Nvidia Is 'On A March To $5 Trillion' Market Capitalization, Says Dan Ives

Wedbush analyst Daniel Ives forecasted Nvidia’s market cap to hit $5 trillion, according to Benzinga. The analyst cited strong AI momentum and a U.S. green light for H20 chip exports to China that could add $30 to $40 billion in annual revenue. Speaking on the “Mottek On Money” podcast, Ives called the decision a “watershed moment” and said Nvidia could become the world’s most valuable company. He projected a tech rally through year-end, with the Nasdaq potentially reaching 25,000, driven by AI’s shift to the consumer phase and favorable U.S. policy under President Trump. Ives dismissed China’s AI push as dependent on Nvidia GPUs and predicted a strong second half for Bitcoin and Ethereum.