Dan Ives Sees Nasdaq At 30,000 Points, Explaining Why AI Revolution Is Not Bubble: '2-3 Years Left' In Tech Bull Market

Benzinga

Dan Ives said fears of an AI bubble are misplaced, calling the current surge the start of a “Fourth Industrial Revolution.” He expects the NASDAQ to reach 25,000–30,000 as AI leaders fuel a massive multi-year investment cycle. Some analysts warn AI spending may be propping up unprofitable segments, but Ives sees 2–3 more years of strong tech-driven growth.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tech bull Dan Ives dismiss fears of an AI-fueled tech bubble calling the current surge the start

00:07of a fourth industrial revolution. Interviewed with Anthony Pappalano, the Wedbush securities

00:11analyst said he expects the Nasdaq to climb toward $25,000 to $30,000, signing a profit

00:17wildfire driven by AI leaders like Microsoft and Palantir. Ives projected a CapEx supercycle

00:23over the next two years that will surpass a decade of prior tech investment. Thomas Shipp

00:27of LP Financial cautioned that AI-related spending may be propping up unprofitable business lines

00:33through circular financing to sustain chip demand. Ives predicted two or three more years of tech

00:38bull market driven by trillions in sideline capital and urge investors to seek growth in AI-linked

00:44sectors like cybersecurity, databases, and infrastructure. For all things money, visit

00:48Benzinga.com.

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