Dan Ives: A.I. Market Could Be Worth $800 Billion …

2023/5/27

Dan Ives: A.I. Market Could Be Worth $800 Billion & Tesla (TSLA) Growth

“We still see 10%-15% upside” for the tech sector, says Dan Ives. He thinks tech has been a safety sector, and now the A.I. revolution will push the sector further. He thinks A.I. could be an $800 billion market. He sees Nvidia (NVDA) as the core heart and lungs of the A.I. revolution, but sees PLTR, AI, TSLA, AMD, SOUN, NICE, MSFT, and GOOGL as other beneficiaries. He also talks about how Tesla (TSLA) agrees to let Ford Motor Co. (F) vehicle owners use its extensive U.S. supercharger network. He notes that TSLA’s blueprint is there for future growth and strategic steps forward with next-gen units providing large cost efficiencies. He mentions that TSLA’s battery costs are the biggest focus looking forward. Finally, he previews expectations for Salesforce (CRM) earnings and key factors to watch for Palo Alto Networks (PANW). Tune in to find out more about the stock market today.

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