NVDA, AMD and INTC Forecasts – Microchips Look Rips for Pullback

The analyst warns that the recent sharp rally in semiconductor names is vulnerable to a short-term pullback. NVIDIA (NVDA.OQ) is expected to give back some gains amid broader risk-off pressures, though any dip is likely to attract quick buying given its AI exposure. AMD (AMD.OQ) could retrace toward the $400 gap-top or as low as $370, while Intel (INTC.OQ) shows topping signals with a potential move toward the $100 area as a value entry. Overall the piece frames the pullback as healthy — not a structural bearish thesis — recommending patience to pick up shares at better prices rather than chasing the rally.