KeyBanc Capital Markets is getting more optimistic about
Nvidia
and Advanced Micro Devices based upon the growing demand for artificial-intelligence applications.
On Monday, analyst John Vinh reaffirmed his Overweight ratings for
Nvidia
(ticker: NVDA) and
AMD
stock (AMD). He also raised his price targets on Nvidia stock to $320 from $280, and on AMD stock to $110 from $95.
Source: https://www.barrons.com/articles/nvidia-stock-amd-ai-a95dccca?siteid=yhoof2&yptr=yahoo