This is a tech bull market that can go another two years, says Wedbush's Dan Ives

Core Viewpoint - The discussion emphasizes the ongoing AI revolution and its implications for investment opportunities, asserting that the current market is not in a bubble but rather in a tech bull market expected to last for another two years [1][9][12]. Company Insights - Dell reported strong earnings of $2.59 per share, exceeding expectations, while revenues were slightly below expectations at $27.01 billion [4][5]. - The infrastructure solutions group within Dell outperformed estimates, while the client solutions group underperformed [5]. - Dell raised its full-year revenue guidance to between $111.2 billion and $112.2 billion, significantly above Wall Street estimates [6]. - The company also increased its AI shipment guidance to approximately $25 billion, up from a previous target of $20 billion [7]. Industry Trends - Microsoft is highlighted as a leading player in the hyperscaler market, with significant enterprise demand and accelerated deals in Azure [2][3]. - The AI sector is seen as a major driver for companies like Alphabet and Nvidia, with expectations of substantial growth and investment opportunities [9][12]. - The U.S. is currently positioned ahead of China in technology, particularly in AI, which is supported by government initiatives [12].