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Namrata Sen

Nvidia, Microsoft On Track To Achieve $4 Trillion Market Cap, Says Analyst Dan Ives: 'Tech Bull Market Is Still Early'

Dan Ives Nvidia Microsoft Microsoft Corporation NVDA Wedbush Securities Artificial Intelligence

Stock,Market,Graph,Analysis,Concept.,Broker,Planning,Strategy,For,Investment

Nvidia Corporation (NASDAQ:NVDA) and Microsoft Corporation (NASDAQ:MSFT) are poised to become the first companies to reach a $4 trillion market cap, driven by the burgeoning demand for artificial intelligence (AI), predicts Dan Ives, the global head of technology research at Wedbush Securities.

What Happened: Ives credits the impressive comeback of these two tech giants to ongoing innovation in AI and their significant investments in AI infrastructure. He predicts that Nvidia and Microsoft will reach a $4 trillion market cap this summer, with attention soon turning toward the $5 trillion mark within the next 18 months, reported CNBC.

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