Morgan Stanley raises Nvidia price target, cites ‘exceptional’ AI strength

TL;DR


Summary:
- Nvidia, a leading technology company, has seen exceptional growth in its artificial intelligence (AI) capabilities, according to a report from Morgan Stanley.
- The report highlights Nvidia's strong position in the AI market, with its powerful graphics processing units (GPUs) being widely used in AI applications such as machine learning and deep learning.
- The increased demand for Nvidia's AI-focused products has led Morgan Stanley to raise its price target for the company, indicating that Nvidia's stock is expected to continue performing well in the future.

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