Dan Ives: Nasdaq may challenge 30000 points in the next year

According to Wedbush analyst Dan Ives' prediction, better than expected financial reports from technology companies will boost confidence in the AI sector, and the Nasdaq Composite Index may challenge 30000 points in the next year. He stated that the gap between chip supply and demand is as high as 10 times, and the AI revolution is still in its early stages, and he is optimistic that the bull market will continue for 2 years. Ives suggests that investors should layout the entire AI industry chain, including large cloud giants, chips, software, network security, and power tracks, and should not bet on a single sector. He specifically mentioned memory giants such as SK Hynix, stating that the industry is currently in a super cycle of prosperity.