Craig-Hallum and Roth Capital raised price targets on Silicon Motion Technology Corporation (NASDAQ: SIMO) to $160 and $140, respectively, citing market share gains and strong revenue growth. The company develops NAND flash controllers for solid-state storage devices and serves global consumer and enterprise markets. While SIMO shows promise, other AI stocks may offer greater potential.

Read more at Yahoo Finance: Craig-Hallum Raises Silicon Motion (SIMO) Price Target to $160, Keeps Buy