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Nvidia, AMD, Marvell Targets Cut: Melius Pulls Back on AI Stocks as Big Tech Lines Up to Raise Cash

Nov 2, 2026 · 09:27 AM ET· updated 1h ago
Nvidia, AMD, Marvell Targets Cut: Melius Pulls Back on AI Stocks as Big Tech Lines Up to Raise Cash

Melius kept Nvidia at Buy but cut its target to $315, lowering targets across chip stocks amid AI financing risks and pressured valuations.

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Why It Matters

A research firm lowered its price targets for chip stocks. They worry about AI companies needing to raise money soon.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.