Morgan Stanley: Nvidia's Q4 performance expected to be strong, AI-driven growth shows no signs of slowing down

BlockBeats News, February 25, Morgan Stanley analyst Joseph Moore and his team expect Nvidia's fourth-quarter performance to be strong and are confident in the company's full-year results. The analysts stated that Nvidia's performance last quarter was very strong, with revenue expected to increase by $3 billion, a quarter-on-quarter increase of $10 billion.

The analysts said that the company's revenue last quarter exceeded expectations by nearly $3 billion, and they expect a quarter-on-quarter increase of $8 billion. Therefore, it appears that growth has not slowed down.

Therefore, he believes that the revenue forecast of $64 billion still has an upside potential of $2 billion or more, adding that the consensus forecast of $72 billion in revenue is relatively solid.