Patrick Seitz

Vienna

Senior Reporter and Writer at Investor's Business Daily

Senior writer for Investor's Business Daily, @IBDinvestors, covering personal technology, including PCs, consumer electronics and video games.

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Articles

Nvidia Stock Falls As Trump Curbs China AI Chip Sales | Investor's Business Daily

1 week ago | investors.com | Patrick Seitz

The Trump administration has effectively barred Nvidia from selling its custom AI processors to customers in China. Nvidia stock fell.
Netflix Stock Valuation Debated Ahead Of Q1 Earnings

1 week ago | investors.com | Patrick Seitz

Netflix (NFLX) has been a popular defensive play in the current unsteady market. But analysts differ on an appropriate valuation for Netflix stock. Several Wall Street analysts chimed in with their valuation opinions on Netflix ahead of the company's first-quarter earnings report next Thursday.
Apple Tariff Exemption Odds Increasing As China Levies Kick In

1 week ago | investors.com | Patrick Seitz

Wall Street analysts and investors think the odds are increasing that Apple (AAPL) will get an exemption to the Trump tariffs. Apple stock rose on Friday. CFRA Research analyst Angelo Zino said the likelihood that Apple will get an exemption has risen since President Donald Trump hiked tariffs on China imports to 125% on Wednesday. Apple makes most of its iPhones in China.
Nvidia Stock: Price Target Lowered On Slowing Data Center Builds

1 week ago | investors.com | Patrick Seitz

Citi on Friday lowered its forecast for U.S. data center builds and cut its price targets on AI chipmakers Nvidia (NVDA) and Marvell Technology (MRVL). Nvidia stock rose and Marvell stock wavered in early trading. Citi now expects the top four U.S. cloud service providers to increase their data center capital expenditures by 35% in 2025 and 15% in 2026. It previously modeled growth of 40% in 2025 and 20% in 2026.
Netflix Stock Will No Longer Move On Subscriber Numbers

1 week ago | investors.com | Patrick Seitz

Netflix (NFLX) stock historically has moved after its quarterly reports based on whether the streaming video service beat, missed or matched expectations for new subscribers. But that's not going to happen with next week's report. For the first time ever, Netflix will not give a quarterly subscriber total when it releases first-quarter results after the market close April 17. It wants investors to focus on revenue and operating margin instead.
Nvidia Cleared To Sell H20 AI Chips To China As Trump Backs Off

2 weeks ago | investors.com | Patrick Seitz

The Trump administration reportedly has backed off plans to impose further restrictions on the computer chips Nvidia (NVDA) can sell to China. That has removed a big overhang on Nvidia stock, analysts say. The White House has decided not to impose curbs on sales of Nvidia's H20 graphics processing unit in China, NPR reported Wednesday. The H20 is the most powerful artificial intelligence chip that Nvidia is allowed to sell in China.
Chip Foundry TSMC Beats First-Quarter Sales Target

2 weeks ago | investors.com | Patrick Seitz

Information in Investor’s Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. The information has been obtained from sources we believe to be reliable, but we make no guarantee as to its accuracy, timeliness, or suitability, including with respect to information that appears in closed captioning.
TSM Stock: Taiwan Semiconductor Rebounds After 4-Day Slide

2 weeks ago | investors.com | Patrick Seitz

Taiwan Semiconductor Manufacturing (TSM) faces a host of challenges that have weighed on TSM stock lately. But on Wednesday TSM stock looked to snap a four-day losing streak. In afternoon trades on the stock market today, U.S. shares of the world's top chip foundry surged more than 10% to 156.53. In the prior four days, after news of the Trump tariffs, TSM stock retreated 17%.
Trump Tariffs Spark ‘Demand Destruction’ Concern For Electronics

2 weeks ago | investors.com | Patrick Seitz

As the Trump tariffs kick in, makers of computers, consumer electronics and other tech products face the prospect of "demand destruction" curbing sales. Demand destruction is the hot phrase now among Wall Street analysts covering Apple (AAPL), Nvidia (NVDA) and other tech hardware stocks.
Broadcom Stock Gets Boost From Share Buyback Plan

2 weeks ago | investors.com | Patrick Seitz

Broadcom (AVGO) stock rose Tuesday after the fabless chipmaker and infrastructure software provider announced a $10 billion share repurchase authorization. The Palo Alto, Calif.-based company revealed the stock buyback plan late Monday. The share repurchase authorization runs through the end of the year.