INSANE: Tristan gerra | Vintage Vibes

The investment firm reiterated its outperform rating on Micron and raised its price target to $1,520 from $1,280, a level that would take the chipmaker into record territory.

Even after NVIDIA’s another massive AI-driven quarter, investor expectations remain sky-high. Bank of America, however, says the AI chip king still has serious staying power.

Uncover how Semtech is quietly positioning itself as a formidable force in the AI space, drawing analyst upgrades and investor interest in the wake of its latest earnings release.

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how…

Baird analyst Tristan Gerra downgraded NVIDIA Corp (NASDAQ:NVDA) to Neutral from Outperform with a price target of $225, down from $360.  The price target implied a downside of 2.7%. Gerra contended that order cancellations recently started in consumer GPUs due to excess inventories, a slowdown in consumer demand and PC demand, and the Russia embargo. Also…

Analysts boosted their price targets on Broadcom Inc (NASDAQ:AVGO) post Q1 FY22 results. Baird analyst Tristan Gerra raised the price target on Broadcom from $690 to $700 (21% upside) and kept an Outperform.  The analyst said strong demand continues and will likely accelerate year-over-year this quarter, driven by enterprise IT, hyper-scale and cloud, switches upgrades…