Morgan Stanley Reiterates Outperform on Nvidia, Sets $288 Price Target Amid 85% AI Chip Market Share

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Morgan Stanley analyst Joseph Moore's team released latest research reiterating an Outperform rating on Nvidia with a price target of $288 per share. The bank said Nvidia maintains an 85% market share in AI chips and credited the next-generation Vera Rubin platform as the key to sustaining the company's dominance, highlighting Nvidia's ability to deliver integrated hardware and software solutions that create significant competitive barriers.
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