Morgan Stanley said Nvidia stock is its top pick heading into 2025, and success of Blackwell should dispel investors' lingering concerns.

Investment bank Morgan Stanley on Friday issued a bullish report on artificial intelligence chipmakers, calling Nvidia stock a top pick for 2025.

While we don’t expect ASICs [application specific integrated circuit] to gain share in 2025, we have enthusiasm longer-term,” he wrote. The analyst says Broadcom has strong

With CEO Jensen Huang coming to give a keynote presentation, Nvidia's attendance at the Consumer Electronics Show in January is likely to support its position. Analysts believe that Nvidia will highlight the great demand for Blackwell GPUs using the event to show how these products would influence the market leadership of the firm.