Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts, citing their potential to gain from booming demand for artificial intelligence.

Semiconductor stocks have been red hot over the last two years thanks to soaring demand for artificial intelligence (AI).

Barclays analyst Thomas O’Malley maintained a Buy rating on Broadcom (AVGO – Research Report) today and set a price target of $260.00. The ...

The accelerating adoption of AI has left little upside for many stocks in the space -- but others are poised to surge.

particularly from Nvidia (NVDA), as well as the “growing” cloud preference for custom chips from Broadcom (AVGO) and Marvell Technology (MRVL), which could limit Advanced Micro Devices ...

Advanced Micro Devices AMD is trying to catch up ... This should further boost demand for NVIDIA's advanced chips. Broadcom AVGO is another company dominating its respective niche of the ...

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Broadcom (AVGO – Research Report) and Trade Desk ...

Chip stocks surged Monday, led by Broadcom and Advanced Micro Devices following bullish calls from analysts anticipating gains driven by demand for artificial intelligence (AI). UBS analysts ...