Dan Ives Dubs AI Stock Plunge a ‘Mini Panic’—NVDA, META, CRWV in the Crosshairs
Tech stocks got sucker-punched this week—and Dan Ives isn’t buying the ‘healthy correction’ narrative.
The Bloodbath Breakdown: NVDA, META, and obscure AI play CRWV led the nosedive as algo-trading turned cautious. Ives calls it ‘knee-jerk panic’ from hedge funds playing musical chairs with liquidity.
Why It Stings: These were 2025’s golden boys—until macro fears trumped AI hype. Now traders face the oldest lesson: what goes parabolic rarely lands softly.
The Silver Lining? Volatility means opportunity. Just ask the quant funds already sniffing around oversold R&D budgets.
Funny how ‘disruption’ always seems to start with a margin call.
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In a social media post, Ives, who is a closely followed technology analyst, refers to the recent selloff in AI names as a “mini panic” and says it is not likely to last long. “We view this as short lived mini panic moment for tech stocks as we believe tech stocks will have a major rally into the rest of the year as investors look to play the AI Revolution,” wrote Ives on X/Twitter.
The managing director at Wedbush Securities is known to be bullish on the technology sector and said the 500 point decline in the Nasdaq (NDAQ) index on Nov. 13 is likely some “temporary turbulence” rather than a sign of an AI bubble bursting or lasting market weakness.
Healthy Rebalancing
Ives points out that the sudden and sharp downturn in AI stocks such as Nvidia (NVDA), Meta Platforms (META), and CoreWeave (CRWV) might turnout to be a healthy rebalancing rather than an indication of a market top or structural weakness in equity markets.
Ives adds that he continues to expect AI investments to lead to an “innovation renaissance” in the U.S. over the next decade. While many investors have begun to worry about AI capital expenditures, Ives stresses that the broader technology sector remains strong and positioned for long-term growth.
Is META Stock a Buy?
The stock of Meta Platforms has a consensus Strong Buy rating among 42 Wall Street analysts. That rating is based on 34 Buy, seven Hold, and one Sell recommendations issued in the last three months. The average META price target of $846.48 implies 39.13% upside from current levels.
