Dan Ives, the well-known tech analyst, continues to champion a $4 trillion AI spending wave that he believes investors are still underestimating. In his latest predictions, he named Nvidia, Microsoft, Palantir, Apple, and CrowdStrike as his top five picks, setting price targets of $300 for Nvidia, $650 for Microsoft, $250 for Palantir, $400 for Apple, and $335 for CrowdStrike. He also singled out Tesla as a preferred AI and robotics play. Ives argues that Nvidia, trading at a forward P/E of 25.69x compared to its five-year average of 42.17x, offers the most direct exposure to the AI boom at a compelling valuation.
Ives sees the recent AI stock pullback as a buying opportunity. Beyond his core picks, he recommended Meta Platforms, pointing to its 3.6 billion users as a largely untapped monetization engine. He also highlighted Salesforce and ServiceNow as strong software sector choices. Ives emphasized that the AI revolution is still in its third inning, with chip demand outstripping supply at a 13-to-1 ratio.
Other companies are riding the AI momentum in different ways. Datasea reported approximately $4.0 million in aggregate AI service value across five customers as of October 8, 2026, a jump of about 264% from $1.10 million just weeks earlier on September 17, 2026. Those customers are using AI agents for content generation, ad placement, data analytics, and marketing optimization. Meanwhile, Tempus AI expanded a multi-year collaboration on October 7, 2026, supporting the potential commercialization of intismeran autogene V940/mRNA 4157, a cancer therapy approach, with Tempus managing tumor tissue and blood sample workflows.
On the infrastructure and security side, Pluto Security raised $42 million led by Balderton Capital to protect enterprise AI workspaces from cyber threats. The Israeli startup now has $50 million in total funding and will use the capital to build out its platform and expand its team. KuCoin launched KuCoin 5.0 on October 9, a platform-wide upgrade that includes a Unified Trading Account for VIP1 and above users, an AI Assistant 5.x for market analysis and trading support, and a color vision accessibility mode.
In broader AI developments, Zenta Group announced a strategic pivot toward AI and data solutions through its planned acquisition of ZentoAI Intelligent Technology, which builds platforms like FinSMarket for US equity research and Macwise for smart tourism in Macau. QIC predicts that 500 smaller Taiwanese AI firms could collectively reach US$2.66 trillion in value by 2030, benefiting from heavy spending by major U.S. tech companies and supply chain localization. The UK and Canada renewed their AI security partnership to share information on frontier AI risks and coordinate testing efforts.
Not all news is positive for AI-related stocks. South Korea's main stock index fell 5.5 percent amid concerns about AI investment and growing Chinese chip competition, with Samsung Electronics and SK Hynix leading the decline. Bitcoin also briefly dropped below $81,000 before recovering above $83,000. At the same time, universities including Florida International University and the University of Central Florida are expanding AI and STEM programs while cutting gender and race-focused offerings, reflecting a shift toward workforce-focused education.
Key Takeaways
- Dan Ives names Nvidia, Microsoft, Palantir, Apple, and CrowdStrike as top picks for a $4 trillion AI spending wave, with price targets of $300, $650, $250, $400, and $335 respectively.
- Ives also highlights Tesla as a preferred AI and robotics play and recommends Meta, Salesforce, and ServiceNow as additional opportunities.
- Nvidia trades at a forward P/E of 25.69x, well below its five-year average of 42.17x, with EPS expected to grow 95.23% this fiscal year.
- Chip demand-to-supply stands at 13-to-1, and Ives says the AI revolution is still in its third inning.
- Meta's 3.6 billion users represent a large untapped monetization opportunity, according to Ives.
- Datasea reported approximately $4.0 million in AI service value across five customers as of October 8, 2026, up 264% from $1.10 million on September 17, 2026.
- Tempus AI expanded a multi-year collaboration on October 7, 2026, supporting potential commercialization of intismeran autogene V940/mRNA 4157 cancer therapy.
- Pluto Security raised $42 million led by Balderton Capital to protect enterprise AI workspaces, bringing total funding to $50 million.
- KuCoin launched KuCoin 5.0 on October 9 with a Unified Trading Account, AI Assistant 5.x, and a color vision accessibility mode.
- South Korea's main stock index fell 5.5 percent on AI investment concerns, with Samsung Electronics and SK Hynix leading the decline.
Dan Ives names five top tech stocks for $4 trillion AI boom
Dan Ives named Nvidia, Microsoft, Palantir, Apple, and CrowdStrike as his top five tech stocks. He believes investors are still underestimating a $4 trillion AI spending wave over the next few years. Nvidia received a $300 price target as the foundational compute platform. Apple got a $400 target, Microsoft a $650 target, Palantir a $250 target, and CrowdStrike a $335 target. Ives also highlighted Tesla as a preferred disruptive AI and robotics play.
Nvidia or Apple: Which stock fits Dan Ives' $4 trillion AI wave better?
Former Wedbush analyst Dan Ives is bullish on Nvidia, Apple, Microsoft, Palantir, and CrowdStrike. He believes a $4 trillion AI spending wave is still ahead. Nvidia trades at a forward P/E of 25.69x, below its five-year average of 42.17x, with EPS expected to grow 95.23% this fiscal year. Apple trades at 37.78x, above its historical average, with slower EPS growth expected. The article argues Nvidia has more direct exposure to the AI spending wave at a lower valuation.
Dan Ives calls AI selloff a chance to own these 7 companies
Dan Ives said the recent AI stock selloff is an opportunity to own the winners. He named Microsoft, Nvidia, Palantir, and CrowdStrike as top picks. He also recommended Meta Platforms, noting its 3.6 billion users represent a large untapped monetization opportunity. Ives added Salesforce and ServiceNow as software sector picks. He said the AI revolution is in the third inning and that chip demand-to-supply stands at 13-to-1.
Zenta Group pivots to AI and data solutions with ZentoAI acquisition
Zenta Group announced a board-approved strategic realignment to focus on artificial intelligence and data solutions. The company plans to acquire 100% of ZentoAI Intelligent Technology, which develops AI and big-data platforms. ZentoAI created FinSMarket, a US equity research platform, and Macwise, a Macau smart tourism platform. Zenta aims to expand its market share across Southeast Asia through this shift. The company was founded in 2019 and is based in Macau.
Datasea reports $4 million in AI services from five customers
Datasea reported approximately $4.0 million in aggregate service value across five AI agent customer arrangements as of October 8, 2026. This value grew about 264%, or $2.9 million, from $1.10 million reported on September 17, 2026. The value reflects services provided, not recognized revenue, cash received, or backlog. Customers are using AI agent capabilities for content generation, ad placement, data analytics, and marketing optimization. Datasea plans to explore additional workflows and international markets based on customer progress.
QIC predicts 500 Taiwanese AI firms could hit US$2.66 trillion by 2030
Quantum International Corp. says 500 smaller Taiwanese AI companies could grow significantly by 2030. These firms may benefit from heavy AI spending by major U.S. tech companies. Supply chain localization efforts also support their growth potential.
Tempus AI expands cancer therapy collaboration with multi-year deal
Tempus AI announced an expanded multi-year collaboration on October 7, 2026. The deal supports potential commercialization of intismeran autogene V940/mRNA 4157. Tempus will manage tumor tissue and blood sample workflows along with sequencing services.
Bitcoin rebounds as South Korea stocks fall on AI worries
Bitcoin dropped below $81,000 before recovering above $83,000. South Korea's main stock index fell 5.5 percent due to AI investment concerns. Samsung Electronics and SK Hynix led the decline amid worries about Chinese chip competition.
UK and Canada renew AI security partnership for shared standards
The United Kingdom and Canada announced a renewed AI security partnership. The two countries will share information on frontier AI risks and explore coordinated testing. The partnership builds on earlier agreements from 2024 and 2025.
Universities boost AI and STEM programs as gender studies face cuts
Many universities are expanding AI and STEM programs while cutting gender and race-focused offerings. Florida International University and the University of Central Florida are among those shifting toward workforce-focused education. The changes come amid increased scrutiny of higher education policies.
Pluto Security raises $42M to protect enterprise AI workspaces
Israeli startup Pluto Security has exited stealth mode after raising $42 million led by Balderton Capital. The company uses AI to detect and prevent cyber threats in real time for enterprise workloads. Total funding now reaches $50 million, and the new capital will fund platform development, team growth, and market expansion.
KuCoin launches 5.0 upgrade with unified trading and AI assistant
KuCoin released KuCoin 5.0 on October 9, a platform-wide upgrade covering compliance, technology, assets, experience, AI and wealth management. The new Unified Trading Account lets VIP1 and above users combine spot, margin and futures trading in one framework. An upgraded AI Assistant 5.x spans market analysis, trading, support and campaigns. The update also adds a redesigned Profile Center 2.0, cross-device chart sync, and a color vision accessibility mode for users with color vision deficiencies.
Sources
- Dan Ives Names Top Tech Stocks for $4 Trillion AI Boom
- Nvidia (NVDA) or Apple (AAPL): Which Is the Better Bet on Dan Ives’ $4 Trillion AI Wave?
- Dan Ives Says AI Stock Selloff ‘Opportunity to Own the Winners’: Here Are 7 Companies He Named
- A stock-analysis tool and Macau tourism service feature in Zenta Group's planned AI and data refocus
- Five customers have received AI services valued at about $4 million from Datasea.
- Taiwan's Next AI Winners: QIC Sees 500 Smaller Companies Worth US$2.66 Trillion by 2030｜Industry｜2026-10-13｜web only
- Is Expanded Cancer Therapy Collaboration Altering The Investment Case For Tempus AI (TEM)?
- BTC, ETH prices slip and rebound as Kospi index slides on AI-related concerns
- UK, Canada deepen AI security cooperation on standards, testing and risks | MLex | Specialist news and analysis on legal risk and regulation
- Universities expand AI, STEM as gender studies face cuts
- Dealroom.co | Pluto Security exits stealth with $42M to secure the enterprise AI workspace
- KuCoin Rolls Out Platform-Wide 5.0 Upgrade With Unified Trading and Expanded AI
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