Bank of America Just Dropped These 3 Chip Stocks From Its Favorite Picks Nauman Khan Tue, November 10, 2026 at 10:18 AM EST 1 min read BAC +0.01% MU -2.08% NVDA -5.15% LRCX +0.80% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Bank of America has taken three prominent semiconductor stocks off its US 1 list, changing its selection of preferred U.S. equities without lowering its ratings on the companies. Micron Technology (NASDAQ:MU), Nvidia (NASDAQ:NVDA) and Lam Research (NASDAQ:LRCX) were dropped from the portfolio on Tuesday.
The investment bank did not disclose what prompted the decision. However, all three companies retain Buy ratings from the firm, indicating that their removal from the preferred-stock list was not accompanied by a change in its formal rating.
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The move separates Bank of America's highest-conviction selections from its broader coverage recommendations. The US 1 list represents the firm's favored stock ideas, while a Buy rating reflects its view on an individual company's investment prospects.
For investors following the semiconductor sector, the distinction is worth noting. Micron, Nvidia and Lam Research remain rated positively by the bank, although they no longer feature among its US 1 selections. No further details about the changes or the firm's reasoning were provided in the available report.
