2019-04-03: UPDATE: Nomura Initiates NVIDIA With Neutral, $147 Target As Firm Believes Co's Current Valuation Factors In Co's 'impressive history of developing new markets for its products, and the computing accelerator and automotive' Market Opportunities. Nomura Initiates Coverage On Semi Stocks, Picks AMD And Intel As Winners. Shares of several semiconductor companies are trading higher after a report stating AMD sales will increase "sharply" in the second half of 2019 given a ramp up in CPU and GPU shipments for notebooks, motherboards, and servers.. Benzinga's Top Upgrades, Downgrades For April 3, 2019. Nomura Initiates Coverage On NVIDIA with Neutral Rating, Announces $147 Price Target