UBS Bets on Nvidia, Micron and AMD Amid AI Chip Rally
TL;DR Summary
UBS's five-star analyst Timothy Arcuri reiterates Buy on NVDA, MU, and AMD, raises MU's target to 475, keeps NVDA at 245, and lowers AMD to 310, citing AI-driven demand and hyperscaler capex as catalysts; NVDA is seen as the near-term winner, MU benefits from memory shortages, and AMD retains long-term AI data-center potential.
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