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Buy this semiconductor maker as AI data center boom continues, Stifel says
The investment firm upgraded the chipmaker to buy from hold.
14 words~1 min read
The investment firm upgraded the chipmaker to buy from hold.
Get this delivered to your inbox, and more info about our products and services.

The investment firm has an outperform rating on the semiconductor name.

The bank reiterated its outperform rating on the semiconductor manufacturer and hiked its price target.

The bank initiated the company, which produces cables and chips to connect powerful AI computers, at a buy rating.

Demand for memory, storage and CPUs are bolstering chip makers thanks to the artificial intelligence buildout.

F.L.Putnam's chief market strategist Ellen Hazen is nearly certain an AI bubble will happen, but recommends TSMC as one of the…

Analyst Frank Lee upgraded the chipmaker to buy from hold with a revised price target of $200.