BofA's Vivek Arya says Nvidia, Micron, Broadcom trade like Cisco post dot-com burst

Bank of America's Vivek Arya told clients in a note dated Friday that Nvidia, Broadcom and Micron trade at about 13 times forward earnings on average, inside the 10-to-20 times range at which Cisco traded after the dot-com burst, as chip stocks had their worst week in months.

Detected & updated continuously · Source: Nebula