[Morgan Stanley Reaffirms Broadcom's 'Overweight' Rating, Defines It as the 'Core AI Winner' Second Only to NVIDIA] According to a report by Jinse Finance, on July 15, Morgan Stanley released its latest research report on Tuesday, reiterating its 'Overweight' rating for Broadcom and maintaining a target price of $502. The report explicitly defines Broadcom as the 'core AI winner' second only to NVIDIA. The institution believes that market concerns over MediaTek significantly eroding Broadcom's share in Google's TPU business have been greatly exaggerated.