Analyst Dan Ives said in a post on X that investors are underestimating the scale and reach of what he described as a $4 trillion AI spending wave over the next several years. He also named his top five technology stock picks through 2027: NVIDIA, Microsoft, Palantir, Apple, and CrowdStrike.
Ives said demand for NVIDIA chips has moved beyond large hyperscale data centers and is now extending into sovereign AI projects and enterprise adoption. On cybersecurity, he linked growth in the sector to the rise of agentic AI. He also said security spending is likely to climb over the next three years, rising from about 5% of IT budgets to 10%.
The remarks were cited by BeInCrypto and carried by Techub News as a brief industry update.
Analyst Dan Ives said in a post on X that investors are underestimating the scale and breadth of a $4 trillion AI spending wave that he expects to unfold over the next several years.
Ives also listed his top five technology stock picks through 2027: NVIDIA, Microsoft, Palantir, Apple, and CrowdStrike.
He said demand for NVIDIA chips has expanded beyond large hyperscale data centers and is now reaching sovereign AI projects and enterprises.
On cybersecurity, Ives attributed growth in the sector to the rise of agentic AI and said security spending could rise over the next three years from about 5% of IT budgets to 10%.
The comments were cited by BeInCrypto.
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