The Latest Breaking News from Kevin Cassidy

Super Micro stock has soared in recent sessions on news it’s adding Intel’s Xeon 6 to its servers. But analysts continue to see significant further upside in SMCI shares.

In the preceding three months, 5 analysts have released ratings for Adeia (NASDAQ:ADEA), presenting a wide array of perspectives from bullish to bearish.

Nvidia stock wavered on a report that Amazon had halted orders of Nvidia's current data center processors to wait for a more powerful model later this year.

Arm stock continued its steep ascent on Monday, surging along with fellow AI stocks Nvidia and Super Micro Computer.

Among the top stocks to watch, chip stock Rambus is approaching a new buy point in today's stock market action.

Fourth-quarter earnings season for semiconductor stocks continues to be a mixed bag. Rambus stock fell while Skyworks stock rose Tuesday.

Ambarella, Inc (NASDAQ: AMBA) clocked 2

Rosenblatt analyst Kevin Cassidy highlighted some key takeaways from last week's semiconductor earnings. Last week's earnings reports made it clear that companies exposed to the higher-end of markets saw their earnings holding up better. 

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

Analysts sized up the third-quarter results from Qualcomm Inc (NASDAQ: QCOM) and what the fourth-quarter guidance could mean for the company and its share price.

Seagate Technology Holdings PLC (NASDAQ: STX) reported its quarterly revenue at $2.6 billion, down 13% year-on-year, and non-GAAP profits at $1.59 per share, with both metrics below Street expectations. The company’s projection was $1.90 a share.