Nomura Predicts Over 110% Rally for Key Chip Stocks Amid AI Demand

According to Nomura, certain chip stocks are poised for significant gains, potentially over 110%, driven by surging structural demand for memory in artificial intelligence applications.

18 May, 23:09 — 18 May, 23:09

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cnbcMostly Factual105d ago

These chip stocks could extend historic gains by rallying over 110%, according to Nomura

Surging structural demand for memory in AI applications are likely to keep profitability high for chip stocks.

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Nomura Predicts Over 110% Rally for Key Chip Stocks Amid AI Demand

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These chip stocks could extend historic gains by rallying over 110%, according to Nomura

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