Citi has expressed increased optimism towards the semiconductor industry following stronger-than-expected sales data for August. Analog Devices (ADI, Financial) remains Citi's top pick in the sector. Additionally, the investment bank has given "buy" ratings to AMD (AMD), Broadcom (AVGO), Micron Technology (MU), Microchip Technology (MCHP), and Texas Instruments (TXN).Citi analyst Christopher Danely noted in an investor report that the 2024 semiconductor sales forecast has been revised upward from a 14% year ...