Wedbush Analyst Dan Ives Highlights 10 Essential AI Stocks Amid Low Global Adoption Rates
Wedbush analyst Dan Ives contends that AI stocks are far from bubble territory, citing mere 3% adoption among U.S. enterprises and under 1% globally. His latest report identifies Nvidia, Microsoft, Palantir, and AMD as Core holdings in what he calls the "AI infrastructure backbone."
The analysis draws a sharp contrast with dot-com era speculation, noting today's AI leaders generate tangible revenue through hardware and enterprise solutions. Projections suggest AI-related capital expenditures could surge to $600 billion by 2026 as implementation accelerates across industries.
Notable omissions from Ives' top 10—including Amazon and IBM—highlight the selective nature of what he considers truly structural AI plays. Microsoft emerges as the prime beneficiary of corporate AI adoption, while Palantir secures its niche in government and institutional deployments.
