Dan Ives' Top 10 Tech Winners for the AI Revolution by 2025: Notable Omissions

On Monday, Wedbush analyst Dan Ives released his list of the top 10 tech companies expected to thrive in the AI revolution by 2025. Interestingly, two notable players from the so-called 'Magnificent 7' were missing from his list.

What Happened: According to Ives, the selected companies are well-positioned to benefit from a massive surge in artificial intelligence spending, projected to reach $2 trillion over the next three years.

His list includes Nvidia Corporation (NVDA), Microsoft Corporation (MSFT), Palantir Technologies Inc. (PLTR), Tesla Inc. (TSLA), Alphabet Inc.'s (GOOG, GOOGL) Google, Apple Inc. (AAPL), MongoDB Inc. (MDB), Pegasystems Inc. (PEGA), Snowflake Inc. (SNOW), and Salesforce Inc. (CRM).

However, the heavyweights of the 'Magnificent 7,' Amazon.com, Inc. (AMZN) and Meta Platforms, Inc. (META), were notably absent from Ives' selections.

See Also: OpenAI’s For-Profit Transition, Trump’s AI Advisor, And Google’s Code Red: This Week In AI

Ives expressed optimism, stating, "We expect tech stocks to rise by 25% in 2025." He attributed this expected increase to a favorable environment for major tech companies and reduced regulatory challenges anticipated under a potential Donald Trump-led administration.

However, Ives also warned of possible challenges ahead in 2025, indicating potential volatility due to Federal Reserve policy changes, trade relations with China, and high stock valuations. Despite these concerns, he believes, "These factors will create opportunities to invest in the tech sector, which has been a key strategy for us in the past two years."

Why It Matters: Currently, Apple holds the distinction of having the highest market valuation at $3.812 trillion, having increased 35.85% year-to-date. Earlier this year, the company launched Apple Intelligence, which features advanced AI tools aimed at enhancing user experiences across its devices.

Following Apple is Nvidia, valued at $3.367 trillion, and has grown an impressive 185.43% this year. Nvidia is anticipated to present its new RTX 5000 series graphic processing units at the upcoming CES 2025, set for the second week of January.

Microsoft ranks third, with a valuation of $3.158 trillion, while Alphabet comes in fourth with a market cap of $2.350 trillion.

Amazon takes the fifth spot, valued at $2.326 trillion, with Meta and Tesla following at numbers six and seven, valued at $1.492 trillion and $1.339 trillion, respectively.

Image via Shutterstock

Read Next:

• Palantir Was Not Part Of ‘Cool Kids Club,’ Says Dan Ives, As Stock Surges 376%: ‘Group Think’ Mentality Of Institutional Investors Gave Retail The Edge

Disclaimer: This article is an independent summary and analysis of recent developments in the tech sector.

AI, Technology, Investing