Morgan Stanley's customer checks indicate that the biggest anxiety for the next 12 months is the ability to procure enough NVIDIA products, especially Vera Rubin chips, suggesting strong demand. Despite market worries about an AI bubble, NVIDIA is considered a strong buy, along with META and AMZN, due to sustained customer demand and supply constraints through 2026. The market's preference for datacenter names like NBIS and IREN over NVIDIA itself is seen as noise, overlooking NVIDIA's dominant market share and robust data center revenue growth.