Two chip stocks upgraded to Buy on AI data-center business
FROM THE WIRE · INVESTORS.COM
Broadcom stock and Macom Technology Solutions stock received upgrades from Wall Street analysts on Tuesday as chip stocks overall rallied.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAnalyst upgrades on two chip stocks amid a sector rally, with impact mainly on the individual stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Broadcom and Macom Technology Solutions received upgrades from Wall Street analysts.
- 02The upgrades came on Tuesday as chip stocks overall rallied.
- 03The upgrades focus on the AI data-center business.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Broadcom Inc.342.84 USD+0.29%today +4.15%Positive MACOM Technology Solutions Holdings, Inc.256.59 USD+0.22%today +5.34%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets