Dan Ives is Bullish on Memory Stocks: ‘It’s Their World and Everyone Else is Paying Rent’
benzinga_article·
- Tech analyst Dan Ives maintains a strongly bullish outlook on memory stocks due to overwhelming demand for the artificial intelligence revolution.
- He notes that memory demand outpaces supply by a 15 to 1 ratio, giving dominant players in South Korea immense pricing power.
- Ives also highlights Nvidia as a critical market catalyst, comparing the current stage of the artificial intelligence trade to the bottom of the second inning.
