Dan Ives Says It Is 'Nvidia's World' And 'Everyone Else Is Paying Rent:' Predicts Massive Tech Rally Into 2026 - NVIDIA (NASDAQ:NVDA)

Core Viewpoint - The technology sector, particularly Nvidia Corp., is experiencing a significant AI-driven growth, with Nvidia being positioned as the dominant player in this space, according to Dan Ives from Wedbush Securities [1][2]. Group 1: Nvidia's Market Position - Nvidia's inventory is reportedly sold out through 2026, indicating strong demand and a supply-demand imbalance of 12-to-1 for its chips [2][3]. - Ives asserts that doubting Nvidia's dominance is a mistake, despite competition from companies like AMD and Google's TPU program [3]. Group 2: Market Outlook - Ives predicts that the current tech bull market will continue into 2026, with a "risk-on" market environment, dismissing concerns about the Federal Reserve's rate path [4]. - He metaphorically describes the ongoing AI cycle as a party that started at 9 p.m. and will last until 4 a.m., suggesting significant growth potential ahead [4]. Group 3: Investment Opportunities - Beyond Nvidia, Ives identifies other strong investment opportunities, including Palantir Technologies, which he believes could reach a $1 trillion market cap in two to three years, along with Microsoft, Oracle, and CrowdStrike as core holdings [5]. - On the consumer front, Tesla is highlighted with a projected $800 bull case, driven by its autonomous driving business valuation [6]. Group 4: Consumer AI Revolution - Ives forecasts a consumer AI revolution led by Apple, predicting an iPhone 17 supercycle that will ensure CEO Tim Cook's leadership for years [7]. Group 5: Nvidia's Stock Performance - Nvidia shares have increased by 30.33% year-to-date, outperforming the Nasdaq 100 index, which has returned 20.32% in the same period [8].