Lates News

Morgan Stanley has reinstated Nvidia as its top semiconductor pick, citing Nvidia's strong market position and attractive valuation. Currently, Nvidia's stock price corresponds to a price-to-earnings ratio of about 15 times Morgan Stanley's earnings forecast for its fiscal 2028, while market expectations for its earnings continue to be revised upward. Morgan Stanley said the bottleneck in the AI industry is shifting from chip supply to data center construction and financing; at the same time, Nvidia has a broad global customer base, enabling it to flexibly expand its business according to available power capacity.