Stocks · News reference
Coherent stock surged 2.8% premarket following Nvidia's upbeat AI outlook. Analysts maintain a Buy rating with a $402 average target.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.
Applied Optoelectronics stock fell 23.6% this week after Broadcom CEO warned of capital constraints that could slow AI infrastructure spending. The optical component maker, which relies heavily on data center customers for 800G transceivers, faces headwinds from funding concerns among major cloud providers. The stock has declined 64.2% from its 52-week high, compounded by recent shareholder dilution from a $600 million equity offering.
Jim Cramer favors Reddit, Chevron, EPD and Corning, but calls SiTime expensive and Valero a risky double-or-nothing trade.
Nvidia CEO Jensen Huang reveals how repeated calls and a personal letter to TSMC founder Morris Chang forged a decades-long partnership.
Nvidia's forward P/E ratio suggests significant upside potential as the market has not priced in the company's expected 70% revenue growth for next year. With a forward P/E below 14x compared to its current trailing P/E of 28x, the stock could potentially double by January 2028 if earnings expectations are met and valuation multiples remain stable. Strong demand from AI hyperscalers with locked-in capital expenditure plans supports the growth thesis.