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Nvidia, Others to Build $3-4 Trillion Market Caps on AI: Dan Ives

DeFi Daily News by DeFi Daily News
August 29, 2024
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Nvidia, Others to Build -4 Trillion Market Caps on AI: Dan Ives
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Dan Ives, senior equity analyst at Wedbush, says the amount of capex spending he sees for AI chips is what bolsters his bullish outlook on Nvidia despite the chipmaker’s disappointing forecast.

Sign up for the Surveillance newsletter to make sense of the markets with Lisa Abramowicz and catch the best on-air moments with her and co-hosts Tom Keene and Jonathan Ferro from Bloomberg Television’s flagship morning show. Plus, David Westin’s Wall Street Week on Saturdays. https://bloom.bg/4ebYzJg
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Tags: aiApple Inc.artificial intelligenceBuildBullishCapschipsDanDaniel IvesEarningsIvesMarketMarketsMicrosoft Corp.NvidiaNVIDIA CORPTechnologyTrillionWedbush Morgan Securities
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