorporated (<a href="https://stocknews.com/stock/QCOM/">QCOM</a>) engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). 
QCOM's stock has gained 15.7% over the past nine months and 54.1% over the past year to close the last trading session at $165.96.
QCOM's forward <a href="https://www.investopedia.com/terms/e/ev-ebitda.asp">EV/EBITDA</a> of 12.77x is 11% lower than the industry average of 14.35x. Its forward EV/EBIT multiple of 14.51 is 27.8% lower than the industry average of 20.11.
QCOM's total revenues for the fiscal third quarter that ended on June 30, 2024, amounted to $9.39 billion, increased 11.1% year-over-year, while the company's net income and EPS came in at $2.13 billion and $1.88, increased 18.3% and 17.5%, respectively.
Analysts expect QCOM's revenue for the fourth quarter (ending September 2024) to increase 13.8% year-over-year to $9.86 billion. Likewise, its EPS for the same quarter is projected to grow 26.1% year-over-year to $2.55. Moreover, the company has topped consensus revenue and EPS estimates in each of the trailing four quarters, which is excellent.
QCOM's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has an A grade for Quality. SKX is ranked first out of 91 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry.
In addition to the POWR Ratings I've just highlighted, you can see QCOM's ratings for Growth, Momentum, Value, Sentiment, and Stability <a href="https://stocknews.com/stock/QCOM/">here</a>.
The Case for Texas Instruments Incorporated Stock
Valued at $186.12 billion by market cap, Texas Instruments Incorporated (<a href="https://stocknews.com/stock/TXN/">TXN</a>) designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments.
TXN's stock has gained 18.2% over the past six months to close the last trading session at $203.85. However, over the past month, the stock has declined 2.9%.
TXN's forward EV/EBIT of 34.98x is 74% higher than the industry average of 20.11x.
TXN's revenues for the fiscal second quarter ended June 30, 2024, decreased 15.6% year-over-year to $3.82 billion. its gross profit declined 24% year-over-year to $2.22 billion. Additionally, the company's net income and EPS decreased 34.6% and 34.8% over the year-ago quarter, reaching $1.13 billion and $1.22, respectively.
Analysts expect TXN's EPS for the quarter ending September 2024 to decrease 23.8% year-over-year to $1.41, while its revenue for fiscal 2025 is expected to increase 14.2% year-over-year to $17.97 billion.
TXN's mixed fundamentals are reflected in its POWR Ratings. The stock has an overall C rating, translating to Neutral in our proprietary rating system.
TXN has a C grade for Stability and Momentum. It is ranked #60 among 91 stocks in the same industry.
<a href="https://stocknews.com/stock/TXN/">Click here</a> for the additional POWR Ratings for TXN (Quality, Value, Sentiment, and Growth).
QUALCOMM (QCOM) vs. Texas Instruments (TXN): Which Semiconductor Stock Offers More Chip Power?
As semiconductors become more advanced, they enable greater performance in critical technologies like AI, 5G, cloud computing, and electric vehicles. These chips power everything from smartphones to data centers, making them essential for technological innovation.
As demand for faster, smaller, and more energy-efficient devices grows, the semiconductor industry expands to meet these needs, driving both technological and economic growth.
Leading semiconductor companies QCOM and TXN stand to capitalize on the optimistic industry outlook. However, QCOM's strong financial performance, lower valuation, and promising near-term outlook favor it as the better semiconductor stock pick.
Our research shows that the odds of success increase when one invests in stocks with an Overall Rating of Strong Buy or Buy. View all the top-rated stocks in the Semiconductor &amp; Wireless Chip industry <a href="https://stocknews.com/category/semiconductor-wireless-chip/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
QCOM shares were trading at $166.74 per share on Tuesday afternoon, up $0.78 (+0.47%). Year-to-date, QCOM has gained 16.95%, versus a 20.78% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/qcom-txn-qualcomm-qcom-vs-texas-instruments-txn-which-semiconductor-stock-offers/>QUALCOMM (QCOM) vs. Texas Instruments (TXN): Which Semiconductor Stock Offers More Chip Power?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

QUALCOMM (QCOM) vs. Texas Instruments (TXN): Which Semiconductor Stock Offers More Chip Power?

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VUZI

Analog Devices

Astera Labs

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

Comments

Qualcomm

매도 수량

Qualcomm (NASDAQ:QCOM) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

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파트너 / 기고자

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