AI IPO boom and chip demand could lift Nasdaq to 30K, Ives says—CNBC interview (XLK:NYSEARCA)


Artificial intelligence circuit board 5

Jonathan Kitchen

Wedbush analyst Dan Ives predicts the Nasdaq will reach 30,000 within the next six to nine months, driven by big tech and the expanding AI chip sector.

Ives made the bold forecast following Cerebras’s blockbuster IPO, which saw gains exceeding $4 billion—the



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