Tech stocks could see another year of double-digit gains, according to Wedbush analyst Dan Ives, who predicts another rally led by advances in artificial intelligence.

Next Stage of ‘The AI Revolution’

On Monday, Ives said that he expects major tech names tied to artificial intelligence to rally “anywhere from 20 to 25%” in 2026, during his appearance on CNBC’s “Fast Money.”

He emphasized that the “AI revolution stocks,” as he called them, would be the key drivers of this growth, while adding that this was the beginning of the next stage of this revolution.

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Ives highlighted a sharp uptick in AI-related deal activity, especially among hyperscalers. He said recent checks show that roughly 20% to 25% of deals have been fast-tracked over just the ...