Nvidia Is 'On A March To $5 Trillion' Market Capitalization, Says Dan Ives As He Predicts Bullish Environment For Tech And Crypto: 'Very Strong Second Half'

Benzinga
2025.07.16 11:18
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Wedbush analyst Daniel Ives predicts Nvidia Corp. could reach a $5 trillion market cap, driven by a recent surge in stock price and a pivotal U.S. decision allowing its AI chips into China. He forecasts a tech bull market, with the Nasdaq potentially hitting 22,000 to 25,000 by year-end. Ives also sees a strong second half for cryptocurrencies like Bitcoin and Ethereum, attributing this to a favorable regulatory environment. Currently, Nvidia's stock is up 23.42% year-to-date, while Bitcoin and Ethereum are experiencing fluctuations in their prices.