Reported 2 days ago
Morgan Stanley has projected a 23% upside for Nvidia's stock, driven by strong expectations for the upcoming Blackwell chip, which is expected to dominate the narrative for the company in 2025. Despite some investor concerns regarding production slowdowns and competition, the bank maintains a positive outlook, forecasting significant revenue growth as demand for Blackwell ramps up. With Nvidia positioned as the bank's top pick, analysts believe that any near-term anxieties will be alleviated once the chip's success is realized.
Source: YAHOO