Bank of America, Wells Fargo, Morgan Stanley, and Mizuho are collectively bullish; HP, Broadcom, Marvell, Dell, and SanDisk are all raising prices across the board—are chip stocks about to collectively break their previous highs?

On May 28th, multiple international investment banks released research reports intensively, raising target prices for tech giants: Bank of America Global raised Hewlett-Packard to $18, Broadcom to $600; Wells Fargo raised Mavenir Technologies to $240; Mizuho made the largest upward adjustment, raising ARM to $360, Micron to $1,150, Dell to $350, and SanDisk to $1,825; Morgan Stanley also raised Mavenir Technologies to $195.