Bank of America lifted its price target on onsemi stock amid rising demand for AI and consumer electronics chips.
1 report, 1 independent
Updated May 26
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What happened
Bank of America lifted its price target on onsemi stock amid rising demand for AI and consumer electronics chips.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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onsemi
A semiconductor company focused on intelligent power and sensing technologies
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Bank of America
American multinational banking and financial services corporation
Related events
- Dell announced its AI Factory will utilize Nvidia technology, while Macquarie partnered with Dell to deliver AI infrastructure in Australia. BofA also raised Dell's price target.
- Samsung and SK Hynix are upgrading Chinese memory facilities for AI, while Bank of America expects increased shareholder returns.