Why ASML Stock and Applied Materials Just Popped, But Intel Dropped
Well, it's Thursday -- the day after news of Nvidia's (NASDAQ: NVDA) Q4 earnings report dropped. And it's already pretty obvious how investors are reacting to the news.
As of noon ET, shares of Nvidia rival (NASDAQ: INTC) are down 0.8% -- recovered somewhat from an earlier decline of more than 2%. In contrast, shares of ASML Holding (NASDAQ: ASML) and Applied Materials (NASDAQ: AMAT), two suppliers of the semiconductor manufacturing equipment that's essential to grow supplies of in-demand AI semiconductor chips, are performing much better -- up 4.2% and 4.7%, respectively.
Why the disparate reactions to Nvidia's news? Well, let's take a look at the report itself.
Source Fool.com
Intel Corp. Stock
€29.51
2.300%
Our community is currently high on Intel Corp. with 26 Buy predictions and 16 Sell predictions.
With a target price of 37 € there is a positive potential of 25.38% for Intel Corp. compared to the current price of 29.51 €.
