Advanced Micro Devicesの空売り状況は、投資家がAdvanced Micro Devicesの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Advanced Micro Devices (NASDAQ:AMD) 株価情報, 空売り情報

Advanced Micro Devices

Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.

Advanced Micro Devices, Inc.

Equities

News

Markets

ETFs

AMZN

ARKF

ARKK

ARKQ

ARKW

ARKX

HOOD

RDDT

キャシー・ウッド（Cathie Wood）率いる投資会社Ark Investは、先週水曜日に、Amazon.com Inc.（NASDAQ:AMZN）、「ロビンフッド・マーケットス株式会社」（Robinhood Markets Inc.）（NASDAQ:HOOD）、Reddit Inc.（NYSE:RDDT）および「アドバンスト・マイクロ・デバイセズ社」（Advanced Micro Devices Inc.）（NASDAQ:AMD）に関して大規模なトレードを実施した。

キャシーウッド　アマゾン株を中心にトレード

Cathie Wood氏率いるArk Investは、火曜日にAmazon.com Inc（NASDAQ：AMZN）、Reddit Inc（NYSE：RDDT）、Advanced Micro Devices Inc（NASDAQ：AMD）で大規模なトレードを行いました。

キャシー・ウッド率いるアークインベスト　Reddit株取得

Analyst Color

Tech

AAPL

INTC

NVDA

ETF Opportunities Trust T-Rex 2X Long NVIDIA Daily Target ETF

NVDX

PLTR

SOXL

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

先週8月2日に終了した週は、テクノロジースペースが下落し、テクノロジー選択セレクトセクターSPDRファンド（NYSE：XLK）が5%以上下げ、大型株企業の業績を測るS&amp;P500指数を下回った。今週、テック市場を駆りたてた要因と、これらの株が近期および中期に向けて向かっている方向をまとめた。

大型企業株　S&amp;P500株をSPDRファンドが下回る

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices Inc

LS ISTX L3X AMD NR ETF

SINTX Technologies Inc Warrants (14/05/2023)

Amphitrite Digital Inc

GraniteShares 2x Long AMD Daily ETF

AMADA Co Ltd

AMEDEO AIR FOUR PLUS LTD by AMEDEO AIR FOUR PLUS LTD

GraniteShares 1x Short AMD Daily ETF

Amundi SA

Tidal Trust II Yieldmax AMD Option Income Strategy ETF

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$120.00</td>
<td>$26.1K</td>
<td>161.7K</td>
<td>187.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$21.00</td>
<td>$30.8K</td>
<td>104.0K</td>
<td>89.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$227.50</td>
<td>$60.0K</td>
<td>25.7K</td>
<td>59.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$157.50</td>
<td>$27.2K</td>
<td>2.0K</td>
<td>20.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$150.00</td>
<td>$63.2K</td>
<td>39.4K</td>
<td>18.9K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$31.6K</td>
<td>13.7K</td>
<td>12.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$455.00</td>
<td>$32.7K</td>
<td>5.5K</td>
<td>10.5K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$262.50</td>
<td>$50.0K</td>
<td>5.1K</td>
<td>5.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$45.6K</td>
<td>1.7K</td>
<td>4.8K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$169.4K</td>
<td>48.5K</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 238 contract(s) at a $120.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $110.0 per contract. There were 161784 open contracts at this strike prior to today, and today 187734 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 641 contract(s) at a $21.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $48.0 per contract. There were 104002 open contracts at this strike prior to today, and today 89110 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 216 contract(s) at a $227.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $278.0 per contract. There were 25714 open contracts at this strike prior to today, and today 59016 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option trade with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $136.0 per contract. There were 2000 open contracts at this strike prior to today, and today 20478 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 372 contract(s) at a $150.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $63.2K, with a price of $170.0 per contract. There were 39439 open contracts at this strike prior to today, and today 18984 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 211 contract(s) at a $170.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $150.0 per contract. There were 13715 open contracts at this strike prior to today, and today 12663 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 84 contract(s) at a $455.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $390.0 per contract. There were 5584 open contracts at this strike prior to today, and today 10547 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 78 contract(s) at a $262.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $618.0 per contract. There were 5172 open contracts at this strike prior to today, and today 5903 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 60 contract(s) at a $440.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $760.0 per contract. There were 1759 open contracts at this strike prior to today, and today 4870 contract(s) were bought and sold. 
• Regarding IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we observe a call option sweep with bullish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 892 contract(s) at a $250.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $169.4K, with a price of $190.0 per contract. There were 48567 open contracts at this strike prior to today, and today 2417 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AVGO

MSFT

MSTR

SMCI

10 Information Technology Stocks Whale Activity In Today's Session

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) against its key competitors in the Semiconductors &amp; Semiconductor Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Advanced Micro Devices Background</h3>
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Advanced Micro Devices Inc</td>
<td>176.54</td>
<td>4.25</td>
<td>10.44</td>
<td>0.47%</td>
<td>$1.12</td>
<td>$2.86</td>
<td>8.88%</td>
</tr>
<tr>
<td>NVIDIA Corp</td>
<td>53.15</td>
<td>47.82</td>
<td>29.31</td>
<td>30.94%</td>
<td>$19.71</td>
<td>$22.57</td>
<td>122.4%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Manufacturing Co Ltd</td>
<td>29.55</td>
<td>7.30</td>
<td>11.35</td>
<td>6.67%</td>
<td>$474.12</td>
<td>$358.12</td>
<td>40.07%</td>
</tr>
<tr>
<td>Broadcom Inc</td>
<td>130.59</td>
<td>11.50</td>
<td>16.01</td>
<td>-2.77%</td>
<td>$6.39</td>
<td>$8.36</td>
<td>47.27%</td>
</tr>
<tr>
<td>Qualcomm Inc</td>
<td>21.52</td>
<td>7.60</td>
<td>5.09</td>
<td>8.67%</td>
<td>$2.87</td>
<td>$5.22</td>
<td>11.15%</td>
</tr>
<tr>
<td>Texas Instruments Inc</td>
<td>34.78</td>
<td>10.65</td>
<td>11.44</td>
<td>6.59%</td>
<td>$1.76</td>
<td>$2.21</td>
<td>-15.65%</td>
</tr>
<tr>
<td>ARM Holdings PLC</td>
<td>341.98</td>
<td>25.61</td>
<td>41.46</td>
<td>4.07%</td>
<td>$0.23</td>
<td>$0.91</td>
<td>39.11%</td>
</tr>
<tr>
<td>Analog Devices Inc</td>
<td>67.06</td>
<td>3.14</td>
<td>11.46</td>
<td>1.11%</td>
<td>$1.04</td>
<td>$1.31</td>
<td>-24.84%</td>
</tr>
<tr>
<td>Intel Corp</td>
<td>86.54</td>
<td>0.77</td>
<td>1.60</td>
<td>-1.46%</td>
<td>$0.86</td>
<td>$4.55</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Monolithic Power Systems Inc</td>
<td>102.40</td>
<td>19.10</td>
<td>22.20</td>
<td>4.66%</td>
<td>$0.13</td>
<td>$0.28</td>
<td>15.03%</td>
</tr>
<tr>
<td>Microchip Technology Inc</td>
<td>30.42</td>
<td>6.40</td>
<td>6.33</td>
<td>1.98%</td>
<td>$0.41</td>
<td>$0.74</td>
<td>-45.76%</td>
</tr>
<tr>
<td>ON Semiconductor Corp</td>
<td>16.09</td>
<td>3.63</td>
<td>3.99</td>
<td>4.11%</td>
<td>$0.58</td>
<td>$0.78</td>
<td>-17.15%</td>
</tr>
<tr>
<td>First Solar Inc</td>
<td>21.59</td>
<td>3.57</td>
<td>6.91</td>
<td>4.94%</td>
<td>$0.48</td>
<td>$0.5</td>
<td>24.65%</td>
</tr>
<tr>
<td>STMicroelectronics NV</td>
<td>7.36</td>
<td>1.42</td>
<td>1.71</td>
<td>3.51%</td>
<td>$1.31</td>
<td>$1.15</td>
<td>-25.29%</td>
</tr>
<tr>
<td>GLOBALFOUNDRIES Inc</td>
<td>26.84</td>
<td>1.92</td>
<td>3.17</td>
<td>1.38%</td>
<td>$0.56</td>
<td>$0.4</td>
<td>-11.54%</td>
</tr>
<tr>
<td>United Microelectronics Corp</td>
<td>12.62</td>
<td>1.88</td>
<td>2.95</td>
<td>3.76%</td>
<td>$27.9</td>
<td>$19.98</td>
<td>0.89%</td>
</tr>
<tr>
<td>ASE Technology Holding Co Ltd</td>
<td>19.16</td>
<td>2.19</td>
<td>1.14</td>
<td>2.62%</td>
<td>$26.08</td>
<td>$23.07</td>
<td>2.91%</td>
</tr>
<tr>
<td>Skyworks Solutions Inc</td>
<td>19.87</td>
<td>2.42</td>
<td>3.55</td>
<td>1.9%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>-15.47%</td>
</tr>
<tr>
<td>Universal Display Corp</td>
<td>43.86</td>
<td>6.35</td>
<td>15.63</td>
<td>3.47%</td>
<td>$0.07</td>
<td>$0.12</td>
<td>8.15%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc</td>
<td>101.02</td>
<td>6.68</td>
<td>10.73</td>
<td>1.88%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>28.25%</td>
</tr>
<tr>
<td>Lattice Semiconductor Corp</td>
<td>38.29</td>
<td>10.27</td>
<td>11.54</td>
<td>3.28%</td>
<td>$0.04</td>
<td>$0.08</td>
<td>-34.72%</td>
</tr>
<tr>
<td>Cirrus Logic Inc</td>
<td>22.84</td>
<td>3.55</td>
<td>3.71</td>
<td>2.3%</td>
<td>$0.07</td>
<td>$0.19</td>
<td>17.98%</td>
</tr>
<tr>
<td>Average</td>
<td>58.45</td>
<td>8.75</td>
<td>10.54</td>
<td>4.46%</td>
<td>$26.9</td>
<td>$21.48</td>
<td>7.93%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style>By conducting an in-depth analysis of Advanced Micro Devices, we can identify the following trends: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 176.54, is 3.02x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
With a Price to Book ratio of 4.25, significantly falling below the industry average by 0.49x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
The Price to Sales ratio is 10.44, which is 0.99x the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
With a Return on Equity (ROE) of 0.47% that is 3.99% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.12 Billion is 0.04x below the industry average, suggesting potential lower profitability or financial challenges.
</li>
<li>
With lower gross profit of $2.86 Billion, which indicates 0.13x below the industry average, the company may experience lower revenue after accounting for production costs.
</li>
<li>
The company's revenue growth of 8.88% is notably higher compared to the industry average of 7.93%, showcasing exceptional sales performance and strong demand for its products or services.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726758041_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is an important measure to assess the financial structure and risk profile of a company.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing Advanced Micro Devices in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
<ul>
<li>
Compared to its top 4 peers, Advanced Micro Devices has a stronger financial position indicated by its lower debt-to-equity ratio of 0.04.
</li>
<li>
This suggests that the company relies less on debt financing and has a more favorable balance between debt and equity, which can be seen as a positive attribute by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Advanced Micro Devices, the PE ratio is high compared to peers, indicating potentially overvalued stock. The PB and PS ratios are low, suggesting undervaluation relative to industry competitors. In terms of ROE, EBITDA, gross profit, and revenue growth, Advanced Micro Devices lags behind its peers, indicating weaker financial performance and growth prospects within the Semiconductors &amp; Semiconductor Equipment industry.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Comparing Advanced Micro Devices With Industry Competitors In Semiconductors &amp; Semiconductor Equipment Industry

WIIM

AMAT

ASML

ENTG

FORM

KLAC

LRCX

MCHP

MPWR

MRVL

NXPI

OLED

QCOM

Shares of semiconductor and chip stocks are trading higher following Wednesday's rate cut, which has lifted growth stocks and rate-sensitive sectors such as tech.

Semiconductor stocks especially the ones linked to artificial intelligence technology led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) picked up after the U.S. Federal Reserve cut <a target="_blank" href="https://in.benzinga.com/markets/equities/24/09/40932103/it-stocks-on-the-rise-after-u-s-fed-cuts-interest-rate" rel="noreferrer noopener">benchmark interest rate</a> to spur growth.
The U.S. Federal Reserve decided to cut its benchmark interest rate by 50 basis points in a first since 2020, setting the interest rate at 4.75% and 5%. The cut is expected to boost discretionary spending by the companies.
The rate cut will be a welcome move, as semiconductor companies have invested heavily in Big Tech (including Microsoft Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Google parent Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)) spending on their artificial intelligence ambitions, which entail substantial capital expenditures.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40926422/super-micro-poised-for-expansion-as-gross-margin-concerns-ease-internal-control-risks-priced-in-anal" rel="noreferrer noopener">Super Micro Poised for Expansion as Gross Margin Concerns Ease, Internal Control Risks Priced In: Analyst</a>
The semiconductor companies are also under pressure due to the U.S. sanctions on China, a crucial market. Therefore, U.S. investors and the semiconductor chiefs closely watch the agenda of the next President, expecting a softer stance on China.
As per <a target="_blank" href="https://www.benzinga.com/news/24/09/40790177/harris-vs-trump-us-stocks-face-growing-risks-amid-economic-uncertainty-and-upcoming-presidential-ele" rel="noreferrer noopener">a CNBC survey</a>, Republican candidate Donald Trump appeared to be an investor favorite as the S&amp;P 500 and Nasdaq noted significant upside during Trump's tenure as President.
However, the current Biden administration has started doling out semiconductor grants to the companies to consolidate its position.
Contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), a crucial AI chip supplier for U.S. semiconductor companies, remains hugely invested in <a target="_blank" href="https://www.benzinga.com/news/24/09/40928754/what-has-taiwan-semiconductor-stock-done-since-nvidia-earnings" rel="noreferrer noopener">its Arizona fab construction</a> to produce AI chips after bagging U.S. chip subsidies. It recently secured two smartphone chip deals from Google and Apple.
Price Actions: NVDA stock is up 3.16% at $116.95 premarket at last check Thursday. AMD is up 3.74% at $153.84, AVGO is up 3.45% at $167.25, SMCI is up 3.00% at $450.00, TSM is up 2.80% at $171.97, INTC is up 2.31% at $21.25, ARM is up 3.78% at $143.59.
Photo via Shutterstock

Government

Regulations

Movers

GOOG

GOOGL

What's Going On With AI Related Stocks Nvidia, AMD, Broadcom And Super Micro On Thursday?

AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) CEO Lisa Su emphasized the importance of diverse computing solutions in the face of competition with Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) led by <a href="https://www.benzinga.com/news/24/08/40594137/heres-what-nvidias-jensen-huang-had-to-say-about-amd-ceo-and-his-cousin-lisa-su">her cousin Jensen Huang</a>. 
What Happened: Su stated on Wednesday that there is &#8220;no one size fits all in computing.&#8221;
&#8220;There's no, you know, only one architecture. Actually, you're going to need the right compute for each application,&#8221; she added, during an <a href="https://www.cnbc.com/2024/09/18/amd-ceo-on-nvidia-theres-no-one-size-fits-all-in-computing.html">interview</a> with CNBC&#8217;s Jim Cramer.
Su highlighted that the semiconductor industry benefits from both competition and collaboration among companies.
Su also discussed the future impact of artificial intelligence (AI), predicting that AI will become integral to everyday life across sectors such as business, education, and healthcare. She forecasted the AI accelerator market to reach $400 billion by 2027.
Su concluded by urging patience with tech trends, noting that significant advancements unfold over years, not months.
See Also: <a href="https://www.benzinga.com/news/24/09/40893054/mark-cuban-says-he-would-buy-rupert-murdochs-fox-news-and-elon-musks-x-but-there-are-some-obstacles?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Mark Cuban Says He Would Buy Rupert Murdoch&#8217;s Fox News And Elon Musk&#8217;s X But There Are Some Obstacles: &#8216;If I Had Enough… I&#8217;d Buy It In A Heartbeat&#8217;</a>
Why It Matters: The rivalry between AMD and Nvidia has intensified, particularly in the AI sector. Recently, Su highlighted AMD&#8217;s <a href="https://www.benzinga.com/markets/equities/24/09/40785940/nvidia-rivalry-pushes-amd-to-shift-focus-away-from-flagship-gaming-gpus-as-lisa-su-chases-ai-sup">shift away from flagship gaming GPUs</a> to focus on AI, projecting $4.5 billion in MI300X AI chip sales for 2024. She emphasized that AMD&#8217;s AI roadmap includes the annual release of new AI chips, starting with the MI325 later this year, followed by the MI350 in 2025 and the MI400 in 2026. This move aims to challenge Nvidia&#8217;s dominance in AI chip technology.
The competition is heating up as both companies vie for a <a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40853499/amd-vs-nvidia-ai-stock-showdown-heats-up-as-market-awaits-next-big-move">larger share of the AI market</a>. As of Sep. 13, AMD&#8217;s stock has risen 39.98% over the past year, while Nvidia&#8217;s has surged 161.90%. Year-to-date, AMD is up 8.80%, and Nvidia has soared 147.33%. Nvidia&#8217;s first-mover advantage in the AI space has helped it amass a market cap of over $2.9 trillion, with AMD trailing at around $245 billion.
Price Action: At the time of writing, AMD was trading 3.18% higher during pre-market on Thursday while Nvidia was up by 2.80%, according to <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40914747/jpmorgan-ceo-jamie-dimon-thinks-social-media-platforms-like-tiktok-and-facebook-are-a-total-stupid-w?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">JPMorgan CEO Jamie Dimon Thinks Social Media Platforms Like TikTok And Facebook Are &#8216;A Total Stupid Waste Of Time&#8217;</a></li>
</ul>
Image made via photos on Shutterstock and Wikimedia Commons
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

General

Nvidia Rival AMD's CEO Says 'There's No One Size Fits All' As AI Chip Race Heats Up

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) stock lost 4% in the last 30 days. Last month saw volatility as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) released its quarterly print and more.
The VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>), representing the semiconductor industry, have lost ~7% in the last 30 days. Now, let&#8217;s run down the events for Taiwan Semiconductor since Nvidia released its quarterly print.
On August 28, Nvidia reported <a target="_blank" href="https://www.benzinga.com/trading-ideas/24/08/40652614/nvidia-shatters-revenue-records-with-a-staggering-30-billion-quarter-yet-sees-stock-prices-slide-se" rel="noreferrer noopener">second-quarter topline</a> growth of 122% to $30.04 billion, quashing the&nbsp;analyst consensus of $28.68 billion.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14.png" alt="" class="wp-image-554700" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/18135430/newplot-14-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40897994/whats-going-on-with-intel-stock-on-tuesday" rel="noreferrer noopener">Intel Looks To Restructure Foundry Business, Bags Major US Deal and Government Grants</a>
The company projected third-quarter revenue of $31.85 billion—$33.15 billion, versus the consensus of $31.77 billion.
Still, the stock dropped by <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40614118/nvidia-leads-semiconductor-stocks-lower-following-q2-earnings-what-investors-need-to-know" rel="noreferrer noopener">6% in after-hours trading</a>, sending semiconductor stocks, including Taiwan Semiconductor, Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), and Super Micro Computer, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), down as the print failed to impress the Street.
The semiconductor sector selloff <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40684198/nvidia-tsmc-lead-chip-stocks-lower-in-premarket-whats-going-on" rel="noreferrer noopener">continued in September</a>, with U.S.-China geopolitical tensions intensifying due to the Western counterpart&#8217;s artificial intelligence technology embargo on the Asian counterpart.
Meanwhile, Taiwan Semiconductor remained invested in solidifying its moat by <a target="_blank" href="https://www.benzinga.com/news/24/09/40686890/apple-nvidia-key-supplier-tsmc-leads-taiwanese-chip-giants-to-localize-neon-gas-production-by-2025" rel="noreferrer noopener">localizing neon gas production</a>, a key chipmaking material disrupted by the Ukraine war, and fast-tracking the development of silicon photonics to address the energy and data transmission speeds <a target="_blank" href="https://www.benzinga.com/news/24/09/40687807/whats-going-on-with-taiwan-semiconductor-stock-on-tuesday" rel="noreferrer noopener">needed by AI computing</a>.
Taiwan Semiconductor <a target="_blank" href="https://www.benzinga.com/news/24/09/40711613/taiwan-semiconductor-bets-on-ai-growth-surge-samsung-joins-ai-optimism-in-trade-show" rel="noreferrer noopener">projected a 50%</a> growth in AI accelerators at the Semicon Taiwan industry forum in Taipei despite concerns over the sustainability of the AI frenzy, which is sending jitters across the market. Broadcom Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) quarterly print and guidance did little to contain <a target="_blank" href="https://www.benzinga.com/news/24/09/40754938/semiconductor-etfs-take-a-beating-dragged-lower-by-nvidia-amd-and-broadcom-stocks" rel="noreferrer noopener">the semiconductor selloff</a>.
On the brighter side, reports indicated that the contract chipmaker&#8217;s production yield at the Arizona facility is at par with<a target="_blank" href="https://www.benzinga.com/government/24/09/40773084/taiwan-semiconductors-us-plant-matches-taiwan-production-yields-stock-gains" rel="noreferrer noopener"> its Taiwan facilities</a>.
Taiwan Semiconductor reported <a target="_blank" href="https://www.benzinga.com/news/24/09/40790997/taiwan-semiconductors-strong-august-sales-hint-at-big-gains-ahead-ai-and-iphone-demand-fuel-optimism" rel="noreferrer noopener">33% topline growth</a> in&nbsp;August 2024, testimony to the smartphone market recovery and continued demand for&nbsp;Nvidia AI chips. Analysts expect third-quarter revenue growth of 37%.
Some of Taiwan Semiconductors key September wins included a Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google smartphone deal&nbsp;involving <a target="_blank" href="https://www.benzinga.com/news/24/09/40833611/google-picks-taiwan-semiconductor-for-pixel-chips-samsung-loses-key-deal-report" rel="noreferrer noopener">Pixel 10 and Pixel 11 chips</a> and Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) A16 chip at <a target="_blank" href="https://www.benzinga.com/news/24/09/40920976/taiwan-semiconductor-begins-production-of-apple-a16-smartphone-chips-at-arizona-facility-report" rel="noreferrer noopener">its Arizona Fab</a>.
Taiwan Semiconductor is up over 90% in the last 12 months as it led the&nbsp;global foundry market, commanding a 62% share in the <a target="_blank" href="https://www.benzinga.com/news/24/09/40711613/taiwan-semiconductor-bets-on-ai-growth-surge-samsung-joins-ai-optimism-in-trade-show" rel="noreferrer noopener">second quarter of 2024</a>.
Price Action: TSM stock closed at $167.28 on Wednesday.
Image via Shutterstock

What has Taiwan Semiconductor Stock Done Since Nvidia Earnings?

TSLA

Shares of stocks across sectors are trading higher after the Federal Reserve cut rates by 50 bps.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$59.2K</td>
<td>43.1K</td>
<td>70.4K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$180.00</td>
<td>$54.3K</td>
<td>18.9K</td>
<td>11.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$152.50</td>
<td>$77.8K</td>
<td>8.6K</td>
<td>8.2K</td>
</tr>
<tr>
<td>MRVL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$60.00</td>
<td>$38.0K</td>
<td>4.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$30.00</td>
<td>$697.5K</td>
<td>20.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$19.00</td>
<td>$48.4K</td>
<td>2.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$125.00</td>
<td>$29.0K</td>
<td>4.5K</td>
<td>1.0K</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$155.00</td>
<td>$99.9K</td>
<td>3.2K</td>
<td>967</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$21.00</td>
<td>$25.6K</td>
<td>16.6K</td>
<td>959</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$450.00</td>
<td>$68.0K</td>
<td>778</td>
<td>851</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on September 20, 2024. This event was a transfer of 250 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $59.2K, with a price of $237.0 per contract. There were 43182 open contracts at this strike prior to today, and today 70495 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 125 contract(s) at a $180.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $54.3K, with a price of $435.0 per contract. There were 18909 open contracts at this strike prior to today, and today 11055 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on September 20, 2024. This event was a transfer of 401 contract(s) at a $152.50 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $77.8K, with a price of $194.0 per contract. There were 8666 open contracts at this strike prior to today, and today 8204 contract(s) were bought and sold. 
• For MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we notice a put option trade that happens to be bullish, expiring in 485 day(s) on January 16, 2026. This event was a transfer of 50 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $760.0 per contract. There were 4182 open contracts at this strike prior to today, and today 2006 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 20, 2024. Parties traded 1065 contract(s) at a $30.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $697.5K, with a price of $655.0 per contract. There were 20070 open contracts at this strike prior to today, and today 1246 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 121 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $19.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $48.4K, with a price of $242.0 per contract. There were 2511 open contracts at this strike prior to today, and today 1048 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bullish sentiment. It expires in 2 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 4557 open contracts at this strike prior to today, and today 1031 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 740 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $99.9K, with a price of $135.0 per contract. There were 3263 open contracts at this strike prior to today, and today 967 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option trade that happens to be bullish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 200 contract(s) at a $21.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $128.0 per contract. There were 16691 open contracts at this strike prior to today, and today 959 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option sweep that happens to be neutral, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 18 contract(s) at a $450.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $3784.0 per contract. There were 778 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MARA

ORCL

Financial giants have made a conspicuous bearish move on Advanced Micro Devices. Our analysis of options history for Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) revealed 16 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $434,230, and 10 were calls, valued at $473,774.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $380.0 for Advanced Micro Devices over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Advanced Micro Devices's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Advanced Micro Devices's whale activity within a strike price range from $120.0 to $380.0 in the last 30 days. 
<h3>Advanced Micro Devices 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726669879_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$0.4</td>
<td>$0.38</td>
<td>$0.4</td>
<td>$160.00</td>
<td>$136.0K</td>
<td>38.2K</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$2.17</td>
<td>$2.16</td>
<td>$2.17</td>
<td>$120.00</td>
<td>$114.8K</td>
<td>11.6K</td>
<td style="text-align: right;">549</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$232.9</td>
<td>$228.05</td>
<td>$228.15</td>
<td>$380.00</td>
<td>$114.0K</td>
<td>0</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$13.85</td>
<td>$13.75</td>
<td>$13.85</td>
<td>$150.00</td>
<td>$63.7K</td>
<td>5.8K</td>
<td style="text-align: right;">115</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$30.85</td>
<td>$30.7</td>
<td>$30.7</td>
<td>$165.00</td>
<td>$61.4K</td>
<td>3.9K</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>

<h3>About Advanced Micro Devices</h3>
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications, among others. AMD's traditional strength was in central processing units, CPUs, and graphics processing units, or GPUs, used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array, or FPGA, leader Xilinx to diversify its business and augment its opportunities in key end markets such as the data center and automotive.
In light of the recent options history for Advanced Micro Devices, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Advanced Micro Devices</h3>
<ul>
<li>Currently trading with a volume of 4,744,009, the AMD's price is down by -0.78%, now at $149.65. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 41 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Advanced Micro Devices, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

What the Options Market Tells Us About Advanced Micro Devices

In 2022, Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) lost out to Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), a multiyear Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation 6 chip deal, according to a Reuters exclusive report.
The sources told Reuters that tapping Intel would have posed backward compatibility issues, entailing higher costs and engineering resources, as AMD made the PlayStation 5 chip.
Intel fell out with Sony by failing to quote an appropriate selling price per chip after factoring in its profit share per chip sold to the PlayStation maker, the sources told Reuters.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40833611/google-picks-taiwan-semiconductor-for-pixel-chips-samsung-loses-key-deal-report" rel="noreferrer noopener">Google Picks Taiwan Semiconductor For Pixel Chips, Samsung Loses Key Deal: Report</a>
According to Reuters, the five-year deal involving contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) could have contributed $30 billion to Intel.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6.png" alt="" class="wp-image-549403" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16080324/newplot-1-6-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Since its release in 2020, the PlayStation 5 has sold over 59 million units, marking a respite for significant console makers, which faced double-digit percentage declines in May 2024. Sony is <a target="_blank" href="https://www.benzinga.com/news/24/09/40801792/sonys-playstation-5-pro-to-hit-shelves-in-november-boasting-45-faster-performance" rel="noreferrer noopener">eying an upgraded</a>, premium version dubbed PlayStation 5 Pro before the holiday season.
Sony&#8217;s&nbsp;fiscal first-quarter 2024&nbsp;topline growth&nbsp;was 2% to $19.3 billion, beating the consensus of&nbsp;$17.19 billion.&nbsp;Game &amp; Network Services (G&amp;NS) revenue increased 12%.
Intel stock has been&nbsp;down over 48% in&nbsp;the last 12 months as it has failed to capitalize on the artificial intelligence shift.
This has forced it to weigh strategic options for Israeli autonomous driving company&nbsp;Mobileye Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>)&nbsp;and its Enterprise Networking division.
The contract chipmaker bagged two wins in September, including $1.91 billion in Polish state grants for a new chip plant in the country and a <a target="_blank" href="https://www.benzinga.com/news/24/09/40864854/intel-bags-3-5b-contract-to-produce-chips-for-pentagon-report" rel="noreferrer noopener">$3.5 billion deal</a> to manufacture semiconductors for the U.S. military.
AMD stock is up 49% in the last 12 months as it succeeded in tapping the AI frenzy while <a target="_blank" href="https://www.benzinga.com/news/24/09/40820316/amd-gains-ground-in-ai-chip-market-oracle-exec-confirms-growing-demand-report" rel="noreferrer noopener">maneuvering its position</a> versus Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Price Actions: INTC stock closed higher by 6.36% to $20.91 on Monday. AMD closed at $152.08.
Photo via Shutterstock

Media

MBLY

Sony Group Corporation American Depositary Shares

SONY

Intel Missed Out on PlayStation 6 Chip Deal to AMD: Report

The semiconductor and data center sectors are fast-paced and volatile, with companies like NVIDIA&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>)&nbsp;and Advanced Micro Devices (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amd#NASDAQ">AMD</a>) leading the way. However, a giant is quietly revolutionizing the sector and becoming a force to be reckoned with in the artificial intelligence (AI) revolution. While many may overlook this diversified technology company, Broadcom Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>) is growing its AI capabilities and making strategic investments that generate positive investor sentiment.
<h2>A Multifaceted Technological Powerhouse</h2>
Broadcom is a technology company with a vast portfolio spanning 26 divisions, offering a diverse range of semiconductor and infrastructure software solutions. Its offerings include network connectivity chips for data centers, server storage, broadband and wireless products, cybersecurity, and cloud computing solutions. This broad reach gives Broadcom a distinct advantage, enabling it to capitalize on emerging trends across multiple technology sub-sectors.
The semiconductor industry is experiencing rapid growth, driven by the rise of AI. Companies like NVIDIA and AMD have emerged as industry leaders, attracting significant investment and attention. However, Broadcom offers a more stable and less volatile approach with its diversified portfolio. It provides a more balanced investment opportunity that is less dependent on the volatile swings of a single market.
<h2>Broadcom&#39;s AI Strategy: A Quiet Revolution</h2>
Broadcom&#39;s strategy has been to invest steadily in AI chips and data center infrastructure. This includes developing high-performance networking chips and storage solutions specifically designed to support the demands of AI workloads. This strategic focus is crucial for the company&#39;s future growth as the need for advanced chips and infrastructure to power AI applications continues to increase.
A key milestone in Broadcom&#39;s AI strategy was its November 2023 acquisition of VMware, a leading cloud architecture software company. This acquisition significantly bolstered Broadcom&#39;s AI software and cloud infrastructure position, giving it a more comprehensive and integrated offering.
VMware&#39;s expertise in system virtualization and cloud management perfectly complements Broadcom&#39;s hardware capabilities, enabling the company to offer end-to-end solutions for data centers, cloud computing, virtual systems, servers, and AI deployments.
The integration of VMware into Broadcom&#39;s operations has been a complex process that has presented challenges and opportunities. However, the company has shown confidence that the acquisition will drive significant growth and enhance its competitiveness in the AI market.
<h2>The Latest Earnings Report: A Glimpse Into Growth</h2>
Broadcom&#39;s earnings report for the third quarter of fiscal year 2024 provided valuable insights into the company&#39;s performance and effectiveness in its AI strategy. The company reported impressive revenue growth of 47% year over year, reaching $13.1 billion.
While this growth is impressive, it&#39;s important to note that a significant portion is attributed to VMware&#39;s acquisition, strengthening the infrastructure software segment. Excluding VMware, Broadcom&#39;s organic revenue growth was only 4% year-over-year. This suggests that the company&#39;s core business, specifically its semiconductor solutions segment, is not yet seeing the same level of growth as its AI-focused peers.
However, it is crucial to remember that Broadcom&#39;s semiconductor solutions segment, primarily focused on non-AI applications, is starting to show signs of stabilization. Broadcom&#39;s CEO, Hock Tan, has stated that &quot;non-AI semiconductor revenue has stabilized&quot; and that the company is &quot;expecting a recovery&quot; in the coming quarters. The executive&#39;s comments suggest Broadcom&#39;s non-AI businesses are at a turning point and potentially ready to drive future growth.
In addition to revenue, Broadcom reported adjusted EBITDA of $8.223 billion for the quarter, representing 63% of revenue, a notable increase of 42% year-over-year. This demonstrates the company&#39;s continued focus on profitability and its ability to generate cash flow. The company also highlighted that adjusted EBITDA for the upcoming quarter is expected to reach approximately 64% of projected revenue.
The strong adjusted EBITDA performance is another positive sign for investors. It suggests that Broadcom is managing its costs effectively and generating significant cash flow despite the ongoing transition in its core business and the integration of VMware.
Broadcom&#39;s financial performance and its AI strategy are closely intertwined. During the earnings call, Tan also said that revenue from AI products will drive $12 billion in annual sales this year, up from the prior company estimate of $11 billion. The company&#39;s commitment to AI is evident in its focus on developing and deploying advanced chips and solutions for data centers and other critical applications.
<h2>Analyst Recommendations and the Investment Outlook</h2>
Broadcom&#39;s analyst community is generally optimistic about the company&#39;s future. The average price target for Broadcom stock is $189.23, representing a potential upside of 29.37% from the current price. Of 25 analysts covering the stock, 24 recommend buying it, while one recommends holding it. This &quot;Moderate Buy&quot; consensus rating indicates a generally positive market sentiment toward Broadcom.
<h2>A Final Thought: Broadcom&#39;s AI Powerhouse Emerges</h2>
Broadcom&#39;s AI revolution is quietly unfolding. While its current growth relies heavily on VMware, the company is strategically positioning itself as a dominant player in the AI space. Its non-AI businesses show signs of recovery, and AI drives strong revenue growth. The company&#39;s valuation relative to its peers, its commitment to AI, and the positive outlook from analysts make Broadcom an intriguing investment opportunity for investors with a long-term time horizon.
As Broadcom continues developing its AI capabilities and integrating VMware into its operations, investors might benefit from its quiet transformation into an AI powerhouse. Broadcom&#39;s journey to becoming a leader in AI is far from over, and the company&#39;s potential for future growth is significant. The market&#39;s current underestimation of Broadcom&#39;s AI strategy may present a window of opportunity for investors willing to look beyond the short term and embrace the potential of this quietly growing technology leader.
The article &quot;<a href="https://www.nasdaq.com/articles/broadcoms-ai-powerhouse-quiet-giant-emerges">Broadcom&#39;s AI Powerhouse: A Quiet Giant Emerges</a>&quot; first appeared on MarketBeat.

Earnings

Large Cap

Price Target

Offerings

Analyst Ratings

Broadcom's AI Powerhouse: A Quiet Giant Emerges

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$117.00</td>
<td>$38.0K</td>
<td>12.5K</td>
<td>61.6K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$165.00</td>
<td>$38.9K</td>
<td>6.9K</td>
<td>8.7K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$450.00</td>
<td>$57.2K</td>
<td>1.7K</td>
<td>4.4K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$210.00</td>
<td>$630.5K</td>
<td>4.9K</td>
<td>2.5K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$87.00</td>
<td>$37.6K</td>
<td>610</td>
<td>2.2K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$180.00</td>
<td>$237.8K</td>
<td>15.9K</td>
<td>1.9K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$31.0K</td>
<td>15.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$600.00</td>
<td>$1.3 million</td>
<td>561</td>
<td>364</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$180.00</td>
<td>$62.3K</td>
<td>8.1K</td>
<td>362</td>
</tr>
<tr>
<td>WOLF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.00</td>
<td>$61.4K</td>
<td>2.3K</td>
<td>360</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 20, 2024. This event was a transfer of 139 contract(s) at a $117.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $274.0 per contract. There were 12592 open contracts at this strike prior to today, and today 61676 contract(s) were bought and sold. 
• Regarding ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on September 20, 2024. Parties traded 50 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $38.9K, with a price of $778.0 per contract. There were 6977 open contracts at this strike prior to today, and today 8784 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on September 20, 2024. This event was a transfer of 30 contract(s) at a $450.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.2K, with a price of $1909.0 per contract. There were 1754 open contracts at this strike prior to today, and today 4442 contract(s) were bought and sold. 
• For IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we notice a call option sweep that happens to be bullish, expiring in 60 day(s) on November 15, 2024. This event was a transfer of 452 contract(s) at a $210.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $630.5K, with a price of $1395.0 per contract. There were 4980 open contracts at this strike prior to today, and today 2545 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $87.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $188.0 per contract. There were 610 open contracts at this strike prior to today, and today 2252 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option trade with bullish sentiment. It expires in 123 day(s) on January 17, 2025. Parties traded 298 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $237.8K, with a price of $798.0 per contract. There were 15915 open contracts at this strike prior to today, and today 1985 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on December 20, 2024. Parties traded 1000 contract(s) at a $30.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $31.0 per contract. There were 15581 open contracts at this strike prior to today, and today 1337 contract(s) were bought and sold. 
• Regarding ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we observe a call option trade with neutral sentiment. It expires in 277 day(s) on June 20, 2025. Parties traded 350 contract(s) at a $600.00 strike. The total cost received by the writing party (or parties) was $1.3 million, with a price of $3750.0 per contract. There were 561 open contracts at this strike prior to today, and today 364 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 123 day(s) on January 17, 2025. This event was a transfer of 63 contract(s) at a $180.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $62.3K, with a price of $990.0 per contract. There were 8124 open contracts at this strike prior to today, and today 362 contract(s) were bought and sold. 
• Regarding WOLF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), we observe a put option sweep with bullish sentiment. It expires in 95 day(s) on December 20, 2024. Parties traded 307 contract(s) at a $8.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $61.4K, with a price of $200.0 per contract. There were 2324 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ADBE

WOLF

Shares of Arm Holdings PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) had spiked last week on prospects of the company&#8217;s V9 architecture being used in the new A18 chip for<a href="https://www.benzinga.com/news/24/09/40840174/whats-going-on-with-arm-holdings-stock-thursday"> Apple Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16</a>.
The company has a proven growth track record and opportunities to continue growing faster than Street expectations, according to Benchmark.
The Arm Holdings Thesis: While the company is a "strong AI play," the elevated growth expectations are already priced into its stock, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e2ae9e3430dee0001c80e0c/cody-acree">analyst Cody Acree</a> said in a note Monday. 
&#8220;For now, we are initiating coverage with a Hold rating and setting no price target, as is Benchmark's standard practice,&#8221; Acree said.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We believe the company is a unique investment property with solid leverage to the industry's fastest growth drivers, a growing position in the rapidly expanding AI and Data Center markets, and a dominant player in key industry verticals, such as smartphones and a growing participation in the AI PC market," the analyst wrote.
He added, however, that Apple's iPhone 16 will follow a "piece-meal AI strategy," with Apple Intelligence being launched sometime next month in the U.S. followed by a staggered rollout globally.
Arm's stock trades at twice the forward multiples of direct AI peers, such as Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), Acree further stated.
ARM Price Action: Shares of Arm Holdings had declined by 4.92% to $140.12&nbsp;at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment"> </a>
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/09/40874566/apple-shares-slide-in-monday-premarket-whats-souring-sentiment">Apple Shares Slide In Monday Premarket: What&#8217;s Souring Sentiment?</a></li>
</ul>
Image: Shutterstock

Initiation

Arm Holdings Is A 'Strong AI Play' But Not A Buy, Analyst Says

Contracts

Reuters Reported Intel Lost Out On Next-gen Sony PlayStation Chip Business To AMD; Sony PlayStation 6 Chips Worth More Than $30B In Revenue Over ~Five Years

Tech&#8217;s extended bull run has more legs to play out, with a key imminent catalyst potentially giving a<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40828657/top-3-tech-stocks-youll-regret-missing-in-september"> thrust to the stocks belonging to the sector,</a> according to an analyst at Wedbush.
Fed To Kickstart Risk-On Trade: The Federal Reserve will finally begin to cut interest rates in the current monetary policy cycle. The likely cut will come two-and-a-half years after the first rate hike implemented to curb inflationary pressure that reared its ugly head following the stimulatory measures implemented to offset the impact of the COVID-19 pandemic. 
Wedbush&#8217;s Daniel Ives said tech investors now look forward to risk-on trade after some nervousness seen in late July. &#8220;Despite all the noise and white knuckles, overall tech earnings have been generally robust with Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), the latest tech stalwart to give more validation that the AI Revolution is starting to quickly move towards the much-awaited software and use case part of the cycle,&#8221; he said.
See Also: <a href="https://www.benzinga.com/money/best-tech-stocks">Best Tech Stocks Right Now</a>
Growth Sweet-spot: The tech supply chain is gearing up for an &#8220;unprecedented&#8221; period of growth, driven by the massive artificial intelligence capex spending over the next few years, Ives said, basing his view on Asia checks.
The AI revolution, which kickstarted with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), now has ramifications for the broader tech sector, the analyst said, calling the technology the fourth industrial revolution. This revolution is happening across semiconductor, software, infrastructure, internet and smartphones and will likely extend over the next 12 to 18 months, he said.
Nvidia and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) are core drivers of AI, and now other tech stocks such as Oracle, ServiceNow, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), Dell Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), Apple, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Advanced Micro Devices, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NYSE">AMD</a>) are joining the party as well, he said. &#8220;We believe the stage is set for tech stocks to move higher into yearend and 2025 in our opinion as the Fed and Powell kick off its rate-cutting cycle this week, macro soft landing remains the path, and tech spending on AI remains a generational spending cycle just starting to hit the shores of the tech sector,&#8221; Ives said.
Why It&#8217;s Important: The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), an exchange-traded fund that tracks the Nasdaq 100 Index, has been on an extended uptrend since the start of 2023. This is despite the hiccup seen since mid-July due to concerns about the lavish capex plans of AI companies.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111-1024x475.png" alt="" class="wp-image-548793" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111-1024x475.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111-768x356.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111-1536x713.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/16015317/image-111.png 1860w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Source: Benzinga Pro data.
The extended run-up introduces caution among investors, given valuations have become stretched. Analysts also see the laggards and leaders switching places when the Fed begins to cut rates, with <a href="https://www.benzinga.com/markets/equities/24/07/39830547/why-cathie-wood-is-betting-on-small-cap-stocks-triumphing-over-magnificent-six-amid-restrictive-">underperforming interest-rate sensitive small-cap stocks seen as the biggest beneficiaries.</a>
Tech bulls such as Ives see the broadening of the rally rather than one gaining at the expense of the other, given the massive potential AI offers.
The QQQ settled Friday&#8217;s session up 0.45% at $475.34, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a> The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) gained 0.50% to $220.44 and is up about 15% for the year.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40771209/peter-schiff-warns-against-irrational-exuberance-toward-tech-stocks-cryptos-as-econ">Peter Schiff Warns Against Irrational Exuberance Toward Tech Stocks, Cryptos As Economist Cites Intel&#8217;s Fall From Grace</a></li>
</ul>
Photo by Phongphan on Shutterstock

DELL

Worried About Staggering Tech Valuation? Analyst Says These Stocks Are  Poised To Go Higher As Fed Kicks Off 'Rate-Cutting Cycle' This Week

The Nasdaq 100 Index just delivered its best weekly performance since October 2023, ripping 5.9% higher and closing five straight <a href="https://www.benzinga.com/markets">sessions in the green. </a>
This rally comes on the heels of last week's shocking 5.8% plunge—the index&#8217;s worst week since nearly two years.
<h3 class="wp-block-heading">Tech Stocks Have Rallied 5.9% This Week, Erasing Last Week&#8217;s Losses</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="447" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1024x447.png" alt="" class="wp-image-547826" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1024x447.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-300x131.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-768x335.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110-1536x670.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13160832/image-110.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?">Benzinga Pro</a></figcaption></figure>
What sparked the surge? Investors were stoked by a solid batch of economic data, showing tame inflation, steady jobless claims, and an upbeat <a href="https://www.benzinga.com/24/09/40857449/consumer-morale-hits-4-month-high-inflation-expectations-ease-partisan-gaps-in-sentiment-inched-up">consumer sentiment report.</a> 
This data has reinforced market expectations that the Federal Reserve will announce its first interest rate cut in more than four years during its upcoming meeting next week. 
There is currently an even split in market odds between a 25-basis-point cut and a more aggressive 50-basis-point cut, with the latter gaining traction in recent hours, as per CME FedWatch tool. 
A recent Goldman Sachs analysis showed how the stock market historically performed after <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40855247/fed-rate-cuts-and-s-p-500-the-why-matters-most-data-shows">the initial rate cut.</a> 
If the U.S. economy avoids a recession following the cut, stock market performance tends to be positive over the next three to six months. However, if a recession occurs, stocks typically underperform after a rate cut.
<h3 class="wp-block-heading">7 Top-Performing Tech Stocks This Week</h3>
Several tech stocks delivered impressive gains over the past five days, contributing to the overall Nasdaq 100 rally. Below are the top-performing stocks:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (5D)</td>
<td>Industry</td>
</tr>
<tr>
<td>Arm Holdings pic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)</td>
<td>26.00%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>22.53%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>18.39%</td>
<td>Technology Hardware, Storage and Peripherals</td>
</tr>
<tr>
<td>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>)</td>
<td>17.24%</td>
<td>Entertainment</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>15.81%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</td>
<td>13.60%</td>
<td>Semiconductors and Semiconductor Equipment</td>
</tr>
<tr>
<td>Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>)</td>
<td>13.24%</td>
<td>Electric Utilities</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40861446/silver-miner-etfs-notch-best-week-since-april-2020-as-rate-cut-bets-boost-preciou">Silver Miner ETFs Notch Best Week Since April 2020 As Rate-Cut Bets Boost Precious Metals: 5 Stocks Surge Over 20% This Week</a></li>
</ul>
Photo: Shutterstock

Broad U.S. Equity ETFs

Econ #s

Federal Reserve

Nasdaq 100 Posts Biggest Weekly Rally In Almost A Year As Fed Rate Cut Hopes Grow: Top 7 Tech Stocks Of The Week

The AI supercycle is fueling a heated competition between Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), with both tech giants racing to capture the <a href="https://www.benzinga.com/topic/artificial-intelligence">growing AI market</a>.
While AMD stock has gained 39.98% over the past year, Nvidia has surged 161.90%. Year-to-date, the gap is even wider, with AMD up 8.80% and Nvidia soaring 147.33%. After all, Nvidia&#8217;s first-mover advantage in the AI space has helped it amass over $2.9 trillion in market cap, with AMD left playing catch-up at around $245 billion.
AMD's CEO, Lisa Su, recently reaffirmed that AMD's AI roadmap is accelerating, while Nvidia confirmed a strong outlook for its upcoming Blackwell AI GPUs. But how do the two stocks compare on the technical front?
<h2 class="wp-block-heading">AMD's Bullish Momentum</h2>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042226/Screenshot-2024-09-13-at-1.51.46-PM.png" alt="" class="wp-image-546359" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042226/Screenshot-2024-09-13-at-1.51.46-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042226/Screenshot-2024-09-13-at-1.51.46-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
AMD stock has been on a bullish run, with its share price of $150.77 sitting above its five, 20 and 50-day exponential moving averages (EMAs), signaling strong buying pressure. 
AMD's eight-day simple moving average (SMA) of $143.38 and its 20-day SMA of $147.48 both indicate a bullish signal, while its 50-day SMA of $150.00 reinforces the short-to-medium term bullish sentiment.
However, a slight caution flag is raised by AMD's 200-day SMA of $159.25, which sits above the current stock price, creating a long-term bearish signal. 
While long-term indicators show potential resistance, the short-term outlook remains positive, making AMD stock an attractive pick in the AI space for the near term.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/09/40846595/cathie-woods-ark-invest-buys-6-9m-worth-of-shares-of-nvidia-rival-amd-sells-palantir-and-robinho">Cathie Wood&#8217;s Ark Invest Buys $6.9M Worth Of Shares Of Nvidia Rival AMD, Sells Palantir And Robinhood Stock</a>
<h2 class="wp-block-heading">Nvidia's AI Dominance, Bullish Trend</h2>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="631" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042238/Screenshot-2024-09-13-at-1.52.01-PM.png" alt="" class="wp-image-546362" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042238/Screenshot-2024-09-13-at-1.52.01-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/13042238/Screenshot-2024-09-13-at-1.52.01-PM-300x217.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Nvidia continues to lead the AI race, and its technical indicators show a bullish trend as well. With its share price at $119.11, Nvidia stock is currently trading above its five, 20 and 50-day EMAs, signifying slight buying pressure. Nvidia stock's eight-day SMA of $110.75 and 20-day SMA of $118.74 both flash bullish signals, with the 50-day SMA at $117.55 further supporting this bullish view.
Unlike AMD, Nvidia's 200-day SMA stands at $90.74, well below its current price, providing a strong bullish signal for the long term. The stock is positioned for continued strength, boosted by its upcoming Blackwell chips and AI leadership.
Both AMD and NVIDIA are showing bullish momentum in the short term, with strong technical support. While AMD is making aggressive strides to catch up with Nvidia's AI dominance, Nvidia's leadership in the market remains secure, backed by robust technical indicators and an advanced product roadmap. 
Investors may find opportunities in both stocks, but Nvidia currently holds the edge.
Read Also: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40837620/nvidia-ceo-jensen-huang-eases-investor-concerns-on-ai-demand-blackwell-timeline-and">Nvidia Analyst Praises Huang&#8217;s Insight That Hyperscale Customers Earn &#8216;$5 In Rental Revenue For Every $1 Spent&#8217;</a></li>
</ul>
Photo: Shutterstock

Technicals

AMD Vs. Nvidia: AI Stock Showdown Heats Up As Market Awaits Next Big Move

On Thursday, Cathie Wood&#8217;s Ark Invest made some significant trades, with Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Robinhood Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), and Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) being the most prominent.
The AMD Trade: Ark Invest&#8217;s ARKK fund bought 45,541 shares of AMD through its flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). The move comes after Oracle Corp&#8217;s executive confirmed AMD&#8217;s <a href="https://www.benzinga.com/news/24/09/40820316/amd-gains-ground-in-ai-chip-market-oracle-exec-confirms-growing-demand-report">growing traction</a> in the data center chip market for artificial intelligence. AMD is also <a href="https://www.benzinga.com/news/24/09/40776199/amd-vs-nvidia-amds-surprising-strategy-shift-in-gaming-gpu-battle">shifting its focus to the gaming GPU market</a>, aiming to capture 40%-50% of the total addressable market by focusing on mainstream and mid-range GPUs. Based on AMD&#8217;s closing price of $150.77 on the same day, the value of the trade is approximately $6.9 million.
The HOOD Trade: Ark Invest&#8217;s Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) fund sold 19,518 shares of Robinhood worth $422,369. This comes after Robinhood agreed to a <a href="https://www.benzinga.com/news/24/09/40798894/robinhood-reaches-3-9m-settlement-with-california-over-blocking-cryptocurrency-withdrawals">$3.9 million settlement</a> with California's Department of Justice over its past ban on Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) cryptocurrency withdrawals. Despite the settlement, Robinhood has been transitioning from a meme stock trading platform to a more mature and competitive player against traditional brokerages. Based on HOOD&#8217;s closing price of $21.64 on the same day, the value of the trade is approximately $422,000.
The PLTR Trade: Ark Invest&#8217;s ARKK fund sold 4,861 shares of <a href="https://www.benzinga.com/markets/equities/24/09/40825098/cathie-woods-ark-invest-continues-to-sell-palantir-offloads-6-4m-worth-of-shares-loads-up-on-coi">Palantir</a>. The transaction was made through ARKK. This move is part of Ark&#8217;s <a href="https://www.benzinga.com/markets/equities/24/09/40825098/cathie-woods-ark-invest-continues-to-sell-palantir-offloads-6-4m-worth-of-shares-loads-up-on-coi">recent trend</a> of selling Palantir shares. Based on PLTR&#8217;s closing price of $34.91 on the same day, the value of the trade is approximately $170,000.
See Also: <a href="https://www.benzinga.com/news/earnings/24/09/40811837/how-to-earn-500-a-month-from-nvidia-stock?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How To Earn $500 A Month From Nvidia Stock</a> 
Other Key Trades:
<ul>
<li>Ark Invest&#8217;s ARKG fund bought shares of Personalis. Ark Invest&#8217;s ARKG fund bought shares of Guardant Health Inc.</li>
<li>Ark Invest&#8217;s ARKK fund bought shares of Draftkings Inc. Ark Invest&#8217;s ARKW fund bought shares of Rubrik Inc (RBRK).</li>
<li>Ark Invest&#8217;s ARKX fund bought shares of Blade Air Mobility Inc (BLDE).</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/24/09/40808813/after-kamala-harris-said-us-steel-should-remain-american-owned-nippon-steels-takahiro-mori-reportedl?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">After Kamala Harris Said US Steel Should Remain &#8216;American-Owned,&#8217; Nippon Steel&#8217;s Takahiro Mori Reportedly Flies To US For Final Attempt At Saving $15B Deal</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

$BTC

Cathie Wood's Ark Invest Buys $6.9M Worth Of Shares Of Nvidia Rival AMD, Sells Palantir And Robinhood Stock

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/13/24</td>
<td>$120.00</td>
<td>$55.6K</td>
<td>61.4K</td>
<td>307.5K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$165.00</td>
<td>$35.4K</td>
<td>8.8K</td>
<td>10.3K</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$18.00</td>
<td>$33.3K</td>
<td>2.2K</td>
<td>6.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/13/24</td>
<td>$145.00</td>
<td>$29.2K</td>
<td>12.7K</td>
<td>5.5K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$500.00</td>
<td>$57.0K</td>
<td>2.1K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$95.00</td>
<td>$280.0K</td>
<td>1.7K</td>
<td>1.8K</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$30.2K</td>
<td>3.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$55.0K</td>
<td>10.4K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$425.00</td>
<td>$41.1K</td>
<td>221</td>
<td>1.0K</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$540.00</td>
<td>$25.4K</td>
<td>400</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 359 contract(s) at a $120.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $55.6K, with a price of $155.0 per contract. There were 61459 open contracts at this strike prior to today, and today 307501 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 80 contract(s) at a $165.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $443.0 per contract. There were 8870 open contracts at this strike prior to today, and today 10383 contract(s) were bought and sold. 
• Regarding U (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on September 13, 2024. Parties traded 300 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $111.0 per contract. There were 2227 open contracts at this strike prior to today, and today 6180 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option trade that happens to be neutral, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $585.0 per contract. There were 12743 open contracts at this strike prior to today, and today 5551 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bearish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 150 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $57.0K, with a price of $380.0 per contract. There were 2167 open contracts at this strike prior to today, and today 2271 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on November 15, 2024. This event was a transfer of 500 contract(s) at a $95.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $280.0K, with a price of $560.0 per contract. There were 1792 open contracts at this strike prior to today, and today 1871 contract(s) were bought and sold. 
• For TXN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on October 18, 2024. This event was a transfer of 83 contract(s) at a $190.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $365.0 per contract. There were 3583 open contracts at this strike prior to today, and today 1247 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a call option sweep that happens to be bullish, expiring in 127 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $10.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $55.0 per contract. There were 10466 open contracts at this strike prior to today, and today 1236 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be bearish, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 121 contract(s) at a $425.00 strike. The total cost received by the writing party (or parties) was $41.1K, with a price of $340.0 per contract. There were 221 open contracts at this strike prior to today, and today 1095 contract(s) were bought and sold. 
• For ADBE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on September 13, 2024. This event was a transfer of 50 contract(s) at a $540.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $510.0 per contract. There were 400 open contracts at this strike prior to today, and today 1064 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IONQ

10 Information Technology Stocks With Whale Alerts In Today's Session

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/09/2024-09-12_08h30_57.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Human-Like Reasoning AI Ahead</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-ppi-openai-strawberry-nvda-mc-09122024">click here</a> for an enlarged chart of NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of NVDA is being used to illustrate the point.</li>
<li>The chart shows that last week NVDA stock touched the top band of the support zone.</li>
<li>RSI on the chart shows that NVDA was oversold when it touched the top band of the support zone.&nbsp; Oversold stocks tend to bounce.&nbsp; The chart shows this is exactly what was happening until yesterday.</li>
<li>In yesterday's Morning Capsule, we wrote:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">In the early trade, the momo crowd is ignoring the data and aggressively buying the slight dip in AI stocks.&nbsp; The buying in AI stocks is due to front running a speech by Nvidia&#8217;s Jensen Huang.&nbsp; The buying is especially aggressive in Nvidia (NVDA).
</blockquote>
<ul>
<li>When Jensen Huang did not say anything new to run up NVDA stock, NVDA stock pulled back.&nbsp; After NVDA stock pulled back, a new momo guru narrative started taking hold.&nbsp; We wrote yesterday in a post in ZYX Buy and ZYX Allocation:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">This afternoon, the momo crowd is again extremely aggressively buying semiconductor stocks as momo gurus&#8217; new narrative takes hold.&nbsp; Momo gurus have all but anointed Harris as the next president after last night&#8217;s debate performance.&nbsp; Momo gurus&#8217; new narrative is that Harris will not be harsh on China like Trump, and there will be no tariffs.&nbsp; This will provide an opportunity for semiconductor companies to sell more semiconductors to China.
</blockquote>
<ul>
<li>We also wrote:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">In The Arora Report analysis, there are two major problems with the new momo guru narrative:
<ul>
<li>It is premature to anoint Harris as the next president.</li>
<li>Even if Harris is elected president, she is not going to give away AI technology to China.</li>
</ul>
</blockquote>
<ul>
<li>As NVDA stock started moving up, analysts started reminding investors of the regurgitation of high demand from Huang's speech and that Blackwell is coming.&nbsp; This brought in additional buying.</li>
<li>The chart shows that when NVDA stock broke above the mini support zone (previously mini resistance zone).</li>
<li>As NVDA stock broke above the top band of the mini support zone, technical analysts started declaring the correction in NVDA over.&nbsp; This brought in extremely aggressive buying in NVDA and other AI stocks going into the close.</li>
<li>In the early trade prior to the release of PPI data, buying in NVDA and other AI stocks such as Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Arm Holdings PLC &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), and Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) was very aggressive.</li>
<li>After release of PPI data, some selling is coming in to take advantage of the strength.</li>
<li>Yesterday, we shared with you that CPI was hotter than expected.&nbsp; This morning Producer Price Index (PPI) came hotter than expected.&nbsp; Here are the details:
<ul>
<li>Headline PPI came at 0.2% vs. 0.2% consensus.</li>
<li>Core PPI came at 0.3% vs. 0.2% consensus.</li>
</ul>
</li>
<li>In The Arora Report analysis, after hotter PPI data, it will be safer for the Fed to not cut rates in September and wait for more data before cutting rates in October.&nbsp; Further, in The Arora Report analysis, the Fed should definitely not cut interest rates by 50 bps.&nbsp; Hotter inflation data is a negative for the stock market.&nbsp; However, right now, the momo crowd is oblivious and aggressively buying stocks.&nbsp;&nbsp;</li>
<li>New AI developments are exciting, but investors need to do a 360 degree analysis.</li>
<li>Jobless claims came at 230K vs. 229K consensus.&nbsp; This indicates that the jobs picture is staying strong.&nbsp; Jobless claims is a leading indicator and carries heavy weight in our adaptive <a href="https://thearorareport.com/ALLOCATION%2BMODELS.htm">ZYX Asset Allocation Model</a> with inputs in <a href="https://thearorareport.com/unique-zyx-asset-allocation-4/">ten categories</a>.&nbsp; In plain English, adaptiveness means that the model changes itself with market conditions.&nbsp; Please <a href="https://thearorareport.com/unique-zyx-asset-allocation-3/">click here</a> to see how this is achieved.&nbsp; One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model.&nbsp; Most models on Wall Street are static.&nbsp; They work for a while and then stop working when market conditions change.</li>
<li>Adding to the excitement this morning is that OpenAI, the maker of ChatGPT, is about to release a new AI model called Strawberry.&nbsp; Strawberry is capable of some human-like reasoning.&nbsp;&nbsp;&nbsp;
<ul>
<li>OpenAI's valuation has now vaulted to $150B.</li>
</ul>
</li>
</ul>
<h3 class="wp-block-heading">Europe</h3>
The European Central Bank (ECB) has cut interest rates by 25 basis points. This is inline with the consensus.
The interest rate differential between the U.S. and Europe has now widened, putting pressure on the Fed to cut rates.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Nvidia (NVDA).
In the early trade, money flows are neutral in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
In the early trade, money flows are negative in Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.&nbsp; Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.&nbsp; The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).&nbsp; The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).&nbsp; The most popular ETF for oil is United States Oil ETF (ASCA:USO).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) was seeing buying with tech stocks prior to the release of PPI data.&nbsp; However, after the release of PPI data, selling has come into bitcoin.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Human-Like Reasoning 'Strawberry' Ahead, Aggressive Nvidia Buying, Hotter Inflation Data

Several growth companies have been under pressure due to the impact of macro headwinds, including steep borrowing costs and high inflation. The Fed...

TSLA, AMD, or PLTR: Which Growth Stock Is the Best Pick?

IBKR's 25 most actively traded stocks ranked by SA's Quant Metrics

Tracking Philippe Laffont's Coatue Management Portfolio - Q2 2024 Update

AI chip spend must rise to meet even 'modest' expectations for LLM developers: Barclays

Intel: Gelsinger's Optimism Isn't Enough To Turn Around Its Sinking Ship

AMD Should Be Valued As A Software-First Chip Company

Is Intel's Turnaround Story Over? (Rating Downgrade)

AMD, Nvidia lead semiconductor stocks higher following Fed rate cut

SPY eyes biggest jump after a scheduled Fed meeting since the 2008 financial crisis

AI PCs Have Arrived: Shipments Rising, Competition Heating Up

ABNB

ASTS

CART

CRWD

EQIX

FCNCA

INTU

ISRG

LNVGF

LNVGY

LSCC

NFLX

NVDL

PYPL

SHOP

SOXS

SPXU

SQQQ

SSNLF

TNON

TQQQ

TSMWF

UBER

UPRO

Screenshot 2024-09-18 at 5.31.01 PM

Emerging Market ETFs

AIBD

AIBU

The Risks And Rewards Of Betting Big On AI &amp; Big Data

Press Releases

AMD Reports Second Quarter 2024 Financial Results

AMD Completes Acquisition of Silo AI to Accelerate Development and Deployment of AI Models on AMD Hardware

AMD to Significantly Expand Data Center AI Systems Capabilities with Acquisition of Hyperscale Solutions Provider ZT Systems

AMD to Present at the Deutsche Bank Technology Conference

AMD 2023-24 Corporate Responsibility Report: Advancing Sustainability, Collaboration and Inclusion

AMD Appoints AI Industry Veteran Keith Strier to Expand Global AI Capabilities and Engagements

AMD to Present at the Goldman Sachs Communacopia and Technology Conference

AMD Advancing AI 2024 Event to Highlight Next-gen Instinct and EPYC Processors and Expanding Solutions Ecosystem

Ethernet Innovation Drives Ethernet Alliance's ECOC 2024 Demo

The Risks And Rewards Of Betting Big On AI & Big Data

JNPR

KEYS

SNPS

Analog Devices

Astera Labs

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

Comments

Advanced Micro Devices

空売り

Advanced Micro Devices (NASDAQ:AMD) 株価情報, 空売り情報

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル