Chipmakers
ADVANCED MICRO DEVICES $AMD | CHIP STOCKS FALL DOWN Dec11'24ADVANCED MICRO DEVICES NASDAQ:AMD | CHIP STOCKS FALL Dec11'24
NASDAQ:AMD BUY/LONG ZONE (GREEN): $141.50 - $166.50
NASDAQ:AMD DO NOT TRADE/DNT ZONE (WHITE): $134.50 - $141.50
NASDAQ:AMD SELL/SHORT ZONE (RED): $110.00 - $134.50
NASDAQ:AMD Trends:
NASDAQ:AMD Weekly Trend: Bearish
NASDAQ:AMD Daily Trend: Bearish
NASDAQ:AMD 4H Trend: Bearish
NASDAQ:AMD 1H Trend: Bearish
NASDAQ:AMD Oct29 earnings release started bearish trend. Bears should start targeting the previous quarter's lows. Price is currently breaking my indicator's range to the downside, and all display indicators are pointing to a bearish trend for $amd. Recently, bearish momentum breaks down from the DNT range this week.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, advancedmicrodevices, amd, NASDAQ:AMD , chipstocks, microchips, microchipdevices, google, googledrive, googlechip, googlesupercomputer, smci, supermicro, nvda, nvidia, nasdaq, ndq, qqq, techstocks,
chip stocks still shocked but uptrend intactid still not short this stock and look to buy higher lows in this and other semiconductor names. the tech rally and ai boost have really made a lasting impact on this stock. if we remain above the marked out levels or break out to new highs id shoot for above $152 soon.
Nvidia ($NVDA) could retest summer low of $91NVDA stock is in a perfect range between all-time high of $141 and summer low of $91 that was hit within the first leg of correction in wave A down.
Recently, the price has retested the upside of the range within the wave B up and slipped back into the established range.
This could be the start of the last wave C down to retest the summer valley of $91.
Nvidia - How high is too high?Nvidia (NVDA) continues to defy gravity, hitting $140 in pre-market trading today.
This translates to:
A 23% increase in June alone
A 55% increase in Q2
A staggering 184% increase since the beginning of the year
A 225% year-to-date (YTD) surge
These are the kinds of figures we've come to expect from Nvidia, making even impressive YTD gains of 27% by companies like Microsoft look pedestrian. Nvidia's rise has also propelled it to the top of the market cap rankings, becoming the world's most valuable publicly traded company.
The Question of Sustainability
The burning question is, can this growth be sustained?
So far, Nvidia has the numbers to back it up. The company has already generated more EBITDA this year than in all of FY2023. While its Price/Earnings Growth (PEG) ratio of 1.55 suggests a slight overvaluation, and has been increasing steadily for a year, it remains below the PEG ratios of multi-trillion-dollar peers like Microsoft and Apple.
Technical Indicators Flashing Green
The technical indicators also paint a bullish picture. The stock is well above its short-, mid-, and long-term moving averages, indicating strong momentum. The recent surge in volume further confirms heightened investor interest.
The Bias and Sentiment Strength (BASS) Indicator, a composite tool created by @mattzab combining several technical indicators, also flashes a strong buy signal for Nvidia. (For a detailed explanation, see this page: ).
The Road Ahead: Smooth Sailing or Bumpy Ride?
The big question is whether we'll see a soft landing, a minor pullback, or a significant dip. This will depend on how many investors decide to take profits and the speed at which they do so. A rapid sell-off would likely be triggered by a sudden collapse in the "AI hype" or if companies find themselves unable to effectively utilize their new AI chips, or their efforts to capitalize on LLMs fail.
It's still early days in the AI boom, but parallels have already been drawn with the dot-com bubble which many investors are old enough to remember. It took Apple more than 5 years after the crash to reach its dot-com peak, and Microsoft needed more than 14 years. While there is no looking back for these stocks now, one shouldn't forget that Cisco, which was regarded as a crucial internet infrastructure provider at the turn of the century, never reached its dotcom peak again. But then again, past market crashes do not guarantee future losses, or how did the saying go again?
For now, the status quo remains: everyone is bullish as long as everyone else is bullish as well.
As always, stay vigilant out there!
The limits of silicon have been reachedNASDAQ:AMD
The limits of silicon have been reached, and computing machines have hit their maximum potential for many decades. There have been no real achievements since 1984; that was the year when the ceiling was reached. The supposed development has ended. Ray tracing and all sorts of AI crap based on thrice-recycled garbage are no longer suitable for consumption.
Advancements in computing technology have stalled, and innovation seems to have plateaued. Despite the hype around new technologies like AI and ray tracing, these developments rely on rehashed concepts and fail to deliver groundbreaking results. The industry needs a fundamental shift to overcome these limitations and achieve true progress.
75: Analyzing ASML Sales Decline Potential Bearish MomentumIn light of the recent downturn in ASML sales, it's prudent to assess potential implications for the stock's trajectory. ASML faces lower than expected orders in Q1 amid industry downturn. CEO Peter Wennink remains optimistic about sector recovery in 2024. Orders dip to €3.6 billion, revenue at €5.3 billion. Our initial target lies at 826.1, where we anticipate a consolidation phase. However, if selling pressure persists, we could foresee a drop to 688.6. Monitoring validation of short positions is crucial. Conversely, stabilization around 826.1 could signify a potential reversal and pave the way for renewed upward momentum. Keeping a close eye on market dynamics and key support levels will be paramount in navigating ASML's current trajectory.
NVDA Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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1-18-2024
GREEN UMVD pushing the price UP with a strong Green TrapZone.
AVGO Chipmaker in an ascending channel SHORTOn a 30-minute chart, like several other computer chip manufactures has approached or
reached a near-term top. Overall Broadcom has gained 19% YTD. Earnings are in about two
weeks. I see this as a short trade to follow AVGO from the top of the channel down to about
1225 in time to catch earnings at the bottom of the channel to end the swing trade and instead
go long from there. I intend to close the trade two days before earnings and flip sides
hunting the beat on the earnings.
Navigating the Chip Maze: Should You Invest in Synopsys?Navigating the Chip Maze: Should You Invest in Synopsys?
Synopsys, a titan in the Electronic Design Automation (EDA) landscape, offers intriguing prospects for investors curious about the semiconductor industry. But before diving in, let's unpack the company, analyze its potential, and explore options – with a strong disclaimer: trading is inherently risky and not suitable for everyone.
Synopsys: Powering the Chip Revolution
Founded in 1986, Synopsys has carved a niche by providing essential tools and services for chip design and verification. Imagine them as the architects and inspectors of the tiny brains powering our devices. Their clients? Tech giants like Apple, Intel, and Samsung, relying on Synopsys for efficient, secure chip development.
Products and Services:
EDA Tools: The bread and butter – software enabling chip design, simulation, and verification.
Silicon IP: Pre-designed building blocks, saving chipmakers time and money.
Software Security and Quality: Tools to identify and fix vulnerabilities in software, crucial in an increasingly interconnected world.
Financials and Performance:
Revenue: $5.3 billion (FY 2023)
Net Income: $1.2 billion (FY 2023)
Ratings: Leader in Gartner's Magic Quadrant for EDA, "100 Best Companies to Work For" by Fortune
So, Buy, Sell, or Hold?
This is where things get tricky. Analysing publicly available information can't guarantee future performance. Several factors could influence Synopsys' stock price:
Overall Semiconductor Market: A booming market benefits Synopsys, but downturns can impact sales.
Technological Advancements: Staying ahead of the curve in EDA is crucial, and continuous innovation is key.
Competition: Other EDA players like Cadence Design Systems pose constant competition.
Options Trading: A Calculated Gamble?
Remember, options involve significant risks. Buying call options bets on a stock price increase, while put options profit from a decrease. With expirations ranging from 1-12 months, you choose your timeframe and risk tolerance. However, options decay in value over time, and misjudgment can lead to substantial losses.
The Verdict: Do Your Research, Proceed with Caution
Synopsys is a prominent player in a growing industry, but the decision to invest ultimately rests on your individual financial goals and risk appetite. Conduct thorough research, understand the risks involved, and never invest more than you can afford to lose. Consider seeking professional financial advice before making any investment decisions.
Risk Warning
Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses.
Risk Warning: Trading is Not for Everyone
It's essential to emphasize that trading stocks and options carries inherent risks. Market volatility, unpredictable events, and human error can lead to significant losses. Therefore, it's crucial to undertake thorough research, understand the underlying risks, and only invest funds that can be comfortably afforded to lose.
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Rating: STRONG BUY
Risk Disclaimer!
The article information and the data is for general information use only, not advice!
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Risk Warning Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses. Risk Disclaimer! General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss!
CDNS a chip design software company LONGCDNS located in California is a software firm supporting computer assisted design ( ACAD) for
the semi-conductor industry. While its customer base gets the headlines, this company helps
make it happen. The 120 minute chart looks good as price is uptrending with good volume
and relative strength. Earnings have been solid and another is around the corner. Price has
appreciated 40% in six months. the trend angle of 13 degrees over the continuous uptrend
is solid. I see this as a buy now before the earnings or after a minor correction to get a bit of
a discount.
Nvidia's Strategic Move into the Chinese AI Market
In a groundbreaking move, Nvidia, the renowned US chipmaker, is set to launch its highly anticipated China-focused AI chip, the H20, in the second quarter of 2024. This strategic development comes in response to US export rules and marks a significant step in Nvidia's commitment to maintaining its stronghold in the ever-expanding global AI hardware market.
Powerful AI Chip Tailored for China:
The H20 chip, part of a trio developed by Nvidia to meet strict regulations, boasts impressive AI capabilities. While initially scheduled for launch in November, the delay was attributed to integration issues faced by server manufacturers. Despite this setback, the chip is poised to make a substantial impact upon its release, with mass production scheduled to commence in Q2 2024.
Market Dynamics and Initial Production Volume:
Insiders reveal that the initial production volume of the H20 chip will be limited, with Nvidia focusing on fulfilling orders for major customers. This exclusivity adds an air of anticipation, hinting at the chip's potential high demand and creating a sense of urgency for investors to secure a stake in this groundbreaking technology.
Potential Reluctance in the Chinese Market:
Recent reports suggest that Chinese companies are hesitating to adopt the downgraded H20, exploring domestic alternatives amid concerns of potential tightening of US restrictions. However, the strategic move by Nvidia demonstrates its commitment to compliance, ensuring sustained access to the lucrative Chinese AI market.
Nvidia's Multi-Pronged Approach:
Apart from the H20, Nvidia has plans for two other chips, the L20 and L2, designed to comply with the latest restrictions. The chipmaker, renowned for its innovative prowess, has yet to announce the sale of any of the three chips. This silence builds anticipation and provides a unique opportunity for investors to position themselves ahead of potential market announcements.
Preserving Market Share Amid Export Restrictions:
Nvidia's bold move comes after tightening US export restrictions limited its shipment of advanced A800 and H800 AI chips. The H20, L20, and L2 chips, although featuring computing power cut back to comply with regulations, still incorporate Nvidia's latest AI features. This positions the company to preserve its market share in China, a vital market for global technology leaders.
Stock Soars on AI Demand:
Nvidia's recent stock surge, nearly tripling in value, is attributed to the growing demand for its Graphics Processing Units (GPUs) vital for AI applications. As a heavyweight in the AI sector, Nvidia's stellar performance has significantly contributed to the Nasdaq Composite's 43% rebound, showcasing the company's pivotal role in driving AI technologies forward.
Conclusion:
As the global AI hardware market continues to expand, Nvidia's strategic foray into the Chinese market with the H20 chip presents a compelling opportunity for investors. The limited initial production volume, potential hesitancy in the Chinese market, and the company's resilient stock performance underscore the unique investment prospects associated with Nvidia. In a landscape where technology stocks are poised for sustained growth, Nvidia stands out as a beacon of innovation and a promising addition to investors' portfolios.
As NVIDIA faces more risks, questions remain unansweredNASDAQ:MSFT NASDAQ:NVDA NASDAQ:GOOG NASDAQ:AMZN NASDAQ:INTC NASDAQ:AMD
As the common market motion is embracing a recession, one of Bloomberg's Magnificent 7 fights hard to keep a stiff upper lip. But not only as the signs of the times currently stand, but also by their own decisions, NVIDIA will get in turmoil.
Background
In my view (working in IT for 15 years), the chip designer is overreaching its capacity with the following two factors.
Planning not a new GPU, but a whole GPU architecture, for every year to release
While GPUs became an essential part of many cutting edge technologies aside graphics, an architecture means to write drivers (computer software working as interpreter between devices) for the variety of operating systems currently at the market, which are, in this order, Linux, Android and Windows.
Linux already despises the closed-source proprietary licensing model of drivers by NVIDIA, which can neither be changed nor get improved nor adapted to compatibility to Linux. An annual release of new architectures without more vertical integration of software development will result in a lack of support by the industry ecosystem, as the industry tends to adapt only to products which grow in relevance. Pick SQL, the database language.
Every other year, a new complete ISO standard of SQL is released to implement, but as buying a whole single set of standard documents comes with high costs, 2.500 USD for paper, the market adoption of new and newest issues of the SQL standards are rare, even in enterprise software. Open source database software tends to implement whatever is available for either no or low cost, so they naturally would not implement the latest standard.
The same dynamic will go on a new GPU architecture release every year, and NVIDIA, given the management is sane, will scrap that strategy after the first three or four cycles.
Planning to challenge Intel, other CPU makers
The most common processors, natural CPU chips built in every computing device, are coming from Intel or an Intel architecture, or ARM's RISCy architecture. Every successful processor ever made in the market had to either be made for a closed ecosystem of devices of their own (like the Zilog Z80 for Nintendo's Game Boy or any home computer of the 80's really, or any of Apple's devices) or it had to be compatible with Intel and its architecture and instruction set. Any other processor sold for general application in the past has failed to penetrate the market. And as Intel, as well as Intel-compatible processors from manufacturers like AMD, are widely common and available, NVIDIA faces the challenge to generate Unique Selling Points for its own CPU ambitions. What could that be?
Lower prices?
If NVIDIA thinks they could create the generations of CPUs to come in a much cheaper way, they would offer discounted hardware on the NVIDIA label, without holding to the promises everyone assumes with the brand: top-edge graphical calculation or AI. The margin would also challenge the stress-test of the ever-altering architecture leadership of Intel, giving Intel itself the opportunity to disrupt NVIDIA's development cycle by letting NVIDIA face the same challenges like Linux developers do when integrating NVIDIA's driver sets, with the additional risk that not every newly released architecture will sell.
Additional features, AI?
AI calculations are power-exhaustive, and delivering them on a CPU will add to the power consumption, and thereby energy costs, as much as overclocking already does. Heat development (and thereby fast aging) is a problem among the CPU industry of which sufficient and endurable solutions are rare. AI software runs in a cloud, preferrably, as the cloud would consist of multiple GPU cards which are cooled with means like heatpipes with chilled water or nitrogen, as well as a general A/C for the room. Describing all this already lets you picture any larger datacenter with its own powerplant, and if you can picture that, you know there is no consumer application for these kind of chips. AI-enhanced CPUs will eventually serve only a niche market, as datacenters would already have (matured and cheaper) GPUs to go for, which would by the way release annually and raise the cost, and as power grids worldwide are not ready to transport this kind of energy for a broad consumer approach.
If any of that is true, what still goes for NVIDIA?
NVIDIA will remain the most important infrastructure provider for datacenters, and by that extent, cloud providers. Neither Microsoft nor Google nor Amazon will be able to turn to other manufacturers, except they'd be successful in running ARM-driven datacenters , making the CPU strategy of NVIDIA even harder. Eventually datacenters will heterogenize in their inner structure to provide cost-effectively for different applications, from a homogenous set of almost equal hardware to a ring-like system for different classes of chips and applications. Many datacenters already either specialize for a certain kind of application or allow a general approach by heterogenizing their hardware, and this trend will continue and create more variety and diversification with coming hardware generations. NVIDIA, as a key infrastructure provider with a heavy foot in the AI field, will remain to be able to supply and influence the business of almost every other cloud-providing technology company, if NVIDIA only would reflect on its virtues, cap their endeavours and emphasize even more on its current strengths.
NVDAPossible head and shoulders set up. I think we bounce here off the neckline back to around 460. This is just from a technical view news could possibly alter this but I was right on the recent drop to 420 so I think a move back to 465 should be appropriate and NVDA makes large 20pt moves like nothing so its really not that big of a move in reality.
#AMD3 Leveraged 3x Long with American Micro Devices StocksAll the World chipmakers are on the rush this night, due to Nvidia Q1'23 Earnings Report.
LSE:AMD3 is the Leverage Shares 3x AMD ETP Securities that seeks to track the iSTOXX Leveraged 3x AMD Index, which is designed to provide 3x the daily return of Advanced Micro Devices, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock.
It invests directly in the underlying Advanced Micro Devices, Inc. stock and uses margin (borrowing) to purchase additional shares of Advanced Micro Devices, Inc. stock.
For example, if Advanced Micro Devices, Inc. rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Advanced Micro Devices, Inc. falls by 1% over a day, then the ETP will fall by 3%, excluding fees.
Key Features
• Opportunity to magnify returns in one simple trade.
• Liquid. Trades like an equity on exchange, with multiple market makers (MMs).
• You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls.
• Simple to trade, no need for futures, no need to use margin accounts.
• Transparent structure with full ownership of the underlying assets, so credit risk effectively negated.
• Is independent and managed by industry experts.
Key Risks
• Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns.
• Investors can lose the full value of their initial investment (but not more).
• Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk.
• Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works.
• Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor.
• Only use these ETPs if you can monitor your positions daily or during the day.
• Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product.
Key TA Highlights
• LSE:AMD3 trades higher its weekly SMA(52), since middle of the May, 2023
• Technical picture indicates the possibility to further 100 per cent upside price action.
Early Thoughts for ONI am looking at $ON Semiconductor here for a potential move to the low $90 range. If the stock can hold strong over what I would call the "mode" in the mid $60s, it is fair to look at the $90 level as a realistic target. The stock has undergone a good bit of balance/consolidation in and around the mid $60 and looks to have a chance to make that breakout into all time highs. We will see over the coming days what the agenda is here, but I wanted to release my early thoughts. Looking forward to see how it plays out. I do have a position in the stock myself. Make sure to always size appropriately and trade safely!
Happy Thanksgiving week from the US and Best of Luck!
MCHP: Retest of breakout zone?!Microchip Technolog y
Short Term - We look to Buy at 65.63 (stop at 62.70)
Broken out of the triangle formation to the upside. A lower correction is expected. Reverse trend line support comes in at 64.00. Support could prove difficult to breakdown. Dip buying offers good risk/reward.
Our profit targets will be 73.30 and 78.00
Resistance: 74.00 / 90.00 / 120.00
Support: 64.00 / 54.50 / 45.00
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Qualcomm (QCOM) bearish scenario:The technical figure Descending Triangle can be found in the daily chart in the US company Qualcomm (QCOM). Qualcomm is an American multinational corporation. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. The Descending Triangle broke through the support line on 30/09/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 80 days towards 98.71 USD. Your stop-loss order, according to experts, should be placed at 152.81 USD if you decide to enter this position.
Looking at its valuation, Qualcomm is holding a Forward P/E ratio of 9.6. For comparison, its industry has an average Forward P/E of 17.45, which means Qualcomm is trading at a discount to the group.
It is also worth noting that QCOM currently has a PEG ratio of 0.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. QCOM's industry had an average PEG ratio of 1.81 as of yesterday's close.
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Taiwan Semiconductor Manufacturing (TSM) LONG!! Semiconductor industry is poised for a decade of rapid growth, with many end products relying heavily on the essential supply of semiconductor chips and products. Automotives, mobile phones, laptops, tablets and the like all require chips to work. Amongst this industry lies a semicon giant poised to rear its head: TSM.
TSM is the main supplier of chips for AAPL, with a huge backlog of stocks yet to be supplied.
Fundamentals:
- TSM is poised to produce 2NM chips by 2025.
- Chips are price inelastic, demand normally has to contend with rising costs imposed by suppliers.
- Innovation is strong in the semiconductor industry with huge capital spend on R&D for better and smaller chips
Technicals:
- MACD oversold with MACD line slopping upwards
- MACD selling momentum weakening with histogram shortening
- Prices have reached and bounced from the 200 TEMA + 61.8% fibonacci retracement levels
- Price action show huge BULLISH ENGULFING candle
TARGETS:
108.4
96.3
NVDA Downtrend.Looks like in downtrend.
hoping to hit ~270 range to support the earnings and post which it would come to ~200 range.
May be in FEB last to March timeframe.
Somehow I have feeling during this transient bear market almost all scripts would hit pre-pandemic levels.
Note : Not an investment/trading advise. Please do you own DD.
INTC Mobileye Intel's self-driving-car unit IPOThe chipmaker said it would be taking public its Mobileye self-driving-car unit.
The initial public offering of Mobileye in the U.S. is planned for the middle of next year.
The move could value Mobileye at more than $50 billion, Intel being the biggest shareholder.
My short term price target is the 59usd resistance.
Looking forward to read your opinion about it.
Major Support level on INTEL | What we want to seeBased on the current global chip shortage. There are 3 companies worth paying attention to TSMC - INTEL - SAMSUNG. The 3 of them are heavily investing in increasing their production capability to finish these shortages affecting key industries across the globe.
Today, we will analyze INTEL from a technical perspective:
-The main thing that we can observe on the chart is a MAJOR support zone. That's a key level to pay attention to. Why? Because since 2018 has been working as a key bouncing level
-That's why we want to observe contact there before thinking about any bullish setup. This is a good filter to avoid engaging in situations that are not 100% in our favor based on historical behavior
-IF we observe contact, we want to see a breakout of the descending trendline followed by a correction similar to the 3 scenarios that happened before.
-Our Target for this future movement is 57.00
What's the whole point of these types of analyses that are not "close to happening"?
If we do this regularly, we reach a moment where 3 to 4 times a month, we have premium situations working as expected, and we can develop high-quality setups on these charts that we get ready with months in advance.
If I have to define my edge on the markets, it would be: Patience + Being ready in advance as much as possible.
Thanks for reading!