Hardware Set to Boost Earnings for Tech Giants: Expert Analysis

Monday, 15 July 2024, 21:02

Discover why hardware plays a significant role in driving big tech earnings with insights from T. Rowe Price Global Technology Fund manager Dominic Rizzo. Explore the positive data points supporting the hardware ecosystem, from PCB companies' performance to Corning's strong numbers fueled by AI adoption. Learn about the industry trends discussed at SEMICON West and Taiwan Semiconductor Manufacturing Company's latest sales results.
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Hardware Set to Boost Earnings for Tech Giants: Expert Analysis

4 Reasons Hardware will Drive Big Tech Earnings

Last week, big tech saw a bit of a rotation as some names -- like Nvidia (NVDA) -- began to slip from all-time highs. T. Rowe Price Global Technology Fund manager Dominic Rizzo joins Market Domination to discuss how investors can play big tech as some on Wall Street pull back from the sector.

  • First Reason: Positive pre-announcements from PCB companies in Asia.
  • Second Reason: Corning's strong numbers driven by AI adoption.

Additional Insights:

  1. Buzz around hardware space at SEMICON West trade show.
  2. Taiwan Semiconductor Manufacturing Company's June sales results.

Discover what hardware stocks Rizzo is currently favoring for potential growth. For expert insights and market analysis, watch the full episode of Market Domination.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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