Morgan Stanley reaffirms nvidia as the top pick amid rising demand for chips

Nvidia Corporation (NASDAQ:NVDA) is one of AI stock investors should be noted. On July 30, Morgan Stanley repeatedly raised the stock from $170 to $200 per share.

Analysts pointed to a robust demand for Blackwell chips, which are outstripping supply. Supply constraints still remain, but bottlenecks could be easier later this year. This could possibly boost your revenue. Nvidia remains Morgan Stanley’s top semiconductor pick.

“We believe that the increased enthusiasm for AI Semis is justified by the long-term strength of the business and is raising our targets across the board. Some short-term constraints remain.

NVIDIA Corporation (NASDAQ: NVDA) specializes in AI-driven solutions, offering high-performance GPUs and a platform that powers data centers, autonomous vehicles, robotics and cloud services.

Although we acknowledge the potential of NVDA investments, we believe certain AI stocks offer greater promotion opportunities and pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.

Read next: Wall Street’s 10 Must-see AI Stocks and Ten AI stocks are making waves on Wall Street

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