Nvidia and Super Micro Positioned to Benefit from AI Growth, Say BofA Analysts

• Nvidia's GTC conference next week could catalyze its stock price, says BofA Securities analyst Vivek Arya • Arya raised his NVDA price target to $1,100 from $925, citing its product pipeline in AI, networking, data center, PC, and software • Super Micro Computer is well-positioned to benefit from growing AI server market, says BofA's Ruplu Bhattacharya
• Bhattacharya hiked his SMCI price target to $1,280 from $1,040 given its relationships with AI chipmakers • Nvidia stock is on 5 IBD stock lists; Super Micro is on 2 lists