Semiconductor and technology stocks are surging

$Micron Technology (MU.US)$ On the eve of the earnings report, several Wall Street foreign investors have raised the rating of Nvidia. For example, Stifel and Barclays have raised the target price by about 30% and 20% respectively from the current stock price, inspiring $NVIDIA (NVDA.US)$ Intraday, it surged nearly 3%, continuing to challenge the historical high!
Morgan Stanley emphasizes a bullish outlook on the industry development of high-bandwidth memory, not only raising the rating for Micron Technology, but also significantly raising the target price by over 30%, inspiring Micron's intraday surge of over 4%! After a correction in April, Micron has rebounded and hit a new historical high 📈
Semiconductor testing equipment suppliers $Teradyne (TER.US)$ Due to the acquisition of Danish robot arm manufacturer Universal Robots in 2015, it has the subject matter of AI robot development! It has been rising steadily since the end of April, and soared more than 5.7% last night, reaching a new high for the year and continuing to move towards the historical high in January 2022!
Semiconductor and technology stocks are rising strong, driving $NASDAQ (NASDAQ.US)$ The Nasdaq index has set a new historical high! The PHLX Semiconductor Index has surged more than 2%, continuing to move towards the previous historical high! In terms of ADR, TSMC surged more than 3% and United Microelectronics rose more than 2.8%, approaching this year's high position.👏