Últimas noticias sobre Broadcom (NASDAQ:AVGO) Bolsa

Broadcom

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

Technicals

Tech

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AVGO

MRVL

Descubre qué gigante de los semiconductores está ganando en la batalla tecnológica: Broadcom, Micron o Marvell. Análisis de tendencias clave.

Guerra de semiconductores: Broadcom (AVGO) Vs. Micron (MU) Vs. Marvell (MRVL)

Earnings

Long Ideas

News

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Calculamos cuánto necesitas invertir en acciones de Broadcom (AVGO) para generar ingresos de dividendos mensuales.

Cómo ganar $500 al mes con acciones de Broadcom

Pre-Market Outlook

SWBI

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: ABM, AVGO, BIG, SWBI y BRC.

5 acciones en el foco este viernes: ABM, AVGO, BIG, SWBI y BRC

Broadcom Inc

WIIM

INTC

KLAC

LRCX

MCHP

MKSI

NVDA

Shares of semiconductor and chip stocks are trading lower in sympathy with Applied Materials, which fell after its Q1 financial results.

A new 13F filing from Viking Fund Management reveals which companies the fund bought and sold in the third quarter, including exiting some oil companies ahead of the 2024 election.
Third Quarter Exits: Viking Fund Management sold out of eight stocks completely in the third quarter, including positions in some of the largest oil companies.
Here are the positions exited, as <a href="https://13f.info/13f/000116906924000080/compare/000116906924000006">reported </a>by 13finfo:
<ul>
<li>Marathon Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>)</li>
<li>Shell PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHEL#NYSE">SHEL</a>)</li>
<li>SM Energy Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>)</li>
<li>Southern Copper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>)</li>
<li>Sociedad Quimica y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>)</li>
<li>Murphy USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>)</li>
<li>Sanofi SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NYSE">SNY</a>)</li>
<li>Cactus Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>)</li>
</ul>
Third Quarter New Positions: The following were the new stocks added to the fund in the third quarter, ranked in size by the dollar value at the end of the quarter.
<ul>
<li>Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>)</li>
<li>EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>)</li>
<li>HF Sinclair Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DINO#NYSE">DINO</a>)</li>
<li>Weatherford International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WFRD#NASDAQ">WFRD</a>)</li>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>)</li>
<li>Vertiv Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>)</li>
<li>Chart Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLS#NYSE">GTLS</a>)</li>
<li>Vistra Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</li>
<li>United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>)</li>
<li>Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>)</li>
<li>Portland General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>)</li>
<li>Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>)</li>
<li>Nutrien (NTR.TO – Canada)</li>
</ul>
 Big Moves: The fund made several changes to its existing positions alongside the new positions and exited positions.
Here are the biggest additions in the quarter to existing stakes:
<ul>
<li>Civitas Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIVI#NYSE">CIVI</a>): +16,900%</li>
<li>Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>): +882%</li>
<li>LyondellBassell Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>): +400%</li>
<li>Rio Tinto PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIO#NYSE">RIO</a>): +386%</li>
<li>Dow Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): +200%</li>
</ul>
Here are the biggest position cuts during the quarter to existing stakes:
<ul>
<li>Texas Pacific Land (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>): -60%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): -50%</li>
<li>Haliburton Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>): -40%</li>
<li>ExxonMobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>): -36%</li>
<li>Ovintiv (OVV.TO – Canada): -33%</li>
</ul>
Why It's Important: At the end of the quarter, these are the fund's largest positions ranked by dollar value and the percentage they make up of the fund:
<ul>
<li>Broadcom: $27.96 million, 4.5%</li>
<li>AbbVie Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABBV#NYSE">ABBV</a>): $24.88 million, 4.0%</li>
<li>NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>): $22.65 million, 3.7%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): $16.27 million, 2.6%</li>
<li>BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): $14.24 million, 2.3%</li>
</ul>
The fund added significantly to its position in Broadcom, which remains the largest holding.
The quarter saw the sale of several oil stocks, but the fund opened new positions in several energy names in the quarter.
Photo: Shutterstock

ABBV

CIVI

DINO

GTLS

MUSA

SCCO

SHEL

TSLA

WFRD

Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom

Editor&#8217;s Note: The article was changed to reflect Renaissance Technologies, not Jim Simons, who passed away in May 2024.
In its third-quarter update, Renaissance Technologies, founded by the late <a href="https://www.benzinga.com/topic/jim-simons">famed "Quant King</a>&#8221; Jim Simons, showcased some notable pivots within its $66.5 billion portfolio.
<h1 class="wp-block-heading">Microsoft Stake, Trims Other Tech Names</h1>
Renaissance Technologies increased its stake in Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), betting on the tech giant's expansion in cloud and AI sectors, Renaissance revealed in a <a href="https://www.sec.gov/Archives/edgar/data/1037389/000103738924000091/xslForm13F_X02/primary_doc.xml">Wednesday SEC filing</a>.
At the same time, the company pared back investments in high-growth stocks such as Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). Nvidia's AI boom and Tesla's market lead in EVs didn't deter the company from reducing exposure, perhaps as a hedge against market corrections.
Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) was also scaled back, suggesting Renaissance might be positioning itself more defensively as tech valuations reach historic highs.
Renaissance's move to fortify positions in well-established tech names could signal a more cautious stance on speculative growth.
<h1 class="wp-block-heading">Palantir Takes The Lead In Renaissance's Portfolio</h1>
Among all the holdings, Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) now stands as Renaissance's largest position, making up 2.15% of the portfolio. Known for its deep government contracts and burgeoning AI applications, Palantir's data-centric profile aligns well with Renaissance&#8217;s quant-driven approach.
This shift highlights a strategic tilt toward resilient, data-focused tech plays, reflecting the company&#8217;s long-term confidence in the power of predictive analytics and secure data solutions.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41972288/can-palantir-sustain-its-300x-valuation-after-climbing-266-this-year">Can Palantir Sustain Its 300X Valuation After Climbing 266% This Year?</a>
<h1 class="wp-block-heading">Top Buys: Microsoft, Apple, Cisco</h1>
Alongside Microsoft, Renaissance added significantly to Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>). This trio signals a preference for big-cap stability in a year marked by market volatility.
While Microsoft's AI and cloud growth makes it a solid pick, Apple and Cisco bring diverse revenue streams, from consumer tech to networking infrastructure, giving Renaissance a balanced tech exposure.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/tech/24/11/41973572/ray-dalios-bridgewater-cuts-stake-in-microsoft-stock-by-20-is-big-tech-losing-its-shine">Ray Dalio&#8217;s Bridgewater Cuts Stake In Microsoft Stock By 20% – Is Big Tech Losing Its Shine?</a></li>
</ul>
Photo: Shutterstock

Hedge Funds

AAPL

CSCO

MSFT

PLTR

Renaissance Technologies Shifts Gears: Microsoft In, Tesla Out, Palantir On Top [CORRECTED]

SBUX

TRGP

Viking Fund Management 13F Shows Increased Stake In Broadcom From 16,510 To 162,100 Shares; Xcel Energy From 122,400 To 162,400 Shares; Chevron From 58,000 To 70,000 Shares; Starbucks From 87,000 To 105,000 Shares; Lam Research From 4,000 To 10,000 Shares; Pfizer From 286,000 To 344,000 Shares; Targa Resources From 81,000 To 60,000 Shares; Kinder Morgan From 50,000 To 75,000 Shares

AMZN

CPAY

TTWO

Tiger Global 13F Shows Increased Stake In UnitedHealth Group From 2,347,600 To 2,365,400 Shares; Amazon From 6,321,080 To 6,415,488 Shares; Take-Two Interactive Software From 5,643,542 To 5,839,256 Shares; Eli Lilly & Co From 930,000 To 969,800 Shares; Taiwan Semiconductor Manufacturing From 3,070,890 To 3,634,980 Shares; Corpay From 1,046,600 To 1,247,577 Shares; Broadcom From 182,300 To 1,845,500 Shares

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>BEARISH</td>
<td>11/15/24</td>
<td>$149.00</td>
<td>$25.6K</td>
<td>37.8K</td>
<td>114.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$227.50</td>
<td>$56.3K</td>
<td>4.2K</td>
<td>9.3K</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$62.00</td>
<td>$83.6K</td>
<td>891</td>
<td>2.2K</td>
</tr>
<tr>
<td>IREN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$8.00</td>
<td>$74.0K</td>
<td>4.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$64.00</td>
<td>$32.1K</td>
<td>2.9K</td>
<td>376</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$170.00</td>
<td>$37.5K</td>
<td>5.7K</td>
<td>356</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$190.00</td>
<td>$25.8K</td>
<td>1.2K</td>
<td>278</td>
</tr>
<tr>
<td>CIFR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$3.00</td>
<td>$72.1K</td>
<td>1.7K</td>
<td>230</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$53.00</td>
<td>$36.0K</td>
<td>221</td>
<td>215</td>
</tr>
<tr>
<td>LRCX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$75.00</td>
<td>$33.8K</td>
<td>861</td>
<td>192</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created 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 trade with bearish sentiment. It expires in 1 day(s) on November 15, 2024. Parties traded 400 contract(s) at a $149.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $64.0 per contract. There were 37833 open contracts at this strike prior to today, and today 114646 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on November 15, 2024. Parties traded 397 contract(s) at a $227.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $56.3K, with a price of $142.0 per contract. There were 4209 open contracts at this strike prior to today, and today 9333 contract(s) were bought and sold. 
• For ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on November 15, 2024. This event was a transfer of 836 contract(s) at a $62.00 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $83.6K, with a price of $101.0 per contract. There were 891 open contracts at this strike prior to today, and today 2269 contract(s) were bought and sold. 
• For IREN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>), we notice a call option sweep that happens to be bearish, expiring in 127 day(s) on March 21, 2025. This event was a transfer of 200 contract(s) at a $8.00 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 $74.0K, with a price of $370.0 per contract. There were 4316 open contracts at this strike prior to today, and today 1217 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 put option trade with bullish sentiment. It expires in 36 day(s) on December 20, 2024. Parties traded 7 contract(s) at a $64.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $4597.0 per contract. There were 2961 open contracts at this strike prior to today, and today 376 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 bearish, expiring in 1 day(s) on November 15, 2024. This event was a transfer of 158 contract(s) at a $170.00 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 $37.5K, with a price of $239.0 per contract. There were 5758 open contracts at this strike prior to today, and today 356 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bearish sentiment. It expires in 99 day(s) on February 21, 2025. Parties traded 17 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1518.0 per contract. There were 1276 open contracts at this strike prior to today, and today 278 contract(s) were bought and sold. 
• For CIFR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>), we notice a call option sweep that happens to be bearish, expiring in 127 day(s) on March 21, 2025. This event was a transfer of 200 contract(s) at a $3.00 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 $72.1K, with a price of $365.0 per contract. There were 1726 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold. 
• For CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on November 15, 2024. This event was a transfer of 70 contract(s) at a $53.00 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 $36.0K, with a price of $515.0 per contract. There were 221 open contracts at this strike prior to today, and today 215 contract(s) were bought and sold. 
• For LRCX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), we notice a put option sweep that happens to be bullish, expiring in 64 day(s) on January 17, 2025. This event was a transfer of 72 contract(s) at a $75.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $469.0 per contract. There were 861 open contracts at this strike prior to today, and today 192 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

CIFR

ENPH

IREN

SMCI

10 Information Technology Stocks Whale Activity In Today's Session

Ray Dalio's Bridgewater Associates recently trimmed its Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) stake by 20% in the third quarter 2024, marking a notable reduction in a stock long considered <a href="https://www.benzinga.com/quote/MSFT/news">a tech stalwart</a>.
But Dalio isn't the only prominent investor easing back; Cathie Wood's Ark Invest also trimmed its position in Microsoft, sparking speculation on the future role of Big Tech in high-profile portfolios.
<h3 class="wp-block-heading">Bridgewater's Q3 Picks</h3>
Bridgewater, managing over $17.7 billion, cut its Microsoft stock holding by 220,169 shares, reducing the stock's portfolio weight from 2.54% to 2.12%, according to a Wednesday SEC filing. This shift came as Dalio's fund focused on other assets, with its top buys leaning heavily toward core index holdings, like the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>), and major players in energy and semiconductor sectors, like Constellation Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>) and Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
The pivot suggests Bridgewater may be rebalancing in favor of sectors with defensive and growth-oriented plays, possibly seeking stability amid a fluctuating economic environment.
Read Also: <a href="https://www.benzinga.com/news/24/10/41594398/bill-gates-climate-innovation-model-wins-praise-from-ray-dalio-klaus-schwab-but-say-1-trillion-annua">Bill Gates&#8217; Climate Innovation Model Wins Praise From Ray Dalio, Klaus Schwab, But Say $1 Trillion Annual Funding Globally Is Not Enough</a>
<h3 class="wp-block-heading">Ark Invest's Microsoft Cutback: A Nod to Innovation Over Stability?</h3>
Wood's Ark Invest, known for its aggressive focus on innovation, also pared down its Microsoft stock holding, reducing its position by 11.05% in the third quarter.
Unlike Bridgewater, however, Ark's top buys this quarter were technology and biotech names like Tempus AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and 10X Genomics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>).
The moves highlight Ark's continued commitment to emerging technology and health care, emphasizing disruptive companies over Big Tech mainstays.
<h3 class="wp-block-heading">Broader Implications For Big Tech In Institutional Portfolios</h3>
As both Dalio and Wood adjust their positions, the moves reflect distinct investment philosophies but raise questions about Big Tech's evolving appeal. 
While Bridgewater seems to prioritize diversification and resilience, Ark's lean toward innovation shows a preference for companies positioned to drive future trends rather than rely on established giants. 
This mixed approach underscores the evolving role of Big Tech in dynamic portfolios amid a rapidly shifting economic and innovation landscape.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/11/41939983/microsoft-president-warns-beijings-tech-progress-is-catching-up-with-the-west-people-who-dont-go-to-china-too-often-assume-theyre-behind">Microsoft President Warns Beijing&#8217;s Tech Progress Is Catching Up With The West: &#8216;People Who Don&#8217;t Go To China Too Often Assume They&#8217;re Behind&#8217;</a></li>
</ul>
Image: Shutterstock

Ray Dalio's Bridgewater Cuts Stake In Microsoft Stock By 20% – Is Big Tech Losing Its Shine?

On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; Jim Cramer recommended buying Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
On Oct. 30, Microsoft reported first-quarter revenue of $65.60 billion, up 16% year-over-year. The total beat a Street consensus estimate of $64.51 billion according to data from Benzinga Pro. The company reported first-quarter earnings per share of $3.30, beating a Street consensus estimate of $3.09 per share.
The &#8220;Mad Money&#8221; host also praised American Water Works Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWK#NYSE">AWK</a>), <a href="https://www.benzinga.com/quote/AWK/earnings">calling it &#8220;consistent.&#8221;</a>
On Oct. 30, American Water Works posted mixed results <a href="https://www.benzinga.com/quote/AWK/earnings">for the third quarter</a>.
When asked about Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), he said, &#8220;These guys are doing so many things right.&#8221;
Amazon.com recently confirmed a vendor data breach exposing employee contact information, linking the <a href="https://www.benzinga.com/media/24/11/41927913/amazon-confirms-vendor-data-breach-affecting-2-8m-employee-contacts-adds-to-growing-list-of-moveit-hack-victims">company to the widening MOVEit hack.</a>
When asked about FS KKR Capital Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSK#NYSE">FSK</a>), he said, &#8220;I do think that overtime you're going to wish that you did start peeling some.&#8221;
On Nov. 13, FSK priced public offering of $600 million 6.125% unsecured notes due 2030.
Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) is doing &#8220;very, very well,&#8221; Cramer said.
Broadcom will report its fourth quarter and fiscal year 2024 financial results and business outlook on Thursday, Dec, 12, after the closing bell.
When asked about Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), he said, &#8220;This thing is a very hard stock to value.&#8221;
On Nov. 5, Trump Media &amp; Technology reported a quarterly loss of 10 cents per share, versus a year-ago loss of 30 cents per share.
Cramer said that he was surprised that SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) stock got as &#8220;crushed&#8221; as it did as the quarter wasn't &#8220;nearly that bad.&#8221;
On Nov. 12, SoundHound reported third-quarter revenue of $25.1 million, beating the consensus estimate of $23.02 million. The company reported an adjusted loss of six cents per share, beating analyst estimates for a loss of seven cents per share, according to Benzinga Pro.
Price Action:
<ul>
<li>American Water Works shares rose 0.01% to settle at $132.44 on Wednesday.</li>
<li>Amazon shares gained 2.5% to close at $214.10.</li>
<li>SoundHound AI shares dipped 17.1% to settle at $6.27 during the session.</li>
<li>Microsoft shares rose 0.5% to close at $425.20 on Wednesday.</li>
<li>Broadcom shares fell 1.5% to settle at $173.58 during the session.</li>
<li>Trump Media shares fell 5.1% to close at $28.93 on Wednesday.</li>
<li>FS KKR Capital shares gained 0.7% to settle at $21.15.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41936916/top-4-consumer-stocks-that-may-explode-in-november">Top 4 Consumer Stocks That May Explode In November</a></li>
</ul>
Image: Shutterstock

Media

SOUN

Jim Cramer Recommends Microsoft, Praises American Water Works For Being 'Consistent'

Whales with a lot of money to spend have taken a noticeably bullish stance on Broadcom.
Looking at options history for Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) we detected 88 trades.
If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 36 are puts, for a total amount of $2,040,912 and 52, calls, for a total amount of $2,742,429.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $100.0 to $220.0 for Broadcom over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</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 Broadcom'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 Broadcom's whale activity within a strike price range from $100.0 to $220.0 in the last 30 days. 
<h3>Broadcom Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731528033_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$74.55</td>
<td>$73.95</td>
<td>$74.6</td>
<td>$100.00</td>
<td>$253.6K</td>
<td>40</td>
<td>120</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$2.68</td>
<td>$2.43</td>
<td>$2.49</td>
<td>$180.00</td>
<td>$138.6K</td>
<td>2.2K</td>
<td>1.7K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$57.9</td>
<td>$57.5</td>
<td>$57.9</td>
<td>$118.00</td>
<td>$110.0K</td>
<td>114</td>
<td>19</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.9</td>
<td>$8.8</td>
<td>$8.8</td>
<td>$172.00</td>
<td>$105.6K</td>
<td>1.6K</td>
<td>237</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$17.35</td>
<td>$17.15</td>
<td>$17.26</td>
<td>$175.00</td>
<td>$87.9K</td>
<td>1.5K</td>
<td>98</td>
</tr>
</tbody>
</table>

<h3>About Broadcom</h3>
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
Following our analysis of the options activities associated with Broadcom, we pivot to a closer look at the company's own performance.
<h3>Where Is Broadcom Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 7,602,635, with AVGO's price down by -0.91%, positioned at $174.62.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 29 days.</li>
</ul>
<h3>What Analysts Are Saying About Broadcom</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $200.0.
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&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Broadcom, targeting a price of $200. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Broadcom options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Check Out What Whales Are Doing With AVGO

FSLR

LSCC

MPWR

MTSI

OLED

QCOM

QRVO

SWKS

Shares of semiconductor companies are trading lower. The sector may be moving amid continued weakness after the U.S. ordered Taiwan Semiconductor Manufacturing to halt shipments of advanced chips to Chinese customers earlier this week.

Oppenheimer analyst Param Singh initiated coverage on Nutanix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) with an Outperform rating and a <a target="_blank" href="https://www.benzinga.com/quote/NTNX/analyst-ratings" rel="noreferrer noopener">price target of&nbsp;$80</a>.
Singh&#8217;s optimistic outlook hinges on several critical factors, including the rising demand for HyperConverged Infrastructure (HCI), market share opportunities from weakening VMware, and strong adoption of unstructured data solutions, particularly for AI-driven workloads.
Singh accentuated that Nutanix benefits from the shift in enterprise data centers toward HCI solutions, which integrate computing, storage, and networking into a single, streamlined platform.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/24/11/41941228/att-data-breach-exposes-50-billion-records-hackers-identified-ransom-paid" rel="noreferrer noopener">AT&amp;T Data Breach Exposes 50 Billion Records: Hackers Identified, Ransom Paid</a>
Singh said the HCI software market, expected to grow at a 15.3% compound annual growth rate (CAGR) through 2028, is creating a substantial growth opportunity for Nutanix.
As a leading HCI software provider, Nutanix is well-positioned to capitalize on this expanding market, particularly as VMware faces customer backlash following substantial price increases imposed by parent company Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
Singh highlighted a significant shift in market dynamics, noting that VMware&#8217;s customer dissatisfaction, especially after Broadcom&#8217;s acquisition, drives enterprises to consider alternative vendors.
Nutanix, with its comprehensive HCI software stack and free Linux-based KVM hypervisor AHV, offers a compelling value proposition for customers looking to migrate away from VMware&#8217;s costly solutions.
Gartner data projects VMware&#8217;s HCI market share will decline from 70% in 2024 to 40% by 2029, presenting a significant market share gain opportunity for Nutanix.
The analyst also pointed out the increasing demand for unstructured data management as enterprises accelerate the adoption of AI applications. Singh noted that many organizations report a growth rate of 30%-60% in unstructured data.
Nutanix, with its vital file and object storage capabilities, is well-positioned to serve this demand. The company recently launched its &#8220;GPT-in-a-Box&#8221; solution, optimized for AI and machine learning workloads, incorporating AI frameworks, large language models (LLMs), and seamless integration with Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) GPUs for accelerated computing.
Singh outlined a robust financial forecast for Nutanix, driven by its expanding customer base, improving profitability, and strategic focus on high-growth markets. He projected Nutanix&#8217;s subscription revenue to grow at a 16.3% CAGR from fiscal 2024 to fiscal 2027, surpassing the HCI market&#8217;s average growth rate.
Singh expects the company&#8217;s operating margin to increase from 16.2% in fiscal 2024 to 23.1% by fiscal 2027, reflecting prudent research and development (R&amp;D) management and sales and marketing expenses.
Singh projects revenue of $574 million and pro forma EPS of $0.31 for the third quarter of fiscal 2025.
For fiscal 2025, the analyst expects revenue of $2.46 billion and pro forma EPS of $1.42. For fiscal 2026, he estimates revenue of $2.90 billion and pro forma EPS of $1.89. For fiscal 2027, Singh projects revenue of $3.29 billion and pro forma EPS of $2.32.
Singh also underlined Nutanix&#8217;s achievement of the &#8220;Rule of 40&#8221; metric, which combines year-over-year revenue growth and free cash flow margin.
This performance metric is highly regarded among software stocks, and Nutanix&#8217;s attainment signals strong operational efficiency and growth potential.
In his analysis, Singh argued that Nutanix&#8217;s current valuation needs to fully reflect its market leadership in HCI software, the anticipated share gains from VMware, and the potential benefits from AI-driven workloads. He stated Nutanix could see its valuation re-rate higher, closer to the industry average EV/sales multiple of 9.6x. Given the company&#8217;s solid fundamentals and growth outlook, Singh&#8217;s $80 price target is based on an 8.3x multiple of calendar 2025E revenue, which he views as conservative.
Price Action: NTNX stock is up 1.90% at $73.61 at last check Wednesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41940062/tower-semiconductor-q3-earnings-revenue-and-profit-beat-plans-350-million-expansion" target="_blank" rel="noreferrer noopener">Tower Semiconductor Q3 Earnings: Revenue And Profit Beat, Plans $350 Million Expansion</a></li>
</ul>

Analyst Color

Price Target

Initiation

Movers

NTNX

Nutanix Catalysts Include HCI Growth, VMware Market Share Shift, And AI Demand: Analyst

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>BEARISH</td>
<td>11/15/24</td>
<td>$150.00</td>
<td>$30.5K</td>
<td>157.9K</td>
<td>245.1K</td>
</tr>
<tr>
<td>ZETA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$29.2K</td>
<td>982</td>
<td>27.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$420.00</td>
<td>$63.0K</td>
<td>7.4K</td>
<td>10.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$225.00</td>
<td>$587.9K</td>
<td>16.6K</td>
<td>4.0K</td>
</tr>
<tr>
<td>CSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$55.00</td>
<td>$38.5K</td>
<td>8.2K</td>
<td>3.2K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$310.00</td>
<td>$44.8K</td>
<td>3.1K</td>
<td>2.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$25.00</td>
<td>$89.6K</td>
<td>2.5K</td>
<td>2.7K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.00</td>
<td>$94.0K</td>
<td>21.2K</td>
<td>1.9K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$185.00</td>
<td>$28.5K</td>
<td>5.9K</td>
<td>1.7K</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$180.00</td>
<td>$99.4K</td>
<td>3.2K</td>
<td>1.4K</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 bearish sentiment. It expires in 3 day(s) on November 15, 2024. Parties traded 210 contract(s) at a $150.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $145.0 per contract. There were 157981 open contracts at this strike prior to today, and today 245169 contract(s) were bought and sold. 
• Regarding ZETA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>), we observe a put option sweep with neutral sentiment. It expires in 38 day(s) on December 20, 2024. Parties traded 96 contract(s) at a $30.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $305.0 per contract. There were 982 open contracts at this strike prior to today, and today 27773 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 trade that happens to be bearish, expiring in 3 day(s) on November 15, 2024. This event was a transfer of 150 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $420.0 per contract. There were 7473 open contracts at this strike prior to today, and today 10636 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on December 20, 2024. Parties traded 1110 contract(s) at a $225.00 strike. This particular put needed to be split into 78 different trades to become filled. The total cost received by the writing party (or parties) was $587.9K, with a price of $530.0 per contract. There were 16620 open contracts at this strike prior to today, and today 4077 contract(s) were bought and sold. 
• Regarding CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on November 15, 2024. Parties traded 1331 contract(s) at a $55.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $38.5K, with a price of $29.0 per contract. There were 8243 open contracts at this strike prior to today, and today 3256 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 put option sweep that happens to be bearish, expiring in 3 day(s) on November 15, 2024. This event was a transfer of 70 contract(s) at a $310.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $640.0 per contract. There were 3171 open contracts at this strike prior to today, and today 2963 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 10 day(s) on November 22, 2024. This event was a transfer of 643 contract(s) at a $25.00 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 $89.6K, with a price of $139.0 per contract. There were 2525 open contracts at this strike prior to today, and today 2712 contract(s) were bought and sold. 
• Regarding RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we observe a call option trade with bullish sentiment. It expires in 66 day(s) on January 17, 2025. Parties traded 1000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $94.0K, with a price of $94.0 per contract. There were 21285 open contracts at this strike prior to today, and today 1990 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 38 day(s) on December 20, 2024. Parties traded 45 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $635.0 per contract. There were 5959 open contracts at this strike prior to today, and today 1720 contract(s) were bought and sold. 
• For FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on November 15, 2024. This event was a transfer of 326 contract(s) at a $180.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $99.4K, with a price of $305.0 per contract. There were 3225 open contracts at this strike prior to today, and today 1455 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.

MSTR

RIOT

ZETA

Analyst Blayne Curtis highlighted that Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Marvell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), and Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) are strategically positioned to capitalize on the AI chip market surge. Curtis has assigned Buy ratings to each of these companies.
Jensen Huang-led Nvidia is experiencing extraordinary demand that surpasses its rapidly growing capacity, Curtis noted. Major tech firms are increasing their investments in GPUs and internal ASIC programs, he added. Despite this, Nvidia is expected to maintain its dominant market share, with room for ASICs to expand, Barron&#8217;s <a href="https://www.barrons.com/amp/articles/nvidia-stock-price-marvell-broadcom-459e9f0b">reported</a> on Tuesday.
Curtis projects the AI accelerator market to expand by 58% annually, growing from $47 billion in 2023 to $287 billion by 2027. He sees no slowdown in capital expenditure from tech giants like Microsoft, Alphabet, and Meta.
See Also: <a href="https://www.benzinga.com/24/11/41890968/bitcoin-kisses-89500-ethereum-dogecoin-extend-trump-victory-rally-how-long-before-btc-hits-100000-analysts-reveal?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin Hovers Around $90K, Ethereum, Dogecoin Extend Trump Victory Rally: How Long Before BTC Hits $100,000? Analysts Reveal</a>
Marvell and Nvidia are expected to see the most immediate gains, with Broadcom likely to outperform later in 2025. Currently, Broadcom&#8217;s AI chip business is largely driven by Google by Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), but Curtis anticipates broader adoption in the coming years. Rep. Nancy Pelosi&nbsp;(D-Calif.) also disclosed in late June the&nbsp;<a href="https://www.benzinga.com/etfs/specialty-etfs/24/07/39618512/nancy-pelosi-loads-up-on-more-nvidia-shares-sells-tesla-she-always-reports-right-before-a-hol" target="_blank" rel="noreferrer noopener">purchase of 20 call options in Broadcom.</a>
Price Action: At the time of writing on Tuesday, Nvidia was down by 1.09%, Marvell was trading 0.90% lower while Broadcom was down by 0.067%, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41867380/anthony-scaramucci-sued-by-ftx-says-bankman-fried-made-investments-in-skybridge-endeavors-that-conveyed-little-to-benefit?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Anthony Scaramucci Sued By FTX, Says Bankman-Fried Made Investments In SkyBridge Endeavors That &#8216;Conveyed&nbsp;Little To No Benefit&#8217;</a></li>
</ul>
Image via Shutterstock
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>

Equities

General

GOOG

GOOGL

Nancy Pelosi's Stock Picks Broadcom And Nvidia Among Key AI Stocks Poised For Chip Boom, Says Analyst

CRDO

Semiconductor stocks are trading lower possibly amid sympathy with Taiwan Semiconductor Manufacturing. Reports suggested that the US requested that the company halt shipments to China.

Chip stocks including 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>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) Credo Technology Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>), Lattice Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>), Microchip Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), MACOM Technology Solutions Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Qorvo, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>), United Microelectronics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) are trading lower Monday in sympathy with contract chipmaker Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Taiwan Semiconductor stock took a hit after the U.S. Department of Commerce <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/11/41883357/taiwan-semiconductor-stock-drops-as-us-orders-halt-on-ai-chip-sales-to-china" rel="noreferrer noopener">instructed the chipmaker</a> to cease supplying China with sophisticated chips—of 7 nanometers or more advanced designs—that support AI and graphics processing capabilities.
The U.S. move sent jitters across the sector, anticipating further actions from President-elect Donald Trump&#8217;s administration, which had previously attacked the <a target="_blank" href="https://www.benzinga.com/government/regulations/24/11/41845483/taiwan-semiconductor-us-expansion-plans-unfazed-by-trump-win-report" rel="noreferrer noopener">U.S. Chips Act and Taiwan</a>, the hometown of Taiwan Semiconductor.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41877454/monday-com-stock-tanks-despite-q3-beat-raised-outlook" rel="noreferrer noopener">Monday.com Stock Tanks Despite Q3 Beat, Raised Outlook</a>
<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/2024/11/11111544/newplot-6.png" alt="" class="wp-image-640861" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/11111544/newplot-6.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/11111544/newplot-6-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Taiwan Semiconductor is a crucial supplier to tech giants like&nbsp;Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and&nbsp;Nvidia.
The semiconductor stocks also got a hit from Edgewater Research analysts, flagging Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>), which faced a significant setback and sent its stock plunging on Monday.
The analysts noted Monolithic&#8217;s allocation to Nvidia&#8217;s Blackwell GPUs is in jeopardy due to performance problems with its Power Management ICs.
The analysts highlighted that Japanese company Renesas and German firm Infineon have stepped in, receiving rush orders, potentially replacing Monolithic in Nvidia&#8217;s B200 and GB200 SKUs.
Edgewater expressed concern that supply chain partners perceived Monolithic&#8217;s temporary solution as a stopgap measure rather than a complete fix.
Investors can gain exposure to semiconductor stocks through 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>).
Price Action: At the last check on Monday, NVDA stock was trading lower by 1.67% to $145.19, INTC was down 4.16%, and ARM was down 4.07%.
Also Read:
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<li><a href="https://www.benzinga.com/news/earnings/24/11/41844770/madison-square-garden-q1-revenue-drops-concerts-impress" target="_blank" rel="noreferrer noopener">Madison Square Garden Q1: Revenue Drops, Concerts Impress</a></li>
</ul>
Photo via Shutterstock

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Why Are Chip Stocks Trading Lower On Monday?

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>MSFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$425.00</td>
<td>$28.5K</td>
<td>2.2K</td>
<td>10.6K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$140.00</td>
<td>$36.0K</td>
<td>79.0K</td>
<td>8.5K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$227.50</td>
<td>$83.3K</td>
<td>7.5K</td>
<td>8.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$270.00</td>
<td>$27.0K</td>
<td>3.4K</td>
<td>6.2K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$60.00</td>
<td>$27.7K</td>
<td>20.0K</td>
<td>4.8K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$174.9K</td>
<td>5.9K</td>
<td>2.9K</td>
</tr>
<tr>
<td>ZETA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$30.00</td>
<td>$30.6K</td>
<td>8.3K</td>
<td>2.4K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$190.00</td>
<td>$89.6K</td>
<td>7.4K</td>
<td>2.1K</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$25.00</td>
<td>$39.6K</td>
<td>1.7K</td>
<td>1.2K</td>
</tr>
<tr>
<td>APP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$300.00</td>
<td>$57.3K</td>
<td>0</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $425.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $287.0 per contract. There were 2214 open contracts at this strike prior to today, and today 10651 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with neutral sentiment. It expires in 7 day(s) on November 15, 2024. Parties traded 45 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $800.0 per contract. There were 79071 open contracts at this strike prior to today, and today 8511 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 7 day(s) on November 15, 2024. This event was a transfer of 400 contract(s) at a $227.50 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 $83.3K, with a price of $208.0 per contract. There were 7528 open contracts at this strike prior to today, and today 8199 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 bearish, is expiring today. Parties traded 100 contract(s) at a $270.00 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 $27.0K, with a price of $271.0 per contract. There were 3447 open contracts at this strike prior to today, and today 6210 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 bearish sentiment. It expires in 42 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $60.00 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 $27.7K, with a price of $277.0 per contract. There were 20014 open contracts at this strike prior to today, and today 4800 contract(s) were bought and sold. 
• For DELL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), we notice a call option trade that happens to be bearish, expiring in 70 day(s) on January 17, 2025. This event was a transfer of 2916 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $174.9K, with a price of $60.0 per contract. There were 5934 open contracts at this strike prior to today, and today 2921 contract(s) were bought and sold. 
• For ZETA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 15, 2024. This event was a transfer of 46 contract(s) at a $30.00 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 $30.6K, with a price of $665.0 per contract. There were 8312 open contracts at this strike prior to today, and today 2441 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 bearish, expiring in 42 day(s) on December 20, 2024. This event was a transfer of 118 contract(s) at a $190.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $89.6K, with a price of $760.0 per contract. There were 7455 open contracts at this strike prior to today, and today 2189 contract(s) were bought and sold. 
• For AAOI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>), we notice a call option trade that happens to be bullish, expiring in 42 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $39.6K, with a price of $396.0 per contract. There were 1728 open contracts at this strike prior to today, and today 1233 contract(s) were bought and sold. 
• Regarding APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on November 15, 2024. Parties traded 310 contract(s) at a $300.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $57.3K, with a price of $185.0 per contract. There were 0 open contracts at this strike prior to today, and today 1007 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.

AAOI

DELL

Amid the anticipation of Donald Trump&#8216;s return to the U.S. presidency, Nvidia&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Chinese rivals are preparing for potential challenges by implementing new strategies. China&#8217;s semiconductor industry is focusing on acquiring foreign chipmaking equipment, recruiting international talent, and forming new alliances to bolster its resilience.
What Happened: Chinese chip companies are exploring partnerships with nations and firms that might be alienated by Trump&#8217;s policies. This approach aims to enhance self-sufficiency, Reuters reported based on over 30 articles and research notes from Chinese chip companies and analysts following Trump&#8217;s election victory.
Zhu Jing, deputy secretary-general of the Beijing Semiconductor Industry Association, encouraged Chinese firms to expand overseas and attract foreign talent, anticipating potential benefits for China&#8217;s semiconductor industry under Trump&#8217;s policies.
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41794926/trump-white-house-could-unlock-trillion-dollar-ai-potential-for-tesla-says-dan-ives?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump White House Could Unlock Trillion-Dollar AI Potential For Tesla, Says Dan Ives</a>
During Trump&#8217;s first term, Chinese telecom giants Huawei and ZTE, along with chipmaker SMIC, were placed on trade blacklists. In contrast, the Biden administration imposed broad export controls to restrict China&#8217;s access to advanced U.S. chips.
Why It Matters: The potential return of Trump to the presidency has already impacted the semiconductor landscape. Following <a href="https://www.benzinga.com/news/24/11/41780976/chip-stocks-like-nvidia-broadcom-taiwan-semi-gain-after-trump-win-whats-going-on">Trump&#8217;s election win</a>, chip stocks like 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>), and Taiwan Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) experienced gains. The Biden administration had previously restricted China&#8217;s access to advanced AI chips, citing national security threats.
Meanwhile, <a href="https://www.benzinga.com/government/24/11/41773691/us-listed-chinese-stocks-like-alibaba-jd-nio-fall-after-trumps-win-whats-going-on">U.S.-listed Chinese stocks</a> like Alibaba Group Holding Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) saw declines after Trump&#8217;s win, reflecting concerns over potential trade conflicts. A renewed Trump administration might escalate U.S.-China tensions, prompting Chinese leaders to consider economic stimulus measures to counteract potential impacts.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41832345/bitcoin-ethereum-rise-dogecoin-steady-after-fed-cuts-rate-analyst-predicts-apex-cryptos-ne?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum Rise, Dogecoin Steady After Fed Cuts Rate: Analyst Predicts Apex Crypto&#8217;s Next Local Top At $85.4K If This Happens</a></li>
</ul>
Image via Shutterstock
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>

BABA

Nvidia's Chinese Rivals Gear Up For Trump's Return With New Strategies - Overseas Expansion, Hire Foreign Talent And More

Invesco has unveiled a new series of thematic exchange-traded funds (ETFs) that focus on artificial intelligence, cybersecurity, and defense sectors. These funds aim to leverage emerging trends within these industries.
What Happened: The newly introduced ETFs, named Invesco Artificial Intelligence Enablers, Cybersecurity, and Defence Innovation Ucits, are based on benchmarks crafted by Kensho, a division of S&amp;P Global Indices. Kensho utilizes natural language processing to pinpoint companies with significant involvement in each theme, categorizing them into &#8220;core&#8221; and &#8220;non-core&#8221; groups, Financial Times<a href="https://www.ft.com/content/476d3e81-cbd2-4484-8fb5-4a074dcaa97c"> reported</a> on Thursday.
As per Invesco, core companies generate a substantial portion of their revenue from products and services aligned with these themes, while non-core companies provide essential inputs without focusing on end products. The AI enablers strategy targets firms advancing AI technology and infrastructure, whereas the cybersecurity ETF invests in companies protecting enterprises from unauthorized electronic access. The defense fund provides exposure to companies developing advanced weapons and defensive systems
Here are a few ETFs and how they fared in the past year, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>:
Artificial Intelligence
<ul>
<li>iShares U.S. Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) increased 45.40% over the year with holdings like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).</li>
<li>Fidelity MSCI Information Technology Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTEC#NYSE">FTEC</a>), with similar exposure, rose 43.17%.</li>
<li>First Trust Dow Jones Internet Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTX#NYSE">FTX</a>), which gives exposure to Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), increased 45.59%.</li>
</ul>
Cybersecurity
<ul>
<li>First Trust NASDAQ Cybersecurity ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIBR#NASDAQ">CIBR</a>) increased 38.08%. Its holdings include Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).</li>
<li>Amplify Cybersecurity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>) rose 39.57%. Along with Broadcom, and Cisco, the ETF&#8217;s major holdings also include Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), and General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>).</li>
<li>iShares Cybersecurity &amp; Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHAK#NYSE">IHAK</a>) with exposure to companies such as SentinelOne, Inc. Class A (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), and Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), rose 33.95%.</li>
</ul>
Defense
<ul>
<li>iShares US Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>) with exposure to companies such as General Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) increased 33.86%.</li>
<li>Invesco Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPA#NYSE">PPA</a>) with exposure to companies such as Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and Lockheed Martin Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) increased by 43.05%.</li>
<li>SPDR S&amp;P Aerospace &amp; Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XAR#NYSE">XAR</a>) was up by 34.86%. It gives exposure to Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXN#NASDAQ">AXN</a>), L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>).</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41794596/bitcoin-ethereum-dogecoin-slingshot-to-the-moon-after-trump-victory-but-sharp-correction-m?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Slingshot To The Moon After Trump Victory But &#8216;Sharp&#8217; Correction Might Be In Store: Analyst Views BTC Between $80-90K By End Of Year</a>
Why It Matters: The launch of these ETFs by Invesco comes at a time when thematic investing is<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41713236/donald-trumps-return-to-white-house-could-propel-these-etfs-to-new-highs"> gaining traction among investors</a> looking to capitalize on specific industry trends. The focus on artificial intelligence, cybersecurity, and defense aligns with growing global interest in these areas, driven by technological advancements and increasing security concerns.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/11/41734887/cathie-woods-latest-shake-up-dumps-palantir-and-jack-dorseys-block-along-with-tesla-buys-amazon-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Cathie Wood&#8217;s Latest Shake-up: Dumps Palantir And Jack Dorsey&#8217;s Block Along With Tesla, Buys Amazon And Meta</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Invesco

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FTEC

FTNT

HACK

IHAK

iShares Dow Jones US Aerospace & Defense Index Fund

NFLX

PANW

Invesco Launches New ETFs Targeting AI, Cybersecurity, And Defense. Here's How Some Of Their Peers Have Performed In The Past Year

AEIS

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Next Technology Holding Inc. - Ordinary Shares

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Shares of companies within the broader technology sector are trading higher in sympathy with overall market strength after Donald Trump was elected president of the United States.

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>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>), ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Analog Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) stocks are trading higher Wednesday after Donald Trump <a href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft" target="_blank" rel="noreferrer noopener">won the election</a> for the 47th president.
The Biden administration had imposed an artificial intelligence technology embargo on China, restricting the country&#8217;s access to sophisticated AI chips from Nvidia, citing national security threats.
Nvidia maintained a lack of impact from the embargo as the U.S. Big Techs splurged on their AI ambitions.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/11/41739764/taiwan-semiconductor-faces-rising-energy-costs-potential-outages-threaten-production" rel="noreferrer noopener">Taiwan Semiconductor Faces Rising Energy Costs, Potential Outages Threaten Production</a>
Nvidia <a target="_blank" href="https://www.benzinga.com/news/24/11/41751557/nvidia-takes-short-lived-lead-over-apple-in-valuation" rel="noreferrer noopener">recently surpassed Apple</a> in market value as the chip designer&#8217;s rapid growth, driven by AI-focused GPUs, has attracted significant tech investments from Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</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, and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) stock is trading lower on Wednesday in anticipation of higher tariffs.
Trump <a target="_blank" href="https://www.benzinga.com/government/24/10/41604100/trump-goes-after-taiwan-semiconductor-on-joe-rogan-podcast" rel="noreferrer noopener">attacked Taiwan twice</a>, claiming that the country undermined the U.S. chip industry.
He also criticized the CHIPS Act and pledged tariffs on Taiwanese chips if elected.
Analysts cautioned that tariffs could disrupt the global chip supply chain. Given the lack of a formal treaty, Trump questioned the U.S.&#8217;s defense stance with Taiwan and criticized federal CHIPS Act funding for foreign firms like Taiwan Semiconductor.
Wedbush Securities analyst Dan Ives projected that the upcoming $1 trillion in AI capital expenditures will <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41151741/nvidias-ai-leadership-to-drive-1-trillion-market-growth-with-accenture-partnership-" rel="noreferrer noopener">add value to Nvidia</a>.
Beth Kindig of I/O Fund predicts that Nvidia&#8217;s Blackwell chips could drive its valuation to <a target="_blank" href="https://www.benzinga.com/news/24/11/41712053/end-of-an-era-ai-propels-nvidia-to-replace-struggling-intel-in-dow-index" rel="noreferrer noopener">$10 trillion next year</a>.
Also Read:
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<li><a href="https://www.benzinga.com/government/24/11/41726213/applied-materials-and-lam-research-shift-supply-chains-away-from-china-to-meet-new-us-guidelines" target="_blank" rel="noreferrer noopener">Applied Materials and Lam Research Shift Supply Chains Away from China to Meet New US Guidelines</a></li>
</ul>
Photo via Shutterstock

Chip Stocks Like Nvidia, Broadcom, Taiwan Semi Gain After Trump Win - What's Going On?

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With rapid digitalization, supportive government initiatives, and robust global demand, the semiconductor market is on the rise. Amid this backdrop, investors could watchlist fundamentally solid semiconductor stocks Broadcom (AVGO), NVIDIA (NVDA), and Micron Technology (MU) before the next earnings. Continue reading... The semiconductor market is rapidly growing owing to the evolving requirements across the globe. The industry facilitates electronic circuits, which are integral for electronic devices, and hence is expanding with the rising use of electronics and integration across applications.
Given the industry's rosy prospects, it could be wise to watch high-momentum semiconductor stocks Broadcom Inc. (<a href="https://stocknews.com/stock/AVGO/">AVGO</a>), NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>), and Micron Technology, Inc. (<a href="https://stocknews.com/stock/MU/">MU</a>) before the next earnings release.
The semiconductor industry is currently thriving, driven by technological advancements like Artificial Intelligence (AI), Machine Learning (ML), 5G networks, big data, and electric vehicles boosting the demand for semiconductor chips. Also, the increasingly widening scope for chip usage is strongly fueling the market demand.
The <a href="https://www.semiconductors.org/global-semiconductor-sales-increase-23-2-in-q3-2024-compared-to-q3-2023-quarter-to-quarter-sales-up-10-7/">Semiconductor Industry Association (SIA)</a> reported global semiconductor sales of $166 billion for the third quarter of 2024, indicating an increase of 23.2% from the prior year's quarter and a 10.7% increase from the second quarter of 2024. On a monthly basis, global sales totaled $55.3 billion in September 2024, up 4.1% from August 2024 total of $53.1 billion.
Further, the recently announced semiconductor manufacturing incentives announced by the U.S. Department of Commerce for Corning and Powerex are initiatives that will <a href="https://www.semiconductors.org/sia-applauds-chips-act-incentives-for-corning-and-powerex/">strengthen the U.S. chip industry</a>.
"Today's announced incentives will help build resiliency in the U.S. semiconductor supply chain and bolster domestic manufacturing while also advancing America's economy, national security, and global competitiveness," said SIA President and CEO John Neuffer.
With these trends, the global semiconductor market is projected to <a href="https://www.fortunebusinessinsights.com/semiconductor-market-102365">expand to $2.06 trillion by 2032</a>, exhibiting growth at a CAGR of 14.9%, propelled by increasing demand for consumer electronics, technological upgrades, and Integrated Circuits Integration product usage.
Given these favorable market trends, let's look at the fundamentals of the top three <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stocks, beginning with the third choice.
Stock #3: Broadcom Inc. (<a href="https://stocknews.com/stock/AVGO/">AVGO</a>)
AVGO designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. It operates through two segments, Semiconductor Solutions and Infrastructure Software.
On November 5, AVGO launched a private cloud platform, VMware Cloud Foundation, which is simple to deploy, easy to consume, and lowers cost and risk. It also unveiled ecosystem partnerships and a private cloud modernization program.
The expanded set of VMware Cloud Foundation (VCF) Advanced Services innovations, ecosystem partnerships, and modernization programs accelerate generative AI application development, cybersecurity initiatives, and sovereign cloud adoption.
On the same date, the company announced major advancements across its VeloCloud product portfolio, including VeloRAIN (Robust AI Networking) architecture, new VeloCloud Edge 4100 and 5100 appliances, and the introduction of Titan, the Broadcom Advantage Partner Program for VeloCloud Managed Service Providers (MSPs).
AVGO's net revenue rose 47.3% year-over-year to $13.07 billion for the third quarter that ended August 04, 2024. The company's non-GAAP operating income grew 43.6% from the year-ago value to $7.95 billion. Also, its non-GAAP net income and EPS totaled $6.12 billion and $1.24, reflecting increases of 33.2% and 18.1% from the prior year's quarter, respectively.
In addition, the company's adjusted <a href="https://www.investopedia.com/terms/e/ebitda.asp">EBITDA</a> increased 41.7% from the year-ago value to $8.22 billion.
Street expects AVGO's revenue for the fourth quarter (ended October 2024) to increase 51.6% year-over-year to $14.09 billion, while its EPS for the same period is expected to improve 25.9% year-over-year to $1.39. Furthermore, the company surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
AVGO's shares have gained 33.8% over the past six months and 88.9% over the past year to close the last trading session at $178.91.
AVGO's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
AVGO has a B grade for Sentiment and Quality. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, AVGO is ranked #47 out of 90 stocks.
<a href="https://stocknews.com/stock/AVGO/">Click here</a> to access additional ratings of AVGO for Growth, Value, Stability, and Momentum.
Stock #2: NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>)
NVDA offers graphics, computing, and networking solutions worldwide. The company operates in two segments: Compute &amp; Networking and Graphics. It offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms.
On October 28, NVIDIA announced that xAI's Colossus supercomputer cluster comprising 100,000 NVIDIA Hopper Tensor Core GPUs in Memphis, Tennessee, achieved significant scale with the help of NVIDIA Spectrum-X&#x2122; Ethernet networking platform, designed to deliver superior performance to multi-tenant, hyperscale AI factories.
Also, on October 21, NVDA expanded its collaboration with Microsoft to support AI startups, emphasizing healthcare and life sciences. The announcement was made at the HLTH healthcare innovation conference. The initiative integrates NVDA's Inception program with Microsoft for Startups, allowing access to cloud credits, AI development software, and expert technical and business support.
The strategic partnership is projected to increase the demand for the company's AI hardware and software solutions, thereby boosting revenues.
NVDA's revenue rose 122.4% from the prior year's quarter to $30.04 billion for the second quarter, which ended on July 28, 2024. Its non-GAAP operating income rose 156.4% from the year-ago value to $19.94 billion. The company reported non-GAAP net income of $16.95 billion and $0.68 per share, indicating increases of 151.5% and 151.8% from the prior-year quarter, respectively.
In addition, the company's free cash flow rose 122.9% from the prior-year quarter to $13.48 billion.
According to the company's outlook for the third quarter fiscal 2025, NVDA projects revenue of $32.50 billion, plus or minus 2%.
Street expects NVDA's revenue and EPS for the third quarter (ended October 2024) to increase 81.8% and 84.4% year-over-year to $32.93 billion and $0.74, respectively. Moreover, it has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
NVDA's stocks have surged 60.7% over the past six months and 198.8% over the past year to close the last trading session at $145.26.
NVDA's robust growth prospects are reflected in its POWR Ratings. The stock has an A grade for Sentiment and a B grade for Quality. Within the same industry, NVDA is ranked #38 out of 90 stocks.
<a href="https://stocknews.com/stock/NVDA/">Click here</a> to access additional ratings of NVDA for Value, Growth, Momentum, and Stability.
Stock #1: Micron Technology, Inc. (<a href="https://stocknews.com/stock/MU/">MU</a>)
MU designs, develops, manufactures, and sells memory and storage products internationally. The company operates in four segments: Compute and Networking Business Unit; Mobile Business Unit; Embedded Business Unit; and Storage Business Unit.
On October 15, MU announced the availability of a brand new category of clock driver memory by introducing its Crucial&#xAE; DDR5 clocked unbuffered dual inline memory modules and clocked small outline dual memory modules. MU's CUDIMM and CSODIMM solutions are the industry's first commercially available JEDEC-standard DDR5 CUDIMM and CSODIMM solutions.
The solutions provide more speed stability, faster downloads, and better refresh rates, representing a completely new frontier of memory form factors for next-generation PCs.
During the fourth quarter that ended August 29, 2024, MU's revenue increased 93.3% year-over-year to $7.75 billion. The company's non-GAAP operating income came in at $1.93 billion against an operating loss of $4.82 billion during the previous year's quarter. In addition, the company's non-GAAP net income and EPS amounted to $1.47 billion and $1.30 for the quarter, respectively.
According to the company's first quarter 2025 outlook, MU projects revenue of $8.70 billion, and its EPS is expected to be $1.74.
Analysts expect MU's revenue and EPS for the second quarter (ending February 2025) to increase 55.4% and 369.7% year-over-year to $9.05 billion and $1.97, respectively. Also, the company topped the consensus revenue and EPS estimates in all four of the trailing quarters.
Shares of MU have surged 1.8% over the past month and 45.3% over the past year to close the last trading session at $108.65.
MU's POWR Ratings reflect its robust prospects. The stock has an A grade for Growth. MU is ranked #34 among 90 stocks in the Semiconductor &amp; Wireless Chip industry.
To access additional MU ratings for Value, Stability, Quality, Sentiment, and Momentum, <a href="https://stocknews.com/stock/MU/">click here</a>.
What To Do Next?
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<hr />
NVDA shares fell $0.06 (-0.04%) in after-hours trading Tuesday. Year-to-date, NVDA has gained 199.52%, versus a 26.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/nvda-avgo-mu-3-high-momentum-semiconductor-stocks-to-watch-before-the-next-earnings/>3 High-Momentum Semiconductor Stocks to Watch Before the Next Earnings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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