Benzinga·2025-12-01 13:33Core Viewpoint - Morgan Stanley has raised price targets for Nvidia and Broadcom due to ongoing momentum in artificial intelligence (AI) [1][2][3] Nvidia - Morgan Stanley analyst Joseph Moore has set a new price target for Nvidia at $250, up from $235, which represents a 41% increase from the chipmaker's Friday closing price [2] - Nvidia continues to hold a dominant market share, with concerns about competitive threats being described as "overstated" [2] - Year-to-date, Nvidia's stock has surged by 27.96% [6] Broadcom - Moore has maintained an overweight rating for Broadcom, increasing the price target to $443 from $409, reflecting a 10% rise from Broadcom's Friday closing price [3] - Broadcom's significant exposure to AI, particularly through its tensor processing unit (TPU), is highlighted as a positive factor for growth potential [3] - Year-to-date, Broadcom's stock has surged by 73.70% [6] Industry Insights - The AI revolution is a significant driver for the tech sector, with experts predicting continued growth [5] - Dan Ives from Wedbush Securities emphasized Nvidia's dominant position in the AI space, stating "it's Nvidia's world, everyone else is paying rent" [5] - CNBC's Jim Cramer suggested that Broadcom could be a primary beneficiary of a potential deal between Alphabet and Meta, further underscoring the positive outlook for these chipmakers [6]