Amkor Technology
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BofA analyst Vivek Arya kept a Buy rating and $350 price target on Nvidia after its earnings beat. The note lifts the FY28/CY27 sales growth view to ~70% YoY, well above consensus, and lifts EPS estimates by 19% for that year. Gross margins are expected to ease to 72-73%. Vera Rubin is ramping fast. BofA also sees a positive read-across for Micron.
corporate action · Impact 40Amkor exploring stake sale in China business valued at $1B-$1.5B.
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