May 14 – Wedbush Securities has spotlighted 30 tech titans it says are shaping the future of artificial intelligence, in what it calls the biggest tech shift in four decades.
Leading the pack is Nvidia (NASDAQ:NVDA), hailed by Wedbush analysts as the foundation of the AI revolution. The firm points to Nvidia CEO Jensen Huang as having a front-row seat to soaring enterprise AI demand, his chips, they say, are the new gold and oil of the digital age.
The AI ripple is real. For every $1 spent on Nvidia, Wedbush estimates an $8 to $10 wave flows through the rest of the tech ecosystem, from hyperscalers to software and cloud.
Cloud giants like Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet’s Google (NASDAQ:GOOG) are flagged as the infrastructure powerhouses driving early-stage AI deployments.
On the consumer front, Wedbush continues to favor Meta (NASDAQ:META), Amazon, and Alphabet for their strong momentum in monetizing AI-driven services.
Other top names include Apple (AAPL), Salesforce (NYSE:CRM), Oracle (NYSE:ORCL), Palantir Technologies (NASDAQ:PLTR), Snowflake (NYSE:SNOW), and Tesla (NASDAQ:TSLA), a who’s who of the AI-powered fourth industrial revolution.
This article first appeared on GuruFocus.
