The financial news app Zhitong learned that Morgan Stanley stated on Thursday that Nvidia (NVDA.US) is preparing to launch its Blackwell series GPUs and the production growth seems to be 'quite strong'.

The firm reiterated its 'shareholding' rating on Nvidia with a target price of $150.

Analyst Joseph Moore, after meeting with Nvidia's management team including CEO Huang Renxun, stated in a report to clients that the product roadmap appears to have not undergone significant changes, all signs indicate a 'strong' business and bright future.

Moore wrote: 'We still believe that by 2025, Nvidia is likely to gain more market share in the artificial intelligence processor market, as the largest user of custom chips will see a substantial growth in Nvidia solutions next year.' 'Everything we have heard this week reinforces this point.'

Nvidia management provided supplementary explanations regarding the initial production delay of Blackwell, which caused a sensation in the summer. The first version could run, but the production was very low, and most of the issues were discovered after packaging.

As a result, the shortage of wafer chip substrates and HBM3e led to further exacerbation of the problem. However, these issues are now in the past, and Nvidia stated, 'We firmly believe that in the January quarter, Blackwell's revenue will reach billions of dollars.'

Moore wrote that the most important thing is that there is no issue with the supply of HBM3e, because Nvidia has expressed 'very confident' in qualifying Samsung as its third supplier.