AI Chip Makers Soar: Analysts Reset Stock Price Targets After Trillion-Dollar Q2
The recent surge in the market values of AI chip makers like Nvidia and Micron has prompted analysts to reset their stock price targets. Nvidia's Blackwell system and Micron's strong performance in the AI-memory-chip market have garnered positive attention.
Tesla's upcoming robotaxi event and Apple's AI push are also influencing analysts' predictions. While Nvidia and Apple are vying to reach $4 trillion market cap, the AI frenzy is driving the expansion of the trillion-dollar club, with companies like TSMC and SK Hynix benefiting from the AI boom.
Overall, the accelerating demand for AI technologies is reshaping the stock market landscape and fueling optimism among investors and analysts alike.
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Analysts weigh in on Micron stock price targets after Q3 earnings
Analyst resets Nvidia stock price target after trillion-dollar Q2
Analysts reset Tesla stock price targets as robotaxi event looms
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