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Wedbush analyst Dan Ives, a seasoned tech expert, has been quite vocal about his optimism around artificial intelligence (AI). While his liking for Nvidia (NVDA) is well known, it is not the only AI bet that Ives is bullish about. Microsoft (MSFT), the Windows maker, is also one of his preferred mega-cap tech stocks.
In fact, in a recent note to his clients, Ives stated that, “We believe both Nvidia and Microsoft will hit the $4 trillion market cap club this summer and then over the next 18 months the focus will be on the $5 trillion club, as this tech bull market is still early being led by the AI Revolution.”