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STOCKS | Nvidia Denies Product Delay at Closed-Door Roadshow, Morgan Stanley Raises Target to $288

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2026-07-13 06:34:20
Nvidia denied rumors of a product delay during a closed-door roadshow, and said Rubin Ultra is expected to ship next year.

According to PANews, the update also said that competition from ASICs will not change GPUs’ dominant position.

The report added that Nvidia’s revenue growth is accelerating. Morgan Stanley raised its price target on the stock to $288.
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