KeyBanc just raised its price

KeyBanc just raised its price targets on a bunch of major semiconductor names after supply-chain checks in Asia pointed to continued strong AI demand. The new targets are $Advanced Micro Devices(AMD)$ to $725, $ARM Holdings(ARM)$ to $430, $Marvell Technology(MRVL)$ to $400, $Micron Technology(MU)$ to $1,750, and $NVIDIA(NVDA)$ to $330, all with Overweight ratings.

The core bullish view here is that AI infrastructure spending is still accelerating. Strong data center demand, tight chip supply, and rising DRAM/NAND pricing seem to be creating a solid setup for the sector leaders. It looks like AI demand isn't slowing down, and the supply chain is still trying to catch up.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":585816690716960,"tweetId":"585816690716960","gmtCreate":1784038407000,"gmtModify":1784086527367,"author":{"id":9000000000000163,"idStr":"9000000000000163","authorId":9000000000000163,"authorIdStr":"9000000000000163","name":"BillyWilliams","avatar":"https://static.tigerbbs.com/f0d9064517bcefca15dc55450b4b9bf7","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":147,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/0835aeecb00e4a96b43232575268a6ba","width":"680","height":"453"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/0835aeecb00e4a96b43232575268a6ba","width":"680","height":"453"}],"title":"","html":"<html><head></head><body>KeyBanc just raised its price targets on a bunch of major semiconductor names after supply-chain checks in Asia pointed to continued strong AI demand. The new targets are <a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$&nbsp;</a> to $725, <a href=\"https://ttm.financial/S/ARM\">$ARM Holdings(ARM)$&nbsp;</a> to $430, <a href=\"https://ttm.financial/S/MRVL\">$Marvell Technology(MRVL)$&nbsp;</a> to $400, <a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a> to $1,750, and <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> to $330, all with Overweight ratings.\nThe core bullish view here is that AI infrastructure spending is still accelerating. Strong data center demand, tight chip supply, and rising DRAM/NAND pricing seem to be creating a solid setup for the sector leaders. It looks like AI demand isn't slowing down, and the supply chain is still trying to catch up.\n<img src=\"https://community-static.tradeup.com/news/0835aeecb00e4a96b43232575268a6ba\" tg-width=\"680\" tg-height=\"453\"></body></html>","htmlText":"<html><head></head><body>KeyBanc just raised its price targets on a bunch of major semiconductor names after supply-chain checks in Asia pointed to continued strong AI demand. The new targets are <a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$&nbsp;</a> to $725, <a href=\"https://ttm.financial/S/ARM\">$ARM Holdings(ARM)$&nbsp;</a> to $430, <a href=\"https://ttm.financial/S/MRVL\">$Marvell Technology(MRVL)$&nbsp;</a> to $400, <a href=\"https://ttm.financial/S/MU\">$Micron Technology(MU)$&nbsp;</a> to $1,750, and <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$&nbsp;</a> to $330, all with Overweight ratings.\nThe core bullish view here is that AI infrastructure spending is still accelerating. Strong data center demand, tight chip supply, and rising DRAM/NAND pricing seem to be creating a solid setup for the sector leaders. It looks like AI demand isn't slowing down, and the supply chain is still trying to catch up.\n<img src=\"https://community-static.tradeup.com/news/0835aeecb00e4a96b43232575268a6ba\" tg-width=\"680\" tg-height=\"453\"></body></html>","text":"KeyBanc just raised its price targets on a bunch of major semiconductor names after supply-chain checks in Asia pointed to continued strong AI demand. The new targets are $Advanced Micro Devices(AMD)$ to $725, $ARM Holdings(ARM)$ to $430, $Marvell Technology(MRVL)$ to $400, $Micron Technology(MU)$ to $1,750, and $NVIDIA(NVDA)$ to $330, all with Overweight ratings. The core bullish view here is that AI infrastructure spending is still accelerating. Strong data center demand, tight chip supply, and rising DRAM/NAND pricing seem to be creating a solid setup for the sector leaders. It looks like AI demand isn't slowing down, and the supply chain is still trying to catch up.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/585816690716960","repostId":0,"isVote":1,"tweetType":1,"viewCount":133,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","ARM","MRVL","AMD","MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":573,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/585816690716960"}