Ge Long Hui·2025-12-02 03:08Core Insights - Morgan Stanley's latest report indicates that Nvidia's market dominance is more robust than previously perceived, with customers' primary concern over the next 12 months being the inability to secure sufficient Nvidia products, particularly the Vera Rubin chip [1] - The shortage of memory chips has reached one of the most severe levels in 30 years, with a buying frenzy from cloud computing customers leading to product shortages for PC and server OEMs [1] - Morgan Stanley has raised the target prices and earnings expectations for Nvidia and Broadcom based on this research, noting that the intensity of AI is testing the limits of the entire semiconductor ecosystem, with supply constraints affecting everything from front-end wafers to back-end packaging and memory [1]