U.S. Stocks in Motion | Morgan Stanley Names Top Semiconductor Pick Amid "Power Shortage Bottleneck," Nvidia (NVDA.US) Rises Nearly 3%

Zhitong Finance APP has learned that on Monday, Nvidia (NVDA.US) opened higher and climbed further; as of press time, it was up nearly 3%, with a market capitalization of $5.23 trillion. On the news front, Morgan Stanley, in a thematic research report it published, raised its estimate of the net U.S. data center power shortfall for 2026-28 to 38GW, up from 33GW previously. At the same time, Morgan Stanley noted that amid the power shortfall, ASICs may lose share relative to GPUs, and in semiconductors it remains most bullish on Nvidia.