Citi Recommends Nvidia (NVDA) and Broadcom (AVGO) Stock Following Chip Sector Decline

Bank of America makes bold chip call after AI sell-off

Chip stocks entered Tuesday, Sept. 15, trying to recover from a sharp sell-off tied to renewed concerns that artificial-intelligence development could slow. Nvidia (NVDA), Advanced Micro Devices (AMD), and other semiconductor stocks fell after AI-industry leaders raised concerns about the pace of…

Citi Recommends Nvidia (NVDA) and Broadcom (AVGO) Stock Following Chip Sector Decline

Citi identifies buying opportunity in Nvidia and Broadcom after chip stocks fall on AI slowdown fears, while oil surges and rate hike expectations mount.

Citi Says Buy Nvidia and Broadcom After Semiconductor Stocks Drop on AI Slowdown Fears

TLDR Citi is telling investors the semiconductor pullback is a buying opportunity, saying AI spending fears are overdone Nvidia and Broadcom management both pushed back on slowdown concerns, with Broadcom targeting $115 billion in AI chip revenue by fiscal 2027 Anthropic CEO Dario Amodei called for...