TECH - Nvidia AMD Shares Offer Over 30% Upside Potential Analyst Says Ahead Of Earnings: What's Driving The Chip Optimism? | Benzinga
High-flier Nvidia Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD) and a few other chip makers received price target boosts from KeyBanc Capital Markets on Monday.
The Analyst: John Vinh maintained his Outperform ratings on AMD, Nvidia, Arm Holdings plc (NASDAQ:ARM), Micron Technology, Inc. (NASDAQ:MU) and Qualcomm, Inc. (NASDAQ:QCOM).
The analyst lifted the price target for each of these, with the upward adjustments as follows:
Prior Price Target Updated Price Target Upside Potential
Nvidia $650 $740 +35%
AMD $170 $195 +33%
Arm $65 $75 +15%
Micron $100 $115 +15%
Qualcomm $145 $165 +14%
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