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Citi raises AMD and Nvidia price targets
Finbold·2025-07-07 21:43

Citi are feeling more bullish about semiconductors, lifting their price targets for Nvidia (NASDAQ: NVDA)  and AMD as the AI race intensifies.Nvidia saw its price target raised to 190from190 from 180, with Citi reiterating a Buy rating. The updated outlook comes from analyst Atif Malik, who now expects the 2028 total addressable market for AI data center semiconductors to reach 563billion. Thatsupfromthefirmspreviousestimateof563 billion. That’s up from the firm’s previous estimate of 500 billion and reflects stronger-than-expected sovereign investment in AI ...