The Latest Breaking News from Christopher Danely

Broadcom stock inches up following the launch of Brocade Gen 8 switches. Citi sees significant further upside in AVGO shares heading into 2026.

The government’s stake in Intel has increased by 50% after Nvidia invested in the company.

This semiconductor stock has pulled back sharply from its June highs, but with a bullish consensus rating, solid dividends, and impressive upside potential, it looks like a buy-the-dip opportunity.

GameStop and several other highly shorted stocks surged again Tuesday, while Home Depot slipped after earnings.

Despite a significant surge in Micron Technology's stock price this year, analysts and industry experts suggest that there may still be potential for further growth, driven by strong financial performance, strategic partnerships, and positive outlooks.

Analysts maintain mixed ratings as AI chip uptake remains uncertain

Citi analysts Christopher Danely and Kelsey Chia observed that May notebook shipments were up 22% month on month, below Citi's expectation of up 29% due to demand deceleration.  This is the fifth consecutive month where notebook shipments were below expectations. 

Citi analyst Christopher Danely downgraded NXP Semiconductors NV (NASDAQ:NXPI) to Neutral from Buy with a price target of $190, down from $240 (6.8% upside), as his margin expansion thesis has played out. Danely derived his Buy thesis in February 2021 from the anticipation of superior margin/EPS upside and strength from the automotive end market.…

Citi analyst Christopher Danely saw Intel Corp (NASDAQ: INTC) experience some headwinds as PC shipments fell below Citi's estimates.