Morgan Stanley sets Nvidia target at $300 after AWS deal for 2 million GPUs in 2027–2028
AI Market Summary
Nvidia expanded its AWS partnership to deploy ~2 million GPUs in 2027–2028 and increased buyback authorization by $150B, lifting remaining capacity to $235B. Morgan Stanley reiterated NVDA as a top semiconductor pick, citing AI infrastructure buildout, broader platform attach (Vera CPUs, networking), and financing flexibility. The note also argues 72%–73% gross margin is a plausible floor into FY2028, easing profitability concerns.
Impact level
● Medium
Affected assets
NCSKNVDA2USD/USDT+1.39%
AI Insight · NCSKNVDA2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Nvidia recently expanded its partnership with Amazon Web Services, with the companies planning to deploy another 2 million Nvidia GPUs across AWS infrastructure during 2027 and 2028. The company also expanded its share repurchase authorization by $150 billion, lifting its remaining buyback capacity to $235 billion. Morgan Stanley analyst Joseph Moore set a $300 price target, implying about 28% upside from current levels, and said gross margins around 72% to 73% could provide a floor for fiscal 2028.
