AI Revolution Could Send Nasdaq Soaring, Says Market Expert
19.06.2025 14:00 1 min. read Alexander Stefanov
Tech shares still have plenty of room to run, argues Wedbush Securities research chief Dan Ives.
Speaking with CNBC, the longtime sector analyst said investors who fixate on price-to-earnings multiples risk missing the next wave of value creation as artificial intelligence moves from pilot projects to mass deployment.
Ives expects advances in autonomous systems and robotics to kick-start a multiyear revenue boom, pushing the Nasdaq Composite toward 20,000—and potentially 25,000—within five years.
He likened today’s setup to earlier periods when market leaders looked pricey just before exponential growth arrived.
Short-term geopolitical shocks, he added, are “windows to buy great names at a discount,” a strategy that has guided his two-decade track record covering Silicon Valley.
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