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Dan Ives Forecasts $4 Trillion AI Spending Wave

MarketWatch +1 ·

CRWD Crowdstrike Holdings Inc
$265.44 -4.81%
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  1. 1Tech industry analyst Dan Ives said investors are underestimating the $4 trillion scale of the spending wave.
  2. 2Dan Ives set a $300 price target for NVIDIA, suggesting a 25% upside potential.
  3. 3A $615 price target for Microsoft represents a 16% upside from Microsoft's Tuesday close.

So what's the key point?

An expert says that $4 trillion could be spent on artificial intelligence. This means the stock prices of NVIDIA and Microsoft could rise further.

Source MarketWatch +1 · View original ↗

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