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In the earnings season for U.S. companies, focus is on five key areas

Morgan Stanley reports that Nvidia's Blackwell products for the next year are fully booked, indicating a bright outlook for the stock price appreciation

2024/10/11

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Nvidia, the AI chip powerhouse, has announced that the demand for its next-generation graphics processing unit (GPU) Blackwell is extremely strong, with all orders for the next 12 months fully booked. This news has led to a 1.6% increase in Nvidia's stock price, closing at $134.

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81 on the 10th, nearing an all-time high.

Morgan Stanley analyst Joe Moore reported that this week the firm hosted a series of meetings with investors for Nvidia's CEO Jensen Huang and other executives. During these meetings, the Nvidia management disclosed that due to strong demand for the Blackwell GPU, customers placing orders now would not receive their products until the end of next year at the earliest.

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