Morgan Stanley Says Chip Sales Weakened in November. What Does That Mean for Nvidia Stock?

Semiconductor stocks have been among the most closely watched groups as the market has entered 2026, and a note from Morgan Stanley briefly raised concerns. Citing data from the Semiconductor Industry Association (SIA), Morgan Stanley said that while the growth in worldwide chip sales in November came in weaker than expected on a month-over-month basis, overall trends are improving. Reportedly, sales in November grew 7.1% month-over-month, below Morgan Stanley’s forecast of 10.4% growth. However, growth ...