Wall Street is Still Pounding the Table Over Nvidia, Micron, and Netflix

"Nvidia ( NASDAQ: NVDA) is pushing higher on a report from Truth Social that the tech giant could ship its H200 chips to "approved customers" in China and other high-demand areas. All under the condition that a quarter of sales be paid to the U.S. government. As a result, analysts at Bernstein just initiated an outperform rating on NVDA, noting that if reports are accurate, NVDA can ship chips to some customers in China, which is a positive development."

"Just yesterday, analysts at Bernstein reiterated an outperform rating on Nvidia, citing a significant opportunity with data centers. After all, artificial intelligence will continue to create massive demand for data centers. Right now, according to MIT Technology Review, there are about 3,000 data centers across the U.S. Plus, according to a report from McKinsey, $5.2 trillion in AI infrastructure investments will be needed by 2030."

"Shares of Micron ( NASDAQ: MU) are down about $2.62 at the moment. However, Deutsche Bank analysts see more upside heading into earnings. The firm reiterated its buy rating on MU ahead of the company's earnings on December 17, with a price target of $280, up from $200. The firm believes MU is well-positioned to benefit from the memory cycle, with HBM driving structural changes in the semiconductor industry."

"And down, but not out, shares of Netflix ( NASDAQ: NFLX) are being viewed positively by analysts at Needham. The firm has a buy rating on NFLX and doesn't believe it needs Warner Bros. Discovery. According to the firm, "NFLX buying WBD would put $83B of additional value at risk of being disrupted by GenAI. Without WBD, NFLX is more global, more nimble, more tech-first, and has more flexibility with the Hollywood unions (called Guilds)," as quoted by CNBC."

Nvidia could ship H200 chips to approved customers in China and other high-demand areas if a quarter of sales are paid to the U.S. government. Bernstein initiated an outperform rating and said shipments to some Chinese customers would be positive. Analysts see a significant data-center opportunity for Nvidia as AI drives demand; MIT Technology Review notes about 3,000 U.S. data centers and McKinsey projects $5.2 trillion in AI infrastructure investments by 2030. Micron fell modestly while Deutsche Bank reiterated a buy rating and raised a $280 price target, citing HBM-driven memory-cycle benefits. Needham and Evercore ISI hold positive views on Netflix and its strategic flexibility without acquiring Warner Bros. Discovery.

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