Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META) to Keep Getting Boosts From the AI Revolution, Renowned Analyst Says

Spending on AI “is holding up like the Rock of Gibraltar,” and Microsoft (MSFT), Amazon (AMZN), and Meta (META) are all still benefiting from the AI Revolution, Dan Ives, a Managing Director and Senior Equity Research Analyst at Wedbush Securities, said recently on CNBC.

A development team working together to create the next version of Windows.

Ives specializes in the tech sector.

Why Ives Remains Largely Bullish on Big Tech

Capital spending within the tech sector “is holding up,” while investments in AI in general remain very solid, according to Ives.

Further, “tariffs..are not stopping the AI Revolution,” and MSFT, AMZN, and META are all poised to benefit from the continued proliferation of AI, the well-known analyst explained.

In general, “software is the safety blanket” for investors at this point, while Meta Platforms (META) will also get a significant lift from a resilient ad market, Ives stated.

Ives’ Bottom Line on Big Tech

“Big Tech will be more of a confidence booster this week rather than” feeding the Street’s fears, he predicted.

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Disclosure: The author owns shares of  AMZN but has no intention of trading them in the next 48 hours. This article is originally published at Insider Monkey.