Tech analyst Dan Ives: ‘Microsoft is clearly leading when it comes to.…’
Microsoft is moving ahead of its rivals Amazon and Google in the cloud and hyperscaling sectors, according to Wedbush analyst Dan Ives. Speaking to The Street, Ives said Microsoft is “clearly leading when it comes to hyperscaling and cloud,” with its Azure platform playing a key role. Citing strong momentum in artificial intelligence and cloud services, Ives raised his price target for Microsoft’s stock to $600. He added that this figure could still be “conservative.”
Growth in AI to reshape Microsoft’s value: Dan Ives
