Morgan Stanley recently met with Nvidia's management team. Here are the biggest takeaways as the bank eyes another 12% upside for the stock.

Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI

• Nvidia stock is set for more gains as demand for its GPU chips surges, Morgan Stanley says.
• Nvidia's Blackwell GPU is on schedule and is sold out for the next 12 months, the company said.
• Inference computing growth boosts the long-term demand potential for Nvidia's AI GPU chips.

Nvidia stock is poised for more gains as its GPU chip business continues to see surging demand.

That's according to Morgan Stanley...