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The 'AI revolution' is playing out, Wedbush sees tidal wave of spending coming to the tech industry

February 13, 2024 1:17 PM EST

The artificial intelligence (AI) revolution is playing out, according to Wedbush analyst Daniel Ives, who believes there is a "tidal wave" of spending coming to the tech industry.

Ives explained in a note to clients that heading into 2024, there was building hype and excitement for AI, which Wedbush views as the "biggest tech transformation since the start of the... More

OpenAI CEO 'swinging for the fences' to reshape semiconductor supply chain

February 12, 2024 9:19 AM EST

Open AI CEO Sam Altman is "swinging for the fences" according to Macquarie Equity Research analysts in a note Monday.

The firm, reacting to reports that Altman is reportedly pitching Middle Eastern states on a $5 trillion to $7 trillion project to reshape the semi supply chain, also noted that OpenAI is... More