Wedbush analyst Dan Ives views Nvidia (NVDA) as “the foundation for the AI Revolution,” with “the Godfather of AI Jensen having the best perch and vantage point to discuss overall enterprise AI demand and appetite for Nvidia’s AI chips looking forward.” Google’s (GOOGL) TPU chips along with its key partner Broadcom (AVGO) are gaining some clear momentum in the AI market, the firm notes. That said, the AI Revolution “starts and ends with Nvidia today,” Wedbush argues, and that is not changing for another few years, in the firm’s opinion. With the trillions set to be spent over the coming years, many Big Tech players will benefit besides Nvidia on the chip front, but that should not be mistaken for Nvidia being the indisputable “Rocky Balboa champion of the AI Revolution,” Wedbush adds.
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