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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 77%
  • Publisher: 72%

NVIDIA Corp Nyheter

SK Hynix Inc,SK Hynix Inc,Taiwan Semiconductor Manufacturing Co Ltd

Morgan Stanley analysts say we are 'far from topping out on AI,' which is set to create investment opportunities.

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

These stocks will benefit from Nvidia's new AI superchip GB200: Morgan StanleyThese stocks will benefit from Nvidia's new AI superchip GB200: Morgan Stanley
Källa: Investingcom - 🏆 450. / 53 Läs mer »