Dan Ives Predicts a Strong Second Half for Tech. 2 Top AI Stocks to Buy Now.

Adria Cimino, The Motley Fool

Sun, Jul 6, 2025, 11:10 AM 5 min read

• The Wedbush analyst calls right now the "golden age" for tech stocks.

• These two players could keep winning well into the future, driven by strong demand for their AI products.

• 10 stocks we like better than Nvidia ›

Technology stocks, last year's big drivers of stock market gains, looked as if they were running out of that positive momentum just a few months ago. President Donald Trump announced plans for import tariffs, and investors worried that the move would crush corporate earnings and the general economy. But recent trade talks and deals reached -- including a trade agreement with China -- have eased investors' fears, allowing tech stocks to resume their upward path.

And this trend may be far from over, according to one of the most watched tech analysts. Dan Ives of Wedbush, in an interview with Bloomberg, predicted a strong second half for technology stocks, calling this the "golden age" for the industry. He spoke of artificial intelligence (AI) stocks as having much more room to run and even said we're at "10 p.m. in the AI party that goes to 4 a.m."

The infrastructure buildout remains ongoing, and on top of this, new phases of AI growth are just beginning or yet to come, from the widespread use of AI agents for applying AI to real-world situations to the launch of humanoid robots. This is why today's AI market, valued at about $300 billion, is forecast to surpass $2 trillion within 10 years.

Against this backdrop, here are two top AI stocks to buy now to potentially benefit from explosive growth as this story develops.

Nvidia (NASDAQ: NVDA) has become an AI behemoth over the past few years, thanks to both its leading AI chips, known as graphics processing units (GPUs), and its full selection of AI tools and services. The company has played a key role in the earliest stages of AI, with GPUs powering the training and inference of models. This has helped Nvidia's earnings roar higher. On a quarterly basis, revenue and net income have increased by double or even triple digits.

Now, Nvidia also has what it takes to accompany customers through the rest of the AI adventure. The tech giant has rolled out enterprise software, networking equipment, and AI systems tailored to specific industries. Nvidia is even getting involved in the hot growth area of quantum computing, as it recently announced the construction of a specific research center in Boston.

All this bodes well for ongoing growth, and in addition to this, Nvidia is making an important move to ensure its leadership over time: The company has put the focus on innovation, committing to updating its GPUs annually. Since Nvidia already sells the highest-performance GPUs, it will be difficult for rivals to catch up.