Artisan Partners Asset Management Inc
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Financials : Capital Markets | Small Cap Blend
Company profile

Artisan Partners Asset Management Inc. is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles. The Company offers its investment management services primarily to institutions and through intermediaries that operate with institutional-like decision-making processes and have long-term investment horizons. The Company provides clients with multiple equity investment strategies spanning market capitalization segments and investing styles in both the United States and non-United States markets. The Company also offers one fixed income strategy, the Artisan High Income strategy. Each strategy is managed by one of the investment teams.

Closing Price
Day's Change
1.43 (3.85%)
B/A Size
Day's High
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10-day average volume:

Nvidia surpasses Intel as largest U.S. chip maker by market cap

5:23 pm ET July 8, 2020 (MarketWatch)

Nvidia Corp. (NVDA) surpassed Intel Corp. (INTC) as the largest U.S. chip maker by market cap for the first time on Wednesday. Nvidia shares closed up 3.5% at $408.64, giving it a market cap of $251.31 billion, while Intel shares finished up 0.5% at $58.61, giving it a market cap of $248.16 billion, according to FactSet data. For the year, Nvidia shares have gained 74% while Intel shares have slipped 2%, compared with a 11% gain in the PHLX Semiconductor Index , a 17% gain in the tech-heavy Nasdaq Composite Index , and a 1.9% decline in the S&P 500 index . While it is not the first time a U.S. chip maker has surpassed Intel in market cap, it is the first time for Nvidia. Back in 1999 and 2000, Texas Instruments Inc. (TXN) surpassed Intel in cap a few times, and between late 2012 and mid-2014 Qualcomm Inc. (QCOM) and Intel often jockeyed for the No. 1 position, according to Dow Jones data.

-Wallace Witkowski; 415-439-6400;

(END) Dow Jones Newswires

July 08, 2020 17:23 ET (21:23 GMT)

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