Morgan Stanley: Expects NVIDIA Q4 Earnings to Be Strong, Growth Fueled by AI Boom Showing No Signs of Slowing

BlockBeats News, February 25th, 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 performance. The analysts stated that NVIDIA's performance in the last quarter was very strong, with revenue expected to increase by $3 billion, a quarter-on-quarter increase of $10 billion.

The analysts stated that the company's revenue in the last quarter exceeded expectations by nearly $3 billion and is expected to increase by $8 billion quarter-on-quarter. Therefore, it appears that the growth has not slowed down.

Therefore, he believes that the $64 billion revenue expectation still has upward potential of $2 billion or more, and added that the $72 billion revenue consensus expectation is relatively conservative.