NVDA - AI-related spending expected to comprise 10% of 2024 IT budgets: Wedbush
2024-05-12 08:00:00 ET
"While the first wave of the AI Revolution is being led by the Godfather of AI Jensen and Nvidia ( NASDAQ: NVDA ) along with Nadella/ Redmond...now the 2nd/3rd/4th derivatives of this $1 trillion of spending over the next decade is hitting the shores of the tech sector," said Wedbush analyst Daniel Ives and others in a note....
AI-related spending expected to comprise 10% of 2024 IT budgets: Wedbush