By Ananya Gairola
Publication Date: 2025-11-27 02:31:00
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On Tuesday, Wedbush analyst Dan Ives reiterated that the AI market is far from a bubble and still in the early stages of growth.
“This is just the start,” Ives said on CNBC’s Closing Bell Overtime, while predicting that the tech bull market would continue for another two years.
He cited the example of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), saying that it was once viewed skeptically by many investors. However, it has benefited significantly from AI developments.
“The reality is AI is a tailwing for them,” adding that they are seeing similar momentum with Broadcom, Inc. (NASDAQ:AVGO), especially across the chip sector.
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