- Due to the upcoming AI spending spree, Microsoft’s valuation might rise by over $350 billion, suggests Wedbush’s managing director Dan Ives.
- Ives anticipates a ‘massive golden opportunity’ for Microsoft because of its AI investments, increasing his Big Tech stock target from $375 to $400.
- The tech giant plans to ramp up its spending in the AI sector, with rising demand for its services and previous investments in OpenAI solidifying its leading position.
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