Nvidia Corp.’s (NVDA) Long-Term Revenue Opportunity Remains Intact, Per Morgan Stanley

On Thursday, December 4, Reuters reported that a radical of U.S. senators introduced a bill, known arsenic the SAFE CHIPS Act, that aims to artifact immoderate changes to rules restricting the proviso of precocious AI semiconductors from Nvidia and AMD to countries including China, Russia, Iran, and North Korea.

The Reuters study argues that the measure follows reports that the Trump medication whitethorn o.k. the imaginable proviso of Nvidia’s H200 to China. While supporting the bill, Democrat Senator Chris Coons wrote connected X:

“We’re taking enactment to support America’s AI enactment and guarantee our astir precocious chips don’t extremity up successful the hands of the CCP. That’s wherefore I’m introducing the SAFE CHIPS Act with @SenatorRicketts to fortify U.S. innovation and nationalist security.”

In different development, connected December 1, Morgan Stanley expert Joseph Moore raised his terms people connected Nvidia Corporation (NASDAQ:NVDA) from $235 to $250, portion reaffirming an Overweight rating, according to TheFly. The upward people revision reflects the analyst’s accrued assurance successful the company’s semipermanent gross trajectory tied to its Blackwell and Rubin merchandise ramps.

The expert noted that helium had antecedently taken a blimpish attack erstwhile absorption talked astir the imaginable $500 cardinal gross accidental during Nvidia Corporation’s (NASDAQ:NVDA) GTC event. He alternatively opted to hold for third-party validation alternatively than instantly set forecasts.

However, pursuing discussions with aggregate manufacture contacts crossed Asia and the U.S., the expert present believes that the end-market request signals and proviso concatenation feedback are capable to enactment a higher gross outlook. While the revised estimates stay beneath CEO Jensen Huang’s much assertive “$500 cardinal successful 5 quarters” commentary, helium believes “clearly the concern is strong.”

Nvidia Corporation (NASDAQ: NVDA) designs and manufactures graphics processing units (GPUs), system-on-a-chip (SoC) units, and AI hardware and software.