BofA Raises Price Targets on European Chipmakers in Response to AI Market Growth
Friday, 5 July 2024, 11:46
BofA Raises Price Targets on European Chipmakers
Bank of America has raised the price targets on European chipmakers amid the strong AI market.
Positive Outlook
AI technologies are driving demand and contributing to the growth of semiconductor industry.
- This adjustment indicates a positive outlook for chipmakers in response to the increasing strength of AI market.
- Chipmakers are benefiting from the advancements in artificial intelligence.
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