Meta Platforms Inc. (NASDAQ: META) stock surged after the company said ad sales are picking up fast and profits will keep growing, giving Wall Street fresh confidence that its AI push is paying off. The big question now is whether that momentum can hold as Meta ramps up spending on data centers, chips, and new tech to fuel its next wave of growth. JP Morgan analysts maintained their Overweight rating on Meta with a December 2026 price forecast of $825, according to a r...
Wedbush analyst Dan Ives said recent headlines around NVIDIA Corp (NASDAQ: NVDA) and OpenAI have intensified investor scrutiny, but he views the developments as constructive steps that reinforce the long-term momentum of the AI revolution.
Nvidia's OpenAI Investment Under the Microscope
Ives said investor anxiety around circular financing and "too big to fail" concerns tied to OpenAI has turned Nvidia's planned investment into a closely watched market issue.
The analyst noted that Nvidia outlined plans in September to help build at least 10 gigawatts of computing power for OpenAI and to invest up to $100 billion, making every public comment from CEO Jensen Huang critical to investor sentiment.
Huang Signals Support While Preserving Leverage
According to Ives, Huang's recent comments in Taiwan clarified that Nvidia's investment will not exceed $100 billion while reaffirming plans to make "a huge investment" and expressing strong support for OpenAI and CEO Sam Altman.
The analyst described the situation as part negotiation and part strategic signaling citing Nvidia's attempts to maintain leverage while avoiding actions that could benefit rivals such as Alphabet Inc (NASDAQ: GOOGL)(NASDAQ: GOOG).
Ives said Nvidia remains in a strong negotiating position and expects the final investment to land near the $100 billion range, easing fears a...
