Reported about 1 year ago
Morgan Stanley analysts have increased Nvidia's price target from $116 to $144 per share, citing the chipmaker's strong presence in the AI sector. The analysts mention the competitive landscape among major chip companies and the potential risks facing Nvidia, such as cyclical AI chip purchasing and geopolitical volatility in the South China Sea. Despite the positive outlook, these factors could impact Nvidia's growth in the future.
Source: YAHOO