Reported 1 day ago
Morgan Stanley met with Nvidia's management and reported that the demand for Nvidia's GPU chips continues to surge, especially with the introduction of the Blackwell chip, which is sold out for the next 12 months. The bank sees strong short- and long-term potential for Nvidia, reaffirming its 'Overweight' rating and a $150 price target, anticipating a 12% increase in stock value. Analysts highlighted the continuing investment cycle in AI as a significant driver of growth for the company.
Source: YAHOO