Semiconductor stocks surged on Wednesday after $NVIDIA (NVDA.US)$ 's CEO Jensen Huang emphasized strong demand for AI chips. KeyBanc analyst John Vinh explained the recovery following Nvidia’s 8% intraday rise, attributing it to an overreaction to earnings, though the AI trade remains strong.
Oracle played a key role by reporting accelerating AI growth and announcing a doubling of capital expenditures next year. This reassured investors that AI inv...

$Cirrus Logic (CRUS.US)$ nice beat, stocks on 🔥

$Cirrus Logic (CRUS.US)$ rose more than 10% in after-hours trading Tuesday after the semiconductor giant reported big fiscal Q4 earnings and revenue beats.
CRUS gained 10.8% to trade at $101.01 shortly before 5 p.m. ET after reporting $1.24 in earnings per share, reportedly crushing analysts' $0.64 consensus estimate.
Cirrus also recorded $371.8 million in quarterly revenues, handily beating analysts' reported $315.6 million consensus fo...

$Cirrus Logic (CRUS.US)$
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🚨 GAINERS 2/7/2024 🚨
$Cirrus Logic (CRUS.US)$ $Green Plains Inc (GPRE.US)$ $Hitek Global (HKIT.US)$ $Greif (GEF.US)$
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Who are are they ?
$Cirrus Logic (CRUS.US)$ Kioxia Japan $Texas Instruments (TXN.US)$ $NXP Semiconductors (NXPI.US)$ $Broadcom (AVGO.US)$ Skhynix Korea $RENESAS ELECTRONICS CORP (RNECF.US)$ $STMicroelectronics (STM.US)$ Bosch $Skyworks Solutions (SWKS.US)$ $Qualcomm (QCOM.US)$ $Qorvo (QRVO.US)$