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Analyst predicts Nasdaq surge driven by AI rally and infrastructure buildout

Analyst Dan Ives predicts the Nasdaq will surge to 30,000 points within the next year, largely propelled by the ongoing AI rally and robust tech company earnings. He views the current AI revolution as being in its nascent stages, with sustained growth expected for approximately two more years. This prolonged expansion will be significantly supported by the increasing demand for memory chips and the substantial build-out of AI infrastructure. AI

IMPACT Anticipates continued AI-driven market growth and infrastructure investment over the next two years.

RANK_REASON Analyst's prediction about market performance driven by AI trends.

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Analyst predicts Nasdaq surge driven by AI rally and infrastructure buildout

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  1. Mastodon — sigmoid.social TIER_1 English(EN) · [email protected] ·

    # DanIves predicts the # Nasdaq will reach 30,000 points in the next year, driven by the # AI # rally and a strong tech earnings season. He believes the # AIrev

    # DanIves predicts the # Nasdaq will reach 30,000 points in the next year, driven by the # AI # rally and a strong tech earnings season. He believes the # AIrevolution is in its early stages and will continue for another two years, fuelled by the demand for memory chips and the b…