Bank of America Securities semiconductor analyst Vivek Arya said on CNBC that Nvidia Corp. could generate $1 billion in free cash flow every weekday by this time next year, and that the stock is 30-50…
Bank of America says Nvidia Corp. could be undervalued by up to 50% relative to peers ahead of its August 26 earnings report, with analyst Vivek Arya maintaining a $350 price target. The assessment wa…
Bank of America analyst Vivek Arya said Nvidia's stock is trading at a 40%-50% discount to AI compute peers and a 31%-36% discount to the S&P 500 on an enterprise value-to-free cash flow basis, creati…
Bank of America Corp. analysts led by Vivek Arya said Nvidia Corp. shares could be trading at a 34% to 50% discount to their conceptual sum-of-parts value, suggesting investors are overstating risks r…
Nvidia Corp. aims to dominate every aspect of AI by securing chip supply, land, power, and shell, according to BofA Securities analyst Vivek Arya after meeting with Nvidia senior management. The compa…
Bank of America analyst Vivek Arya reaffirmed a Buy rating on Nvidia with a $350 price target, implying 56-61% upside from the stock's recent range of $219-$224, citing the AI chip supercycle. Arya pr…
Roughly 71% of fund managers do not expect any AI hyperscaler to announce a cut in capital expenditures this year, according to BofA's latest fund manager survey, up from 61% in July. BofA analyst Viv…
Bank of America's Global Research team projects the total data center systems market will reach $2.2 trillion by 2030, driven by AI infrastructure, with AI data center systems alone accounting for $1.…
Nvidia has committed $70 billion in equity investments into AI ecosystem partners, including $30 billion in OpenAI, up to $10 billion in Anthropic, and $5 billion in Safe Superintelligence, according …
Bank of America analyst Vivek Arya reported that cloud computing backlogs across the top four cloud service providers now exceed $2.3 trillion, up 16% from the first quarter, supporting continued AI c…
Bank of America says analog chipmakers are emerging beneficiaries of the AI infrastructure boom, with AI-related sales across the group expected to grow 50% to more than 100% this year. Analyst Vivek …
Nvidia's stock has lost nearly $1 trillion in market value since May 14, trading at its cheapest since early 2019, which could prompt the company to aggressively increase share buybacks. Citi analysts…
Bank of America reiterated its Buy rating on Nvidia stock with a $350 price target, calling it a compelling buying opportunity at a seven-year low valuation. Analyst Vivek Arya argued that the market …
Nvidia's stock has lost roughly $1 trillion in market value in less than two months, now trading at 18 times forward earnings, its cheapest since early 2019. Analysts like Jessica Inskip and Vivek Ary…
Bank of America raised its price target for Micron Technology to $1,500, citing the stock's low valuation relative to its AI-driven earnings growth. The chipmaker trades at 8.3x estimated 2026 earning…
Bank of America raised its global server CPU market forecast to over $170 billion by 2030, citing agentic AI as the primary demand driver. The revision triggered a semiconductor rally on June 11, with…
Bank of America upgraded Intel from Underperform to Buy on June 11, raising its price target from $96 to $135, after the stock surged more than 200% year-to-date from roughly $20 in May 2025 to nearly…
Intel shares surged 5.2% after Bank of America issued a double rating upgrade, raising Intel to "buy" from "underperform" and boosting its price target to $135 from $96. Analyst Vivek Arya cited Intel…
Bank of America double-upgraded Intel to "buy" from "underperform," raising its price target to $135 per share, citing the company's opportunity to address industry constraints in leading-edge wafers …