Posted 1/16/2024, 1:03:23 PM
Barclays Upgrades Chipmakers, Sees 'Second Wave' of AI Driving Growth in 2025
- Barclays upgraded several semiconductor stocks as it sees a "second wave" of AI driving growth in 2025.
- Upgraded stocks include Coherent, NXP Semiconductors, Western Digital, and Camtek.
- Barclays raised price targets on AMD, Marvell Technology, and several other chip names.
- Analysts see Coherent as a buy, citing strong growth expected in 2025.
- Multiple Wall Street analysts also rate Coherent as a buy.