Wedbush: Predicts the NASDAQ will challenge the 30k-point mark in the next year and recommends investing in the entire AI industry chain

Golden Finance reports that on May 12th, Wedbush analyst Dan Ives predicts that as tech company earnings surpass expectations and boost confidence in the AI sector, the Nasdaq Composite Index will challenge the 30,000-point mark in the coming year. He emphasizes that the current chip supply and demand gap is up to ten times, the AI revolution is still in its early stages, and he expects this bull market to continue for two more years. Ives recommends investors should diversify across the entire AI industry chain, including major cloud giants, chips, software, cybersecurity, and power sectors, rather than betting on a single sector. He specifically mentions memory giants like SK Hynix, stating that the industry is in a super cycle. (Dongxin News)

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