Citi analyst Christopher Danely views Nvidia’s (NVDA) keynote at GTC as good for Micron (MU), no impact to Broadcom (AVGO), and slightly negative for AMD (AMD) and Intel (INTC). It appears high bandwidth memory DRAM content is increasing 50% for Nvidia’s new graphics processing unit, which is good for Micron, the analyst tells investors in a research note. The firm believes investors were concerned about Nvidia’s announcement of co-packaged optics to Broadcom. It views Nvidia’s CPO announcement as having no impact to Broadcom, noting Broadcom has been shipping CPO for a year now. Citi also thinks more of the data center pie will shift to Nvidia, which is mildly negative for Intel and AMD.
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