Blackwell series GPU is about to be launched. Morgan Stanley reiterates its "overweight" rating on NVIDIA
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Morgan Stanley reiterated its "overweight" rating on NVIDIA with a target price of $150, citing strong growth in production of the upcoming Blackwell series GPU. Analyst Joseph Moore stated after meeting with NVIDIA management that there have been no major changes to the product roadmap, and the future outlook is optimistic. Despite initial production delays, NVIDIA is confident in the revenue prospects for Blackwell, expecting to reach billions of dollars in the January quarter
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