Nvidia, Micron among 10 stocks initiated with bullish views at BMO Capital - Seeking Alpha

On August 21, 2026, BMO Capital began coverage of 12 semiconductor and quantum computing stocks, including NVIDIA, Micron Technology, and D-Wave Quantum. Among them, 10 stocks were initiated with an '... Read original →

BMO Capital’s initiation of coverage on 12 semiconductor and quantum computing stocks signals growing investor confidence in the tech-driven semiconductor cycle, especially amid AI, data center, and storage advancements. NVIDIA and Micron’s leadership in GPU and memory technologies will amplify upstream supply chain dynamics, influencing equipment and materials vendors. Geopolitical risks, particularly in the context of U.S. export controls and Taiwan, China’s strategic position, are pushing companies to diversify supply chains and enhance resilience. Competitors like AMD and SK Hynix may accelerate R&D and capital deployment to counter market consolidation. Over the next 12–24 months, the expansion of 5G, IoT, and autonomous driving will drive sustained capital inflows, with technology innovation and production capacity becoming key growth levers.