Vontobel expects this stock to rise 35%, while Jefferies is even more bullish and says it's set to soar 75%.
Swiss company VAT Group is poised to benefit significantly from the growth in artificial intelligence, according to analysts at a number of investment banks. Investment firm Vontobel highlighted the company as a key player in the AI chips supply chain. The stock is listed in Switzerland and also trades in the U.S . Vontobel's analyst said that AI could be "the biggest technology shift of our lifetimes," with the global semiconductor industry projected to reach $1 trillion by 2030.
N-CH 1Y line Vontobel is not alone in its bullish stance on VAT. Investment bank Jefferies' Olivia Honychurch has a price target of 700 Swiss francs on the stock, indicating an upside of 75%. UBS also notes potential risks associated with ongoing AI-trade tensions between the United States and China, which could impact up to 10% of global semiconductor equipment capital expenditure. FactSet estimates that 25% of the sector's total revenue is derived from China, while U.S.
Inficon Holding AG China VAT Group AG Inficon Holding AG Lam Research Corp Jefferies Financial Group Inc Switzerland Business News
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