Goldman Sachs has raised its price targets on several semiconductor and technology names, according to a July 6 update cited by TechFlow and Jin10. AMD (AMD.O) saw its target increased from $450 to $640. SanDisk (SNDK.O) received the largest upward revision, with its target raised from $1,200 to $2,200. Qualcomm (QCOM.O) also had its target lifted, from $145 to $180. The report only disclosed the revised target prices and did not include additional details on the bank’s rationale, rating changes, or valuation framework. The move highlights a fresh adjustment in Goldman Sachs’ expectations for select chip and tech-related stocks.
Goldman Sachs lifts targets on chip and tech names
On July 6, TechFlow, citing Jin10, reported that Goldman Sachs raised its price targets on several semiconductor and technology stocks. AMD (AMD.O) was lifted from $450 to $640, SanDisk (SNDK.O) was raised from $1,200 to $2,200, and Qualcomm (QCOM.O) saw its target increased from $145 to $180.
The revisions covered major names tied to semiconductors and technology hardware. Among the companies mentioned, SanDisk recorded the largest target-price increase, with the new figure reaching $2,200. The source report did not disclose Goldman Sachs’ detailed reasoning for the revisions, nor did it provide information on any related rating changes or broader valuation assumptions.
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