Nvidia's US Stock Surges 4.3%, Reclaims $110 Mark

# Nvidia Stock Climbs for Fourth Consecutive Day as Morgan Stanley Increases 2027 Revenue Forecast Amid AI Growth Nvidia (NVDA), a leader in artificial intelligence (AI) technology, experienced a four-day rally, pushing its shares above the $110 mark once more. On October 25, Nvidia's shares closed at $111.01 on the New York Stock Exchange, marking a 4.3% increase from the previous session. This is the first time in 10 days—since October 15—that the stock crossed the $110 mark, reflecting a significant recovery of nearly 15% from its recent low of $96.91 on October 21. Throughout the day, the stock remained steady before gaining traction and even briefly surging over 5% intraday, closing near its higher levels. The rally was partly driven by easing U.S.-China trade tensions and an optimistic report from Morgan Stanley, which raised Nvidia's revenue projections for 2027 based on growing AI-related demand. # Morgan Stanley Raises Nvidia Revenue Outlook Due to AI Demand In a recent research note, Morgan Stanley boosted its 2027 revenue forecast for Nvidia, pointing to strong demand for AI inference chips and related technologies, despite broader economic uncertainties. Analyst Joseph Moore updated Nvidia's projected total revenue for 2027 from $230.9 billion to $255.5 billion, marking a significant increase. Morgan Stanley’s positive outlook is also influenced by improved U.S.-China trade relations. President Donald Trump hinted at potential tariff reductions on Chinese imports, while Beijing is reportedly reconsidering a 125% additional tariff on select U.S. goods, according to CNN. This diplomatic goodwill indicates a potentially more negotiable stance from China than publicly acknowledged. # Tech and Semiconductor Stocks Follow the Uptrend Tech-related stocks broadly gained during the session. Tesla (TSLA) jumped 9.8%, while Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Google-parent Alphabet (GOOGL), and Meta Platforms (META) recorded gains between 0.44% and 2.65%. Semiconductor stocks also benefited from the positive sentiment. Broadcom (AVGO) and TSMC (TSM) rose 4.16% and 1.45%, respectively, contributing to a 1.03% increase in the Philadelphia Semiconductor Index. This rally highlights the sector's robustness amid evolving AI and chip demands. As Nvidia continues to leverage technological advancements and positive geopolitical developments, its position as a leading AI stock is further solidified, with analysts showing strong confidence in the company’s long-term growth prospects.