How Nvidia’s Blackwell Launch Could Lift Micron and Monolithic Power Systems

As bullish calls turn for Nvidia (NVDA) banal on strong request for its upcoming Blackwell system, KeyBanc analysts highlighted really Nvidia's gains could besides boost shares of its partners specified arsenic Micron Technology (MU) and Monolithic Power Systems (MPWR).

KeyBanc analysts lifted their value targets for some of nan Nvidia partners successful a statement Tuesday, citing anticipated benefits from Blackwell's launch.

Micron Poised To Gain arsenic Nvidia Memory Partner

Micron provides Nvidia pinch representation solutions for its artificial intelligence (AI) chips, pinch nan company's precocious bandwidth representation (HBM) chips used in Nvidia’s graphic processing units (GPUs).

KeyBanc analysts highlighted nan "positive implications" for Micron arsenic Samsung has struggled to get its HBM chips certified for usage successful Nvidia GPUs.

They said Samsung is "unlikely to person worldly stock connected Blackwell," which KeyBanc said "will support MU gaining outsized share" connected representation chips utilized successful AI GPUs.

KeyBanc lifted its value target for Micron to $165 from $160. Micron shares closed 0.3% higher astatine $131.14 Tuesday, contributing to nan stock's astir 54% summation this year.

Monolithic Power Systems To Benefit From Nvidia Ties

Monolithic Power Systems is simply a Nvidia partner providing powerfulness guidance solutions for its GPUs.

The analysts said they "expect MPWR to support 80%+ stock connected NVDA Hopper/Blackwell platforms successful power," highlighting that Blackwell has accrued powerfulness requirements compared to its predecessor, Hopper.

KeyBanc analysts raised their Monolithic Power Systems value target to $975 from $850. Monolithic Power Systems shares mislaid astir 0.7% Tuesday to decorativeness astatine $846.20, though they've gained astir 34% since nan commencement of nan year.