(This is CNBC Pro’s live coverage of Wednesday’s analyst calls and Wall Street chatter. Refresh every 20-30 minutes to see the latest posts.) Wednesday’s analyst chatter featured Nvidia and another possible way to take advantage of the AI craze. Several analysts increased their price targets on Nvidia after the company’s GTC conference, where the chipmaker unveiled a new graphics processing unit. Elsewhere, Barclays reinstated coverage of Broadcom, highlighting that the stock could be an alternative to artificial intelligence. Check out the latest calls and chats below. All times ET. 5:55am: Analysts Think Nvidia Still a Buy After GTC Conference Several analysts remain bullish on Nvidia after the chipmaker’s AI darling’s GTC conference this week, during which CEO Jensen Huang gave a speech two-hour keynote presentation on Nvidia’s growing lineup of software and hardware products. Here’s what some of them have to say: Oppenheimer analyst Rick Schafer raised his price target on the stock to $1,100, implying an upside of 23%. “Nvidia has transformed itself from a graphics company to a leading AI computing platform company. GPUs were initially used for graphics in video games and movies. Given its parallel processing capabilities and thousands of computing cores, GPUs are now optimized for deep learning AI algorithms in Data Centers.” Piper Sandler increased its price target from $850 to $1,050, noting: “We view the new architecture as an expansion of NVDA’s already dominant market positioning of hardware offerings. We believe NVDA is the leading company in offering the entire hardware and software stack to address the decade-long transition to accelerated computing and generative artificial intelligence.” The new price target implies a 17.5% upside. Bank of America reiterated its buy rating and the its price target of $1,100, naming Nvidia a “top computing pick” after the conference. Blackwell’s price should allow Nvidia to sustain gross margins in the mid-70s, and adoption of the new chips could be among the fastest in the company’s history given their convenience to various customer bases, analyst Vivek Arya said. Nvidia shares closed at $893.98 on Tuesday. The stock, which rose 80.5% on on a yearly basis, it was trading 0.2% lower in pre-market trading. — Pia Singh 5.55am: Broadcom is betting big on ‘second wave AI,’ says Barclays Looking for another way to capitalize on the AI craze? Barclays believes investors should look no further than Broadcom. The bank reinstated coverage of the semiconductor stock with an overweight rating. Its $1,405 price target implies an upside of nearly 14%. “The company joins our favorite names this year as another way to play the second wave of AI through a portfolio of world-class data center silicon,” wrote analyst Tom O’Malley. “In the near term, AI is all that matters and silicon/custom switching businesses are driving a significant portion of near-term growth (we expect mid to high 20% range next year and accelerating long term).” “Outside of AI, the company is seeing many of the same cyclical downturns as Semi competitors, but a growing software business helps boost profitability and [free cash flow] generation,” he said. Broadcom shares are up 10% year to date, trailing Nvidia, which is up 80%. That said, Broadcom is outperforming the S&P 500’s 8.6% gain. AVGO YTD mountain AVGO year to date – Fred Imbert