01.01.2025 14:05:00

Wall Street Analyst Dan Ives Sees Tech Stocks Jumping Another 25% in 2025. Time to Buy?

Arguably, there's been no bigger bull in the artificial-intelligence (AI) rally than Wedbush's Dan Ives.Ives has been cheerleading the AI boom since shortly after the debut of ChatGPT. In February 2023, the analyst said an AI arms race was shaping up following the launch of the generational AI chatbot.That statement has been borne out, as Nvidia has raced ahead among chip stocks, fending off recent challenges from AMD and Intel. In addition, cloud infrastructure companies such as Microsoft, Alphabet, Amazon, and Oracle are rapidly buying Nvidia components to serve the AI demands of their own customers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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