Posted 12/15/2023, 12:36:00 PM
Tech Rally Gains Momentum as AI Advances Spark Growth Across Sector
- Tech analyst Dan Ives says a new tech stock bull market is gaining momentum as more companies join the rally
- Ives believes artificial intelligence advancements are fueling growth opportunities across tech
- The "Magnificent Seven" mega-cap tech stocks have outperformed, but smaller tech names are now joining the party
- Ives sees AI driving over $1 trillion in tech spending over the next decade, a boon for chips and software
- Apple remains Ives' top tech pick given strong iPhone demand and rebounding services growth