Latest news with #VivekArya
Yahoo
3 hours ago
- Business
- Yahoo
Why Nvidia is a 'value stock' right now
BofA Securities senior semiconductor analyst Vivek Arya joins Market Domination with Josh Lipton and Julie Hyman to discuss his outlook for Nvidia's (NVDA) stock trajectory, the catalysts that could drive its growth, and why he currently sees it as a "value stock." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Marvell is a 'very high growth' AI player: BofA analyst
Marvell Technology (MRVL) stock gains after the semiconductor tech company hosted its custom artificial intelligence (AI) chip event, showcasing its AI plans and capacity. Following the event, Bank of America (BAC) analysts lifted their price target for the stock to $90 from $80. BofA Securities senior semiconductor analyst Vivek Arya joins Market Domination to explain what drove the price target increase and why he's bullish on Marvell as an AI player. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Yahoo
7 days ago
- Business
- Yahoo
Advanced Micro Devices (AMD) Gets $130 Price Target as BofA Calls It the 'Next-Best AI Vendor'
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the . On June 13, BofA declared AMD as the 'next-best AI vendor' after its AI event in San Jose, maintaining a 'Buy' rating and a $130 price target on the shares. The company unveiled new details about its next-generation AI chips, the Instinct MI400 series, set to ship next year. OpenAI's Sam Altman made a surprising appearance at the event as well, with AMD noting how it has been offering it feedback on its MI400 roadmap. Analyst Vivek Arya noted how the company provided an update to its end-to-end infrastructure platform, stating that investors' expectations might 'have been high,' but the company continues to execute in its AI roadmap, customer, and ecosystem proliferation. A close-up of a digital circuit board with chips illuminated by LED lights. The company has also doubled down on its partnerships with Meta, Oracle, Microsoft, xAI, OpenAI, and Saudi Arab's AI startup Humain. The analyst also noted how no new hyperscaler customer was officially announced, and believes there may be 'engagement' with Amazon's AWS, given that it was a key sponsor for the event. Moreover, he added that AWS prefers announcing its new instances and engagements at its own events. 'We attended AMD's Advancing AI Event in San Jose where AMD provided an update to its end-to-end AI infrastructure platform. Similar to last AI event in Oct-2024, investor expectations might have been high, but we highlight its continued execution in AI roadmap, customer/ecosystem proliferation, and software maturity.' Advanced Micro Devices, Inc. (NASDAQ:AMD) develops and sells semiconductors, processors, and GPUs for data centers, gaming, AI, and embedded applications. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
7 days ago
- Business
- Yahoo
BofA Boosts Lam Research (LRCX) Target to $100 Amid DRAM Tailwinds
Lam Research Corp. (NASDAQ:LRCX) is one of the 10 best tech stocks to buy according to billionaires right now. In a recent update dated June 9, BofA Securities analyst Vivek Arya reiterated his Buy rating on Lam Research and raised the stock's price target to $100 (up from $90), driven by a more constructive outlook on NAND, as well as continued strength in advanced DRAM markets, including DDR5 and HBM. Following discussions with Lam Research's management during the 2025 Bank of America Global Technology Conference, Arya highlighted positive signals not only from Lam but also from KLA Corp and Applied Materials. All three companies pointed to sustained momentum in leading-edge foundry/logic and advanced DRAM wafer fab equipment (WFE) demand this year. According to Arya, this strength is playing a key role in balancing out ongoing softness in China and in spending on trailing-edge nodes. This, in turn, is helping the sector stay on track for mid-single-digit year-over-year growth in calendar 2025. An engineer in a lab coat examining a state-of-the-art semiconductor chip. At the conference, the company projected the wafer fab equipment market to grow by mid-single-digit to around $100 billion, from around $90 billion last year. Lam Research is positioning itself to secure a substantial share of this growth, particularly in etch and deposition, where investment is projected to rise from the low to high 30% range. Lam Research Corp.'s (NASDAQ:LRCX) management also commented on early-stage NAND upgrade activity taking place across multiple customers, framing it as part of a broader, long-term $40 billion market opportunity. Importantly, despite recent concerns surrounding regulatory developments, Arya noted that all major vendors view China as effectively 'de-risked' for 2025, with sales contribution expected to stabilize in the 25%–30% range. Lam Research Corp. (NASDAQ:LRCX) is a leading semiconductor equipment manufacturer that provides wafer fabrication equipment and services to the semiconductor industry. The company's innovative systems for wafer etching and deposition are essential for the advanced nodes of semiconductor technology, enabling the creation of smaller and more efficient integrated circuits. While we acknowledge the potential of LRCX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-06-2025
- Business
- Yahoo
BofA Boosts Lam Research (LRCX) Target to $100 Amid DRAM Tailwinds
Lam Research Corp. (NASDAQ:LRCX) is one of the 10 best tech stocks to buy according to billionaires right now. In a recent update dated June 9, BofA Securities analyst Vivek Arya reiterated his Buy rating on Lam Research and raised the stock's price target to $100 (up from $90), driven by a more constructive outlook on NAND, as well as continued strength in advanced DRAM markets, including DDR5 and HBM. Following discussions with Lam Research's management during the 2025 Bank of America Global Technology Conference, Arya highlighted positive signals not only from Lam but also from KLA Corp and Applied Materials. All three companies pointed to sustained momentum in leading-edge foundry/logic and advanced DRAM wafer fab equipment (WFE) demand this year. According to Arya, this strength is playing a key role in balancing out ongoing softness in China and in spending on trailing-edge nodes. This, in turn, is helping the sector stay on track for mid-single-digit year-over-year growth in calendar 2025. An engineer in a lab coat examining a state-of-the-art semiconductor chip. At the conference, the company projected the wafer fab equipment market to grow by mid-single-digit to around $100 billion, from around $90 billion last year. Lam Research is positioning itself to secure a substantial share of this growth, particularly in etch and deposition, where investment is projected to rise from the low to high 30% range. Lam Research Corp.'s (NASDAQ:LRCX) management also commented on early-stage NAND upgrade activity taking place across multiple customers, framing it as part of a broader, long-term $40 billion market opportunity. Importantly, despite recent concerns surrounding regulatory developments, Arya noted that all major vendors view China as effectively 'de-risked' for 2025, with sales contribution expected to stabilize in the 25%–30% range. Lam Research Corp. (NASDAQ:LRCX) is a leading semiconductor equipment manufacturer that provides wafer fabrication equipment and services to the semiconductor industry. The company's innovative systems for wafer etching and deposition are essential for the advanced nodes of semiconductor technology, enabling the creation of smaller and more efficient integrated circuits. While we acknowledge the potential of LRCX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
