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Wells Fargo Backs Marvell, Micron, and Rambus With Strong Buy Ratings as AI Demand Grows
Wells Fargo analyst Aaron Rakers has reaffirmed Strong Buy ratings for Marvell Technology, Micron Technology, and Rambus, driven by increasing demand for AI-linked hardware. Marvell, Micron, and Rambus, all crucial to the AI supply chain, have seen their stock prices rise year-to-date, with Micron notably selling out its entire 2026 HBM supply. Analysts are bullish on these semiconductor companies, anticipating continued growth, particularly with Micron’s upcoming fiscal Q2 earnings report.