"AI set to fuel tech stock boom, analysts predict"
TL;DR Summary
Wedbush Securities' Dan Ives predicts that tech stocks may climb 10% to 12% in the second half of 2019, as the sector is poised for a "1995 moment" similar to the boom that followed the advent of the internet. Ives rejects the idea that the tech surge is entering a bubble reminiscent of the dot.com era collapse. The forecast comes as tech stocks have already had a big year on hype over artificial intelligence, with Nvidia and Microsoft leading the pack.
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