The Latest Breaking News from Vivek Arya

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year.

New Street analyst Pierre Ferragu upgraded NVIDIA Corp (NASDAQ:NVDA) to Buy from Neutral with a price target of $280 (30.2% upside). Ferragu saw an attractive valuation, greater visibility on the "crypto-winter risk," and the company's robust data center outlook.  Ethereum's hash rate quadrupled between October 2020 and January 2022, likely boosting Nvidia's FY22 gaming revenues…

Advanced Micro Devices Inc (NASDAQ:AMD) and NVIDIA Corp (NASDAQ:NVDA) are likely to keep benefiting, BofA analyst Vivek Arya notes. The graphics chip market is "still early in the upgrade cycle." The second half of the year should grow more robust as supply and mix improve. Related Content: AMD Analyst Turns Bullish After 10 Years; 'Valuation Downright Attractive, Execution…

Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…

Intel Corp (NASDAQ:INTC) shared its 2022 and long-term growth strategy at its investor meet. After attending Intel's analyst day, BofA analyst Vivek Arya said the company "laid out an ambitious plan" to drive double EPS growth through 2026.  He expects bulls to focus on its commitment to process leadership, large and growing total addressable markets,…