Morgan Stanley no longer considers Nvidia Corp. its No. 1 chip pick, and is now turning to a different part of the sector for its latest top endorsement. Morgan Stanley analyst Joseph Moore has elevated Western Digital Corp.’s stock WDC, +5.08% to his No. 1 recommendation, bumping Nvidia’s stock NVDA, +0.53% down to second place. While artificial intelligence is the hot theme in chips these days, Moore isn’t calling out AI so much as cheering the potential for more than 25% upside in shares of Western Digit ...