🟢 AOSL Jumps 7.9% as Lake Street Initiates with Buy Rating, Citing AI Data Center Growth

Alpha and Omega Semiconductor (AOSL) is trading at $45.31 (7.9% up) today after Lake Street Capital initiated coverage with a Buy rating and a $58.00 price target.

• The firm highlighted AOSL's expanding AI data center business and reaccelerating growth, noting the March quarter marked a bottom for revenue and gross margins.
• This optimism is also fueled by broader sector momentum, including positive sentiment following Micron Technology's strong earnings report, and comes after a sharp two-day slide in the stock.