NVIDIA Corporation (NASDAQ:NVDA) has solidified its standing as a leading blue-chip stock for long-term investment. On March 3, Akamai Technologies (NASDAQ:AKAM) announced the acquisition of thousands of NVIDIA Blackwell GPUs, aimed at enhancing its distributed cloud infrastructure for artificial intelligence (AI) inference workloads. The $14.2 billion cybersecurity and cloud computing firm, which has seen its stock rise 26% over the past six months, stated that this deployment will facilitate AI research, fine-tuning, and post-training optimization globally while mitigating latency and data-transfer issues.
Akamai highlighted its focus on addressing the unique demands of the inference era, while major hyperscalers are concentrated on AI training. The company launched its Akamai Inference Cloud in October 2025 and continues to expand GPU capacity in response to robust demand. Akamai serves enterprises worldwide with its cybersecurity and cloud services.
On March 2, Morgan Stanley analyst Joseph Moore reiterated an Overweight rating on NVIDIA Corporation, assigning a price target of $260. Moore also reinstated NVIDIA as Morgan Stanley’s top pick in the semiconductor space, displacing Micron Technology. This shift marks a notable change from September 2025, when Morgan Stanley rotated away from NVIDIA, first opting for SanDisk and then for Micron in November, based on the belief that AI tailwinds would yield stronger earnings for memory stocks.
Explaining the firm’s renewed interest in NVIDIA, Moore referred to the company’s current trading level as a “surprisingly good entry point.” He noted that NVIDIA currently trades at approximately 18 times projected 2027 earnings, a multiple that Morgan Stanley finds compelling, given NVIDIA’s dominant position in AI chips and data center hardware.
NVIDIA Corporation designs and develops graphics processing units and accelerated computing platforms. Its major products include GeForce GPUs for gaming, NVIDIA RTX for professional visualization, and advanced data center solutions like NVIDIA A100 and H100, tailored for artificial intelligence and high-performance computing.
While NVIDIA is seen as a strong investment, there are suggestions that certain other AI stocks may offer greater upside potential and carry less downside risk. Investors are encouraged to consider exploring undervalued AI stocks that could benefit significantly from the ongoing trends around tariffs and onshoring, as highlighted in a recent report detailing the best short-term AI stocks.
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