From Investor's Business Daily, January 16:
AMD, Nvidia Shares Rise On Bullish Wall Street Reports
Advanced Micro Devices (AMD) and Nvidia (NVDA) were among semiconductor stocks moving higher on positive analyst reports on Tuesday. AMD stock and Nvidia stock notched fresh highs on the news.
AMD stock received price-target increases from Barclays, KeyBanc Capital Markets and Susquehanna Financial Group.
Nvidia stock scored a price-target hike from KeyBanc.
AMD Stock Hits 52-Week High
In midday trades on the stock market today, AMD stock jumped around 8% to 157.91. Earlier in the session, AMD stock hit a 52-week high of 159.71. The chipmaker recorded its all-time high of 164.46 back in November 2021.
Nvidia stock surged 3% to 563.69. In intraday trading, Nvidia claimed a record high of 568.35.....
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