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Nvidia and AMD Stock Have Upside on AI Opportunity, Analyst

April 27, 2023

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KeyBanc Capital Markets is getting more optimistic about Nvidia and Advanced Micro Devices based upon the growing demand for artificial-intelligence applications.

On Monday, analyst John Vinh reaffirmed his Overweight ratings for Nvidia (ticker: NVDA) and AMD stock (AMD). He also raised his price targets on Nvidia stock to $320 from $280, and on AMD stock to $110 from $95.
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Nvidia and AMD Stock Have Upside on AI Opportunity, Analyst Says

KeyBanc Capital Markets is getting more optimistic about Nvidia and Advanced Micro Devices based upon the growing demand for artificial-intelligence applications.

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