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Trader's Diary

Economic calendar

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Definición de términos:
Ganancias

Earnings

refer to the profits or net income generated by a company during a specific period.

  • Earnings are a measure of a company's financial performance and are often reported on a quarterly or annual basis.

  • Positive earnings indicate that a company has made a profit, while negative earnings indicate a loss.

  • Earnings can be influenced by various factors, such as revenue, expenses, taxes, and other financial activities.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Actual

Actual refers to the real or current value or result of something. In the context of IPOs, actual can refer to the actual price or number of shares sold in the IPO, as opposed to the estimated price or number of shares.

Estimate

Estimate refers to a prediction or approximation of something, such as the expected price or number of shares in an IPO. Estimates are often made by investment banks and analysts based on market demand and other factors.

Difference

Difference refers to the numerical or percentage variance between two values. In the context of IPOs, difference can refer to the variance between the estimated and actual price or number of shares sold in the IPO.

Percent

Percent refers to a fraction of 100, often used to express a proportion or rate. In the context of IPOs, percent can be used to express the difference between the estimated and actual price or number of shares sold as a percentage of the estimated value.

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OPV

IPOs (Initial Public Offerings):

An IPO occurs when a private company sells its stock to the public for the first time to raise capital or money.

The money raised from an IPO can be used for various purposes, such as paying down debt, investing in the company's long-term health, research and development, expanding into new product lines, or purchasing fixed assets.

During the IPO process, the equity shares of private investors

convert into publicly owned shares of the new entity, and early investors may sell their stock once the company's shares begin trading.

The chief benefit of an IPO is to help the company raise money and gain access to the capital markets, allowing for expansion and increasing credibility.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Name

The name is the official name of the company whose shares are being offered in the IPO.

Exchange

The exchange is the stock exchange where the company's shares are listed and traded. Examples of stock exchanges include the New York Stock Exchange (NYSE) and the Nasdaq.

Currency

The currency is the type of currency in which the company's shares are priced and traded. This can vary depending on the country and stock exchange where the company is listed.

Start date

The start date is the date on which the company's shares begin trading on the stock exchange after the IPO.

Offer price

The offer price is the price at which the company's shares are initially offered to the public in the IPO. This price is set by the company and its underwriters based on market demand and other factors.

Shares

Shares refer to the units of ownership in the company that are being offered to the public in the IPO. These shares can be bought and sold on the stock exchange after the IPO.

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Splits

Splits (Stock Splits):

A stock split occurs when a company increases the number of its outstanding shares of stock to boost the stock's liquidity.

In a stock split, the number of shares outstanding increases by a specific multiple, but the total dollar value of all shares remains the same.

Companies often choose to split their stock to lower its trading price to a more comfortable range for most investors and increase the liquidity of trading in its shares.

For example, if a company decides to split its stock 2-for-1, the number of shares outstanding would double, while the share price would be halved.

Code

The code is a unique identifier assigned to a company's stock by the stock exchange where it is listed. It is used to identify the stock in trading and other financial transactions.

Split date

The split date refers to the date on which the stock split takes effect. It is the date when the new shares resulting from the split are distributed to existing shareholders. Optionable

Optionable refers to whether the stock is eligible to be used as an underlying asset for options contracts. If a stock is optionable, it means that options can be traded on that stock.

Old shares

Old shares refer to the existing shares of a company before a stock split takes place. These are the shares that will be exchanged for the new shares resulting from the split.

New shares

New shares are the additional shares that are issued to existing shareholders as a result of a stock split. The number of new shares is determined by the split ratio, such as 2-for-1 or 3-for-2, where shareholders receive a certain number of new shares for each old share they own.

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Intel's Strategic Moves to Reclaim Data Center Market Share

Fecha: 5.6.2024

This week has been particularly eventful for Intel (NASDAQ: INTC), as the company launched its next-generation Xeon server processors and unveiled its Gaudi 3 artificial intelligence accelerator chips. As an investor closely monitoring the semiconductor industry, Intel's latest advancements and strategic pricing decisions have certainly caught my attention.

Xeon Server Processors

 

Intel's introduction of the sixth-generation Xeon chips is a significant step in its efforts to regain lost ground in the data centre market. Over the past year, Intel has seen its share of the data center market for x86 chips decline by 5.6 percentage points, now holding 76.4% while Advanced Micro Devices (NASDAQ: AMD) has captured 23.6%, according to Mercury Research. This erosion in market share can be largely attributed to stumbles in Intel's manufacturing process, allowing AMD to gain traction with chips fabricated by Taiwan Semiconductor Manufacturing Co (TSMC).

 

The new Xeon processors are available in two main variants: high-performance and efficient models. The efficiency model, which reduces the required server racks by approximately 67% to achieve the same computing power as Intel's second-generation chips, is particularly appealing for media, websites, and database calculations. Intel's CEO, Pat Gelsinger, succinctly summarized this advantage at the Computex trade fair in Taipei, stating, "Simply put, performance up, power down." The more powerful performance model is tailored for demanding AI computations and other intensive tasks. The efficiency model is available now, with the performance model expected in the third quarter.

 

Gaudi 3 AI Accelerator Chips: A Competitive Edge

 

Intel's announcement of the Gaudi 3 AI accelerator chips, priced significantly lower than competitors, is another strategic manoeuvre worth noting. The Gaudi 3 accelerator kit, which includes eight AI chips, is priced at about $125,000. In contrast, Nvidia's comparable HGX server system with eight H100 AI chips can exceed $300,000, according to Thinkmate. This pricing strategy positions Gaudi 3 as a cost-effective alternative to Nvidia's offerings, potentially attracting more customers seeking AI capabilities.

 

Investment Perspective

 

From an investment standpoint, Intel's recent product launches and strategic pricing decisions demonstrate a strong commitment to regaining its competitive edge in the semiconductor market. The introduction of the sixth-generation Xeon processors and the Gaudi 3 AI accelerator chips, coupled with advancements in laptop technology, suggest a promising future for Intel. The company's focus on reducing power consumption and enhancing performance aligns well with current market demands, particularly in the AI and data centre sectors.

Obrázok1

Performance of Intel Cororation´s stock over 5 years. Source: tradingview.com

 

Conclusion

 

Intel's proactive approach to addressing its market share decline and advancing its technological capabilities is commendable. The competitive pricing of the Gaudi 3 AI chips and the innovative features of the Lunar Lake laptop chip underscore Intel's potential to strengthen its position in the semiconductor industry. As the company continues to innovate and expand its product offering, it remains a key player that I will continue to monitor as I plan to increase my stake in the company.

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