HSBC Starts NVIDIA (NVDA) at Reduce

Cloud data center market should 'bode well' for Marvell Technology and Broadcom

JPMorgan analyst Harlan Sur said in a note on Monday that they continue to be positively biased on the cloud data center market for the mid-to-long term, "which should bode well" for Marvell Technology (NASDAQ: MRVL) and Broadcom (NASDAQ: AVGO).

Sur stated that the firm also believes NVIDIA (NASDAQ:... More

NVIDIA (NVDA) drops as HSBC says stock could plunge over 20%; Initiates at Reduce

Shares of Nvidia (NASDAQ: NVDA) are down more than 2% in pre-market Thursday after HSBC initiated research coverage with a Reduce rating.

Analyst Frank Lee is bearish on Nvidia stock over the next year. His price target of $136 per share implies a downside risk of 23% relative to yesterdays closing price.

NVIDIAs key products are its distinctive graphic chips (GPUs), which... More

Advanced Micro Devices (AMD) stock is a new 2023 Top Pick at Morgan Stanley

Morgan Stanley analyst Joseph Moore promoted Advanced Micro Devices (NASDAQ: AMD) stock to top chip stock to own in 2023, replacing Lam Research (NASDAQ: LRCX).

The analyst highlighted a near-50% rally in LRCX shares in the past 2 months, meaning the risk/reward is more balanced now. On the other hand, AMD remains the worst performing... More

NVIDIA (NVDA) PT Raised to $245 at Evercore ISI

Evercore ISI analyst C.J. Muse raised the price target on NVIDIA (NASDAQ: NVDA) to $245.00 (from $225.00) while maintaining a Outperform rating.... More

Nvidia, AMD and Qualcomm top longs in US semiconductors - BofA

BofA analyst Vivek Arya said in a note Tuesday that the firm's US Semiconductors survey shows investors in the industry are less bullish than in 2020 and 2021.

Over the last week, BofA conducted an online survey of 96 institutional investors on their current ownership of chip stocks, their perception of peer holdings, favorite end-markets, and most/least preferred stocks heading... More