Investment bank Wade Bush supports the AI wave: betting on ten major tech stocks including Microsoft Corporation (MSFT.US) and NVIDIA Corporation (NVDA.US), asserting "this is definitely not a bubble."

Investment bank Wedbush Securities recently released its recommended top ten technology stocks list, which includes Microsoft Corporation (MSFT.US) and NVIDIA Corporation (NVDA.US), and explicitly stated that "it is not currently an artificial intelligence bubble." The analyst team led by Daniel Ives stated that despite the recent chatter about an artificial intelligence bubble, they have observed nearly a 20% acceleration in transaction flow in the artificial intelligence field by mega-cap enterprises. This is due to end-user corporate clients focusing on the implementation of AI applications by 2026. The analysts added, "The 'AI revolution' is still in its early stages: with more corporate clients and chief information officers recognizing the significant role of AI in their organizations, the next wave of AI strategic deployments is on the horizon." The Ives team predicted, "While the capital spending of tech giants is expected to range from $550 billion to $600 billion by 2026, we anticipate a massive influx of AI-related spending from governments, Global 2000 enterprises, and the Asian/Middle Eastern regions, with U.S. tech giants being the core beneficiaries." The research team emphasized that there is currently no AI bubble and listed five reasons for this: the consumer side of the 'AI revolution' has not yet started; autonomous driving technology is just beginning; Siasun Robot & Automation technology is still in the laboratory stage; less than 5% of U.S. enterprises have actually implemented AI strategies; and the global 'AI revolution' is just beginning. In response to market concerns about OpenAI and NVIDIA Corporation engaging in cyclical financing, the Ives team believes that this view is biased: "NVIDIA Corporation and OpenAI actually play a cornerstone role in the tens of trillions of dollars of AI infrastructure buildout over the coming years... In this global AI arms race, although these strategic deployments will cause short-term market fluctuations, we are extremely confident in this forward-looking positioning." The analysts concluded by stating, "Despite recent investor concerns, we remain bullish on tech stocks for the remainder of the year and into 2026." The remaining top ten technology stocks list includes: Palantir (PLTR.US), AMD (AMD.US), Tesla, Inc. (TSLA.US), Apple Inc. (AAPL.US), Meta (META.US), Alphabet (GOOGL.US), Crowdstrike (CRWD.US), Palo Alto Networks (PANW.US).