Data News > Top gainers in Chip Stocks - MRVL, QCOM, NVR, QRVO, TSM

Top gainers in Chip Stocks - MRVL, QCOM, NVR, QRVO, TSM

By KlickAnalytics Data Insights  |   October 14, 2024 04:39PM ET

Following are the Top 5 companies based on their one-day percentage change within the 'Chip Stocks' theme.

Marvell Technology Group Ltd (MRVL)

MRVL is trading UP for the last 2 days, and it at trading at $77.73 with volume of 10,276,135 and a one day change of $3.72 (5.03%). Marvell Technology Group Ltd has a 52-week low of 46.12 and a 52-week high of $85.76. The business's 50-day moving average price is $71.84 and its 200 day moving average price is $69.77. The firm has a market cap of $64 million, a P/E ratio of 0.00, and a beta of 1.45.

Top news headlines for MRVL

  • Marvell Technologies is working with big tech to price custom ASIC solutions. This sets up the company well if the tech companies decide to scale up their new AI projects.
  • SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit  –  Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the development of FBNIC, a custom 5nm network interface controller (NIC) ASIC in collaboration with Meta to meet the company's infrastructure and use case requirements.
  • Data Center Portfolio Powers the Next Generation of AI and Cloud SANTA CLARA, Calif. , Oct. 14, 2024 /PRNewswire/ -- 2024 OCP Global Summit – Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, will highlight its latest advancements in accelerated infrastructure at the 2024 OCP Global Summit, October 15-17, in San Jose, California.

  • For more information on MRVL:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Qualcomm, Inc. (QCOM)

    QCOM is trading UP for the last 2 days, and it at trading at $178.03 with volume of 7,894,506 and a one day change of $8.05 (4.74%). Qualcomm, Inc. has a 52-week low of 104.33 and a 52-week high of $230.63. The business's 50-day moving average price is $168.02 and its 200 day moving average price is $181.32. The firm has a market cap of $192 million, a P/E ratio of 24.28, and a beta of 1.28.

    Top news headlines for QCOM

  • Qualcomm Inc QCOM stock is shooting upward after analyst Ming-Chi Kuo commented on the company's Snapdragon 8 Gen 4 shipments.
  • Zacks.com users have recently been watching Qualcomm (QCOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

  • For more information on QCOM:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • NVR Inc. (NVR)

    NVR is trading UP for the last 2 days, and it at trading at $9,876.86 with volume of 7,020 and a one day change of $342.67 (3.64%). NVR Inc. has a 52-week low of 5,210.49 and a 52-week high of $9,906.64. The business's 50-day moving average price is $9,386.11 and its 200 day moving average price is $8,276.80. The firm has a market cap of $29 million, a P/E ratio of 15.95, and a beta of 1.19.

    For more information on NVR:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Qorvo Inc (QRVO)

    QRVO is trading UP for the last 2 days, and it at trading at $104.56 with volume of 936,295 and a one day change of $2.73 (2.68%). Qorvo Inc has a 52-week low of 80.62 and a 52-week high of $130.99. The business's 50-day moving average price is $105.29 and its 200 day moving average price is $109.02. The firm has a market cap of $10 million, a P/E ratio of 0.00, and a beta of 1.46.

    For more information on QRVO:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • Taiwan Semiconductor Manufacturing (TSM)

    TSM is trading UP for the last 2 days, and it at trading at $192.36 with volume of 10,848,191 and a one day change of $1.55 (0.81%). Taiwan Semiconductor Manufacturing has a 52-week low of 84.96 and a 52-week high of $193.47. The business's 50-day moving average price is $173.41 and its 200 day moving average price is $161.84. The firm has a market cap of $811 million, a P/E ratio of 26.04, and a beta of 1.30.

    Top news headlines for TSM

  • Some big-name semiconductor stocks are due to report their latest quarterly earnings results this week.
  • TSM's strong September net sales and robust AI demand from Nvidia and Apple suggest a promising Q3 earnings report on October 17, 2024. TSM's net sales in Q3 totaled NT$759.7 billion, surpassing the high-end guidance and reflecting a 39.6% YoY growth in September. With a profit multiple of 28.2x and strong AI-driven growth, TSM presents a compelling long-term investment opportunity.
  • TSMC investors likely expect a blockbuster Q3 earnings release as TSM nears its all-time highs. The challenges facing Intel and Samsung have strengthened TSM's status as the preferred AI foundry. TSMC's ability to deliver the much-needed AI chips for Nvidia and AMD is critical to sustaining its high capacity utilization and tech roadmap.
  • Though commonly overlooked by companies like Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD), the Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is arguably the most important semiconductor company in the world.
  • There are plenty of great companies to buy before the calendar flips to 2025.

  • For more information on TSM:
  • Historical Price Targets
  • Hiistorical Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality Analysis

  • This article was generated by KlickAnalytics data insight content engine.

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