NVDA, MU, AMD: Outlook For Semiconductor Stocks As A.I. Usage Spreads

I think Nvidia (NVDA) has a great product, but I think that assuming they're the only game in town for A.I. is foolish, notes Kim Forrest. She and Angelo Zino discuss semiconductors. Kim mentions that growth and momentum investors are driving NVDA and they still like AMD, INTC, and MU. Angelo highlights that CFRA has a buy rating and $415 price target on NVDA and a buy rating with a $68 price target on Micron (MU). They talk about the outlook for semiconductor stocks as A.I. usage spreads. Tune in to find out more about the stock market today.

Trading 360

26 May 2023

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