Ignore the AI Bubble Talk. Morgan Stanley Still Thinks Nvidia Stock Can Gain 40% from Here.

Morgan Stanley remains bullish on Nvidia (NVDA) stock despite growing concerns about an AI bubble. Analyst Joe Moore raised his price target on the chipmaker to 250from250 from 235, implying roughly 39% upside from current levels. The price hike comes as prominent investor Michael Burry intensifies his warnings that the AI investment boom mirrors the dot-com crash of the early 2000s. Burry recently launched a Substack newsletter called "Cassandra Unchained" to detail his bearish AI thesis. He argues that Nvidi ...