Morgan Stanley Analysts Predict Strong Performance for Nvidia in Q4

Morgan Stanley analysts, led by Joseph Moore, anticipate a robust fourth-quarter performance for Nvidia. According to BlockBeats, the analysts express confidence in Nvidia's annual results, noting that the company's previous quarter showed significant strength. They expect revenue to increase by $3 billion, with a sequential growth of $10 billion. The analysts highlighted that Nvidia's revenue last quarter exceeded expectations by nearly $3 billion, with a projected sequential growth of $8 billion. This suggests that growth has not slowed. Moore believes that the revenue forecast of $64 billion has the potential to rise by $2 billion or more, adding that the consensus expectation of $72 billion in revenue appears stable.