Micron Technology (MU) is essential for AI infrastructure, providing high-performance memory (DRAM) crucial for processing massive amounts of data, and has shown extraordinary business momentum.
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Dan Ives: "Investors Are Missing the Big Picture" (3 Top Tech Stocks to Buy Now)
Jul 24, 2026
Dan Ives discusses the current market sentiment around AI spending in big tech, suggesting investors are overlooking the long-term potential. He highlights Alphabet and Tesla as examples, noting their recent stock performance is driven by AI investment concerns. Ives believes the AI revolution is still in its early stages and that these companies are making necessary investments for future growth, particularly in areas like autonomous driving and physical AI for Tesla.
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Tickers discussed in this post
Nibbius is a high-risk, high-reward company in rapid expansion, benefiting from multiple AI trends and offering significant long-term value if execution is strong.
Nebius Group (NBIS) is positioned as a key AI cloud infrastructure provider, supplying the essential computing capacity and services required for training and deploying AI models at scale.
Taiwan Semiconductor Manufacturing (TSM) is a top pick due to its dominant position as the world's leading pure-play chip foundry, essential for the AI revolution and possessing an extraordinary competitive moat.
Apple is mentioned as a company where consumer AI is just beginning, suggesting significant room for growth despite its historically slower market entry.
Dan Ives implies Meta, as a hyperscaler, must continue significant AI investments because the AI buildout is in its early phases and technological leadership compounds.
Dan Ives made a bold prediction that SpaceX has an over 80% chance of acquiring Tesla by the end of next year, viewing them as parts of a larger AI ecosystem.
Alphabet is mentioned as a company whose stock was impacted by AI spending concerns, but Dan Ives believes investors are missing the bigger picture.
Intel is mentioned as a company reporting earnings, with demand for chips being a key focus for investors.
Amazon is mentioned as a hyperscaler continuing to spend on capex due to enterprise demand for AI use cases.