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- contact person：Wang Yushu
- company phone： 0338-88011429
- cell phone： 15802278814
- company location：Chongqing Changshou
- company address：Chongqing Changshou
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live chat bet365 Riot Platforms reported strong results for its Q1 last week.HCW analyst raised his PT on Riot Platforms stock today.Mike Colonnese explained his bullish view in a research note.Shares of Riot Platforms Inc have already more than tripled this year but an H.C. Wainwright analyst says further upside will unravel moving forward.Riot Platforms stock has upside to .50On Monday, Mike Colonnese reiterated his buy rating on the bitcoin miner and raised his price target to .50 a share up another 22% from here.His bullish note on Riot Platforms stock arrives only days after the company said a number of its key operating metrics, including hash rate, pushed to a record high in its first quarter.With strong balance sheet and significant runway for future mining expansion, RIOT is well positioned to outpace growth of network hash rate over the next year.Riot sees its aggregate hash rate to climb from 10.5 EH/s in Q1 to 12.5 EH/s in the back half of 2023.Riot Platforms revenue was up 22% sequentiallyAt million, the Nasdaq-listed firm came in shy of consensus estimates for revenue in its recently concluded quarter.But the HCW analyst remains constructive on Riot Platforms stock since the revenue still represented a whopping 22% sequential growth. His research note also said:A premium is warranted given Riot Platforms industry leading operating capacity, low electricity costs, and strong balance sheet.Other notable figures in the companys earnings release include a 51% year-on-year increase in bitcoin produced and mining margins that more than doubled versus the previous quarter. Note that the bitcoin miner has already touched .50 (Mike Colonneses price target) once this year.
Enterprise product
- live chat bet365 Dutch officials are planning to restrict China’s access to edge-cutting chip technologies and equipment as part of a deal with US officials, sources familiar with the matter have told Bloomberg. The curbs under discussion could be implemented as soon as next month, according to Bloomberg sources. The move could affect key Netherlands-based chipmaking equipment supplier ASML, whose products are critical for most advanced chips. US officials unveiled new chip export bans on China in October, leading ASML to instruct its employees to stop serving Chinese clients. According to ASML, 5% of its undelivered orders will be affected by the US’s new export controls. [Bloomberg]