Shares of Nvidia and Advanced Micro Devices jumped on Tuesday as investor optimism over the prospects of higher demand for artificial intelligence (AI)-powered chips prompted Wall Street analysts to hike their price targets for the semiconductor giants.
Nvidia currently has a dominant position in the market for advanced AI chips, but AMD is expected to gain ground this year…
This story from finance.yahoo.com was posted on 2024-01-16 by @seabree.