Reported 9 days ago
According to Wedbush analyst Dan Ives, Apple, Microsoft, and Nvidia may become the first companies to achieve a $4 trillion market cap by 2025, driven by advancements in artificial intelligence. Apple's recent iPhone 16 launch and the demand for generative AI tools, alongside Microsoft's strong AI strategy and Nvidia's dominance in the AI chip market, are key growth factors. Ives suggests that despite their current high valuations, these stocks remain reasonably priced given the immense opportunities presented by the AI revolution.
Source: YAHOO