Morgan Stanley, after meeting with Nvidia CEO Jensen Huang and CFO Colette Kress, has reinstated the stock as its top pick in the semiconductor sector. The US investment bank reiterated its "overweight" rating and maintained its $300 price target. Supporting this assessment, in addition to a robust product cycle, is the growing demand for autonomous software agent systems from specialized AI labs. Analysts also emphasize that Nvidia's customer b…
Morgan Stanley keeps Nvidia as one of his main bets within the semiconductors and considers that his valuation remains attractive despite the new maxims.