Morgan Stanley picks global stocks to ride the Nvidia boom — and gives 4 more than 50% upside

Investor darling Nvidia is dominating headlines once again after its earnings last week surpassed expectations on the back of the artificial intelligence boom. The chipmaker's shares crossed $1,000 for the first time last Wednesday and are up around 170% over the past year. Morgan Stanley notes that the reaction to Nvidia's first quarter results is "very telling on how much buying power still exists in the market." "We are far from topping out on AI.

Here are seven of Morgan Stanley's overweight-rated stocks to play these AI themes: Overweight-rated stocks Among Morgan Stanley's list of AI stock opportunities are South Korean tech giant SK Hynix and Taiwanese chipmaker Taiwan Semiconductor Manufacturing Company . Both companies have made headlines in the past year and analysts are largely bullish on their prospects.

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