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Raymond James Bullish on AI Chip Leaders Nvidia, AMD, and Broadcom

Raymond James Bullish on AI Chip Leaders Nvidia, AMD, and Broadcom

Author:

Global Cryptocurrency

Published:

2025-11-21 12:48:02

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BTCCSquare news:

Raymond James analyst Simon Leopold initiated coverage on three dominant players in the AI chip market, issuing Buy ratings for Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO). The bullish outlook comes as spending on AI computing infrastructure shows no signs of slowing.

Nvidia maintains its pole position with a $272 price target (50% upside potential), leveraging its entrenched ecosystem of government and enterprise partnerships. Demand for its next-generation Blackwell chips may exceed current market expectations.

AMD emerges as a rising challenger, securing major design wins that could disrupt the competitive landscape. Broadcom rounds out the trio as a critical enabler of AI data center buildouts.

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