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AMD hits $1T market cap as chip stocks rally on Trump-Xi dinner optimism
BofA analyst raises 2030 chip market estimate to $3.2 trillion
1 Sep 21 12:00 PM · 5d ago · 2 articles · 1 source · development 1 of 1
BofA analyst Vivek Arya argued that the semiconductor industry has a long runway ahead, raising his 2030 chip market estimate from $2.7 trillion to $3.2 trillion, driven by overwhelming demand for data center capacity, advanced logic, and memory equipment.
“The semiconductor industry has a long runway ahead, citing hardware and power constraints.”
Vivek AryaAMD ChipmakerVivek Arya BofA analyst
President Trump U.S. President
Xi Jinping Chinese leaderMeta Social media and AI company
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Sep 22Sep 23Sep 24yesterdaynow · 2:29 PM ET
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first by Yahoo Finance, 5d ago
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