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NVDA - MORGAN STANLEY MAKES NVIDIA ITS TOP SEMICONDUCTOR PICK Morgan Stanley reinstated Nvidia as its top semiconductor pick, citing strong positioning and an attractive valuation. Nvidia trades at roughly 15x Morgan Stanley’s FY2028 earnings estimate, while earnings expectations continue to rise. The bank says AI’s bottleneck is shifting from chip supply toward data-center construction and financing, while Nvidia’s broad global customer base gives it flexibility to follow available power capacity.(彭博社)