AI rally eyed Nasdaq 30,000, says Wedbush’s Dan Ives
TL;DR Summary
Wedbush’s Dan Ives argues the AI-driven rally could lift the Nasdaq to 30,000 within a year amid solid tech earnings and robust AI-related capex, with memory-chip demand and hyperscalers leading the charge; meanwhile critics warn of bubble-like dynamics and possible valuation corrections.
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