$Morgan Stanley (MS.US)$ raises $NVIDIA (NVDA.US)$ target to...

$Morgan Stanley(MS.US)$ raises $NVIDIA(NVDA.US)$ target to US$1000 from $795, keeps Overweight rating.

- large corporations planning to expand their data centres over the next 3-4 years, signalling enduring demand
- the market is still too focused on the use of chips for large language models, to the detriment of other AI applications