Chip stocks likely to continue trading higher: JPMorgan
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Goldman Sachs Reiterates Conviction Buy Rating on NVIDIA (NVDA)
June 3, 2024 6:39 AM EDTGoldman Sachs analyst Toshiya Hari reiterated a Conviction Buy rating and $1,200.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "We attended CEO Jensen Huang's keynote speech at Computex 2024 in Taiwan on June 2. While we are not making any estimate changes, announcements... More
Melius Starts Broadcom Limited (AVGO) at Buy
June 3, 2024 6:22 AM EDTMelius analyst Ben Reitzes initiates coverage on Broadcom Limited (NASDAQ: AVGO) with a Buy rating and a price target of $1,850.00.
The analyst comments "Broadcom is one of the must-own AI stocks due to its leadership as a fabless semiconductor provider across many categories - but its Networking division (30% of revenues) should drive upside with AI accelerators (XPUs) and networking chips largely... More
Needham Reiterates Buy Rating on Marvell (MRVL)
May 31, 2024 6:18 AM EDTNeedham analyst N. Quinn Bolton reiterated a Buy rating and $95.00 price target on Marvell (NASDAQ: MRVL).
The analyst comments "Marvell reported a beat and raise 1QF25 as the Data Center segment continues to outperform. Our key takes: 1) GM will be weighed down... More
Marvell (MRVL) PT Raised to $91 at Evercore ISI
May 31, 2024 4:54 AM EDTEvercore ISI analyst Mark Lipacis raised the price target on Marvell (NASDAQ: MRVL) to $91.00 (from $88.00) while maintaining a Outperform rating.
The analyst comments "Setting Table For AI Upside. On the positive side MRVL reported its AI revs doubled YY, we est... More
