3 Hyperscaler Stocks to Buy Before It’s Too Late

According to Wedbush Securities senior analyst Dan Ives, the “AI party” is far from over. It is “the biggest tech transformation in over 40 years,” and the current surge in generative artificial intelligence has triggered a global race among leading firms to build out and deploy new technology.

Hyperscalers are expected to be the biggest beneficiaries since cloud growth is yet to see a slowdown. Since 2022, many on the Street have been talking about a significant slowdown in cloud businesses, and not only has such a slowdown failed to materialize, but cloud computing is only accelerating. The record AI-focused capex that companies have planned for this year could push hyperscalers even higher.