Asian chip stocks rally as Nvidia earnings fuel AI hype
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Goldman Sachs remains bullish on NVIDIA, Taiwan Semiconductor
February 26, 2024 8:18 AM ESTGoldman Sachs analysts reiterated their buy ratings on NVIDIA (NASDAQ: NVDA) and Taiwan Semi (NYSE: TSM) in a note Monday following recent rumors that OpenAI CEO Sam Altman is trying to raise up to $7 trillion to facilitate emerging AI demand.
The investment bank said while they do not take a view on the article or... More
NVIDIA (NVDA) PT Raised to $925 at New Street Research
February 23, 2024 9:21 AM ESTNew Street Research analyst Pierre Ferragu raised the price target on NVIDIA (NASDAQ: NVDA) to $925.00 (from $535.00) while maintaining a Buy rating.
... MoreNVIDIA (NVDA) PT Raised to $840 at CFRA
February 22, 2024 2:22 PM ESTCFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $840.00 (from $700.00) while maintaining a Buy rating.
The analyst comments "We lift our 12-month target to $840 from $700, on P/E of 30x our CY 25 EPS view, above peers/ below... More
BofA bullish on Taiwan Semi (TSM) after Nvidia guide
February 22, 2024 9:17 AM ESTBofA maintained its Buy rating and $760 per share price target on Taiwan Semi (NYSE: TSM) in a note Thursday following Nvidia's (NASDAQ: NVDA) earnings.
The bank said there is a positive read-through for TSM from... More
