Morgan Stanley says the company “tends to be most enthusiastic” about NVIDIA (NVDA) The company believes it is now nearing that point, when “the short-term data points look mixed, but the fundamental dynamics are very strong.” Concerns the market is grappling with include continued build delays for previous generation Hoppers, not all versions of Blackwell’s new products being able to ship at the same time, and Marvell (MRVL) and Broadcom (AVGO) Expect strong long-term growth in application-specific integrated circuits for AI applications, analysts told investors. However, despite a number of short-term arguments, “strong demand for Blackwell will prevail,” with an overweight rating on Nvidia stock and a $166 price target. argues one analyst.
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