Nvidia and A.I. are hot — and BofA says these 3 global stocks are also worth the buzz

Nvidia's earnings blockbuster has gotten investors excited . The stock soared more than 29% in extended trading after the May 24 results — building on the already huge returns it got from the artificial intelligence buzz this year. Since Wednesday, it's been up 27%. In a May 25 note, BofA said Nvidia's "rosy outlook" when it comes to data centers and AI has reaffirmed its positive view on the AI server hardware supply chain.

Delta Electronics : BofA noted there's still upside for the electronics manufacturer if demand for servers or data centers is stronger than expected, or if electric vehicle-related launches by global brands come faster than anticipated. The bank gave Delta a price target of 365 Taiwanese dollars , or about 15% potential upside. Lite-On Tech : BofA is bullish on shares of this electronic components supplier, which produces parts for the semiconductor industry, among other products.

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Fuente: Forbes - 🏆 394. / 53 Leer más »