Technical analysis in the gpus stock price forecast reveals a bullish cup-and-handle formation on daily charts. Support stands solid at $387, while resistance at $415 may soon be breached amid accelerating RSI trends. KeyBanc Capital Markets reinforced this outlook by reiterating its Overweight rating on Broadcom and raising its price forecast to $420 from $400, citing the company’s foundational position in AI and the broader semiconductor supply chain. Suppose the channel checks reported by Wedbush concerning the supply-demand imbalance for NVIDIA’s NASDAQ: NVDA AI GPUs are correct. In that case, it isn’t a matter of Advanced Micro Devices NASDAQ: AMD taking share but claiming it . Data from recent trade sessions confirm upward revisions on gpus stock price forecast, with MACD crossovers signaling potential for a 10% rally in the upcoming month. Institutional sentiment ranks in top quartile compared to peers.
