Vivek Arya

The iShares PHLX Semiconductor ETF (NASDAQ: SOXX) traded lower by 2.6% on Tuesday morning (although it recovered to end the day slightly positive) and is now down 11% in the past month as a global semiconductor shortage drags on. Bank of America analyst Vivek Arya discussed the recent weakness in...

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Tuesday with strong quarterly results and lifted its full-year guidance. The AMD Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on AMD shares and increased the price target from $100 to $110. The analyst named the stock as...

At Intel Corporation's (NASDAQ: INTC) "Intel Unleashed" event Tuesday, CEO Pat Gelsinger shared his vision for IDM 2.0, the company's integrated device manufacturing model. Here's what the Street has to say.  The Intel Analysts: BofA Securities analyst...

The recently launched third-generation 7nm EPYC 3 server processors (code-named Milan) by Advanced Micro Devices, Inc’s (NASDAQ: AMD) have strengthened the company’s share gain opportunity in cloud, high-performance computing (HPC) and enterprise customers, according to...

ON Semiconductor Corp (NASDAQ: ON) faces improving restructuring and autos tailwinds, according to BofA Securities. The ON Semiconductor Analyst: Vivek Arya upgraded ON Semiconductor from Underperform to Buy, while raising the price target from $32 to $48. The ON Semiconductor Thesis: The company...

The structural competitive risks faced by Intel Corporation (NASDAQ: INTC) could offset potential benefits from outsourcing to foundry, according to BofA Securities. The Intel Analyst: Vivek Arya maintained an Underperform rating on Intel with an unchanged $58 price target. The Intel Thesis:...

Intel Corporation (NASDAQ: INTC) shares were trading lower in the wake of the chip giant's better-than-expected fourth-quarter results, which were reportedly issued a few minutes early Thursday after Intel's website was hacked.  The Intel Analysts: BofA Securities...

Semiconductor stocks have got off to a strong start in the new year. Following the Consumer Electronics Show (CES) 2021, an analyst at BofA Securities outlined the key emerging trends that could impact trading in semiconductor stocks. 1. Intel CEO Transition: Intel Corporation's (NASDAQ: INTC...

Tech stocks are poised to outperform yet again as the industry sees accelerating growth, according to an analyst at BofA Securities. Factors Favoring The Outperformance:  The semiconductor industry will see an accelerating compounded annual growth rate of 8% from the calendar year 2020 through...

Advanced Micro Devices, Inc. (NASDAQ: AMD) continues to gain market share from competitor Intel Corporation (NASDAQ: INTC), and its share price is marching to new highs. A flurry of large AMD option trades were mostly bullish on Monday as investors hope a massive gaming upgrade cycle will push the...

Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (NASDAQ: NVDA) have been two of the hottest stocks of 2020, and the latest Steam data from Bank of America suggests the companies could both be on track for big fourth quarters. On Monday, Bank of America analyst Vivek Arya said his...

The dust is settling down after the long-drawn U.S. presidential election, and at this juncture, BofA Securities sees a handful of semiconductor stocks as post-election plays that present attractive buying opportunities. Bullish On Chipmakers With Cloud, Auto Exposure: Despite uncertainty around...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is on tap to release its third-quarter earnings report Tuesday after the market closes. The report assumes significance, as rival chipmaker Intel Corporation (NASDAQ: INTC) turned in a disappointing quarterly performance. Q1 Expectations: Santa Clara...

Intel Corporation (NASDAQ: INTC) shares are retreating to a one-month low following the chipmaker's lukewarm third-quarter results. The Intel Analysts: BofA Securities analyst Vivek Arya downgraded Intel from Neutral to Underperform and reduced the price target from $60 to $45. Benchmark...

Advanced Micro Devices, Inc. (NASDAQ: AMD) on Thursday announced its new Ryzen 5000 series of desktop CPUs based on the new Zen 3 architecture. The launch of these premium-priced processors helps close the pricing gap against archrival Intel Corporation (NASDAQ: INTC) and showcases the confidence...