AI Revolution Still in Early Innings, Ives Says—CNBC Interview (XT:NASDAQ)

AI revolution still in early innings, Ives says—CNBC interview (XT:NASDAQ)

Wedbush’s Dan Ives says only 10–15% of AI potential is realized, with $4T spending ahead—see what it means for Snowflake, Palantir & IPOs.

Wedbush's Dan Ives: AI Revolution Is Only in Third Inning. Here's Why Nvidia and U.S. Chip Stocks Have Years of Upside Left.

The post Wedbush’s Dan Ives: AI Revolution Is Only in Third Inning. Here’s Why Nvidia and U.S. Chip Stocks Have Years of Upside Left. appeared first on 24/7 Wall St.. Wedbush’s Dan Ives went on The Pomp Podcast with Anthony Pompliano and laid out a thesis that should reframe how you think about every AI position in your portfolio. His line: “This is 3rd inning, 1 out in a 9-inning game.” If you accept that framing, the implication for chip stock…

Wedbush's Ives: We're still less than 10-15% through the AI revolution

Companies will continue to spend on AI infrastructure for the next few years as they can not stand on the sidelines, according to Dan Ives, Managing Director at Wedbush Securities, who compares the current environment to 1996, not 1999.