Morgan Stanley: NVIDIA Q4 Performance Expected to Be Strong as AI Boom Continues

Strong Performance Forecast

Morgan Stanley analyst Joseph Moore and his team predict strong Q4 performance for NVIDIA and are optimistic about its full-year outlook.

Revenue Growth

Analysts noted that NVIDIA's previous quarter revenue exceeded expectations by nearly $3 billion, with an expected sequential growth of $8 billion.

Future Outlook

Morgan Stanley believes the $64 billion revenue estimate could have an upside of $2 billion or more, making a $72 billion revenue consensus fairly solid.