---
title: "BofA boosts chip price targets as AI demand surges"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286340017.md"
description: "BofA has raised price targets for major chip companies, including Nvidia, AMD, Marvell, Micron, and Coherent, with Micron's target nearly doubling to $950 due to AI-driven demand. The AI data center market is projected to reach $1.7 trillion by 2030, with significant contributions from AI accelerators. However, despite optimistic forecasts, chip stocks may face volatility risks, including bubble comparisons and geopolitical uncertainties that could lead to sudden shifts in market sentiment."
datetime: "2026-05-14T01:35:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286340017.md)
  - [en](https://longbridge.com/en/news/286340017.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286340017.md)
---

# BofA boosts chip price targets as AI demand surges

Major target hikes: BofA raised price targets for Nvidia, AMD, Marvell, Micron, and Coherent, with Micron’s nearly doubling to $950 on AI-driven demand expectations. AI market outlook: The AI data center market forecast rose to $1.7 trillion by 2030, with $1.2 trillion expected from AI accelerators, underscoring sustained hyperscaler spending. Volatility risk: Despite bullish forecasts, chip stocks face bubble comparisons, sharp selloffs, and geopolitical uncertainties, highlighting potential for abrupt sentiment shifts.

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