Promising Technology Stocks To Keep An Eye On - October 23rd

Key Points

• NVIDIA, Advanced Micro Devices, and Rigetti Computing are highlighted as promising technology stocks to monitor due to their high trading volumes over recent days.
• NVIDIA specializes in graphics and computing solutions for various markets, including gaming and automotive, while AMD focuses on semiconductor products and services.
• Rigetti Computing is noted for its developments in quantum computing and offers access to its technology through quantum computing as a service.

NVIDIA, Advanced Micro Devices, and Rigetti Computing are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of companies that develop, produce, or provide technology-related products and services—such as software, hardware, semiconductors, internet platforms, cloud computing and IT services. Investors typically view these stocks as growth-oriented and often more volatile, with performance closely tied to innovation cycles, product adoption, and shifts in regulation and consumer demand. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Read Our Latest Research Report on NVDA

Advanced Micro Devices (AMD)

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

Read Our Latest Research Report on AMD

Rigetti Computing (RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

Read Our Latest Research Report on RGTI