KEYBANC POSITIVE ON $NVDA AND $MU AFTER ASIA TRIP KeyBanc said its Asia trip reinforced a bullish view on AI and memory stocks, citing strong hyperscaler demand and tightening supply. The firm raised estimates and price targets for several names, with the most positive views on NVDA, MU, $AMD, and $INTC. KeyBanc highlighted higher CoWoS capacity for NVDA, a stronger-for-longer memory cycle benefiting MU, and broad data-center tailwinds across the sector. It turned cautious on $QCOM due to weakening China demand and rising pricing pressure, while noting mixed conditions in smartphones and largely stable trends in analog semiconductors.