Reported about 1 year ago
As NVIDIA's stock price continues to soar, analysts are turning more cautious on the outlook, with one even downgrading the rating of NVIDIA stock and showing optimism towards TSMC and AMD stock prices. Despite NVIDIA's dominance in the AI data center market, analysts are advising a more cautious approach due to short-term expectations and valuation. On the other hand, analysts like Pierre Ferragu are more optimistic about TSMC and AMD, projecting a target price increase of around 19% for TSMC and 38% for AMD in the next 12 months.
Source: YAHOO