In the rapidly expanding world of artificial intelligence (AI), analysts feel Nvidia Corporation is poised to reap significant benefits, reports Barron’s. According to Mizuho Securities analyst NAME_1, the surge in A.I. applications is expected to drive up the demand for semiconductors, with Nvidia leading the pack. NAME_2 increased his projected stock price target for Nvidia to $530, up from the previous $400, and maintained a ‘Buy’ rating for the stock. This valuation would value the company at approximately 49 times its projected earnings. Long-Term Optimism for Intel and AMD: While Nvidia is likely to be the primary beneficiary in the short term, NAME_2 also expressed optimism for Intel Corporation and Advanced Micro Devices, Inc. in the longer term. \\\"We believe AMD is well-positioned as a competitor to NVDA with a lower-priced GPU [graphics-processing unit], but we see it struggling to take much incremental share near-term due to NVDA's technology advantage and first-to-market position,\\\" NAME_2 wrote, reiterating a ‘Buy’ rating for AMD. He has set the target price at $140. Additionally, NAME_2 raised his target price for Intel to $33, up from the previous $30, and assigned a ‘Neutral’ rating. He pointed out that Intel is likely to benefit from increased valuations across the semiconductor sector and expects additional revenue from AI-related activities. Additionally, NAME_2 raised his target price for Intel to $33, up from the previous $30, and assigned a ‘Neutral’ rating. He pointed out that Intel is likely to benefit from increased valuations across the semiconductor sector and expects additional revenue from AI-related activities. Write exactly 4 paragraphs each separated with two new lines answering this question. The first paragraph must start with "sources".
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