Analysts have an optimistic outlook on the semiconductor industry heading into 2025.
Broadcom, Marvell Inc and Synopsys Inc are JPMorgan’s top picks for the sector.
Elsewhere, analysts at Bank of America see Nvidia as poised to remain at the forefront of the US semiconductor industry in 2025, leading the first half’s growth on the back of robust AI and cloud investments.
And Micron Technology has been downgraded by Bank of America to ‘neutral’ from ‘buy’, with analysts citing underwhelming sales guidance and ongoing margin pressure.
Here are some more of the top analyst calls of the week.