Morgan Stanley replaces Micron Technology with Nvidia as the preferred choice in the semiconductor sector.

Morgan Stanley has reinstated Nvidia as its top pick in the semiconductor sector, replacing Micron Technology. Previously, the stock price of storage chip manufacturer Micron experienced a significant increase. "A common view in the market is that the pricing of storage chip stocks reflects a longer and more sustainable cycle than processor chips," analysts Joseph Moore and others wrote in a report, "But we do not fully agree with this view." Concerns in the market about the sustainability of Nvidia's growth should be replaced by optimism about its prospects for 2027 in the coming months.