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Fresh analyst commentary examined prospects for a rebound in AI-related chip stocks, with one Yahoo Finance piece assessing forecasts for Nvidia, AMD, and Intel amid recent volatility tied to AI spending concerns. Separately, Piper Sandler argued AMD could compound earnings per share growth over coming years. Nvidia shares were reported rising toward a key technical level as investors positioned ahead of the Federal Reserve's rate decision, with some analysts framing the move as a test of whether the stock can resume its uptrend following recent AI-slowdown fears that had weighed on chipmakers.
Sources:Yahoo Finance