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The Latest Breaking News from Tristan Gerra

Graphic Chip Price Drop Raises Questions on Whether End of Shortage Is in Sight

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how…

Asharq Al-Awsat

Nvidia Is Piling Up Some Very Bad News

The semiconductor maker is going through a tough time as recession fears persist.

The Street

Nvidia Shares Drop As Baird Cuts Price Target By 38%; Downgrades To Neutral

Baird analyst Tristan Gerra downgraded NVIDIA Corp (NASDAQ:NVDA) to Neutral from Outperform with a price target of $225, down from $360. The price target implied a downside of 2.7%. Gerra contended that order cancellations recently started in consumer GPUs due to excess inventories, a slowdown in consumer demand and PC demand, and the Russia embargo. Also…

Benzinga

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Read How Analysts Reacted To Broadcom's Q1 Results

Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform. The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…

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