Applied Materials (AMAT) – Maintain SELL; $173 FV
Boring in the Near Term
Hari Polavarapu
Microsoft (MSFT) – Maintain SELL; $379 FV
Divergence in Market Value of AI Versus Monetization of AI
Taiwan Semiconductor (TSM) – Maintain SELL; $103 FV
HPC Growth Offsets Weakness Elsewhere For Now
ASML Holding (ASML) – Maintain SELL; $690 FV
Plodding Along in 2024……With a Hint of Incremental Risk in 2025
Nvidia (NVDA) – Maintain SELL; $765 FV
Notes From GTC 2024 (GPU Technology Conference): 3/18/24 – 3/19/24
Micron Technology (MU) – Maintain SELL; $95 FV
Pricing Helping Stability; AI Driving Growth……For Now
Marvell Technology (MRVL) – Maintain SELL; $51 FV
It’s Data Center, And Nothing Else For Now
Broadcom (AVGO) – Maintain SELL; $1,000 FV
AI + VMware Acquisition On Solid Ground, Remaining 1/3rd Down
GlobalFoundries (GFS) – Maintain SELL; $44 FV
Ongoing Inventory Correction Has No Quick Recovery In Sight
NXP Semiconductors (NXPI) – SELL; $201 FV
Finally Realizing It Is No Better Than Peers