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As China bans Micron, CNBC ProMorgan Stanley identifies 2 tech stocks with “significant upside”

Morgan Stanley analyst Joseph Moore recently named two chip stocks with “significant upside” as China banned Micron sales in the country. The stocks are Nvidia and AMD. Nvidia is the largest GPU supplier in the world and AMD is the second largest x86 processor supplier. Both companies have seen strong performance in recent quarters, driven by growth in their respective gaming, cloud, AI, and machine learning businesses.