An NVIDIA HGX H100 server on the Yotta Data Services PVT. Data center in Navi Mumbai, India, on Thursday, March 14, 2024.
Bloomberg | Bloomberg | Getty pictures
According to Dan Ives, analysts of the technical technology industry, large technology companies and private equity companies are preparing to make a flood of acquisitions in order to remain in the AI! The analyst announced its tips for stocks that are first -class acquisition goals when the deal -makeing boom begins.
“Since the regulatory landscape for acquisitions with the new administrations that get in and no longer represent steep hurdles, we are of the opinion that the Tech -M & A locks are ready to open up more opportunities to add an easier way to go forward with an easier way,” said IVES on Wednesday Wedbus Securities -Customers.
In the past few months, several technology companies have completed shops to sell their shops to KI and AI Adjacent companies. Core scientific agreed in July to sell his data center business Coreweave In a 9 billion dollar all-floor deal. About the same time, Palo Alto Networks announced that it would purchase Cyberarkan Israeli security company worth 25 billion US dollars during Pretty Unveiled plans for the purchase of consumer-oriented generative AI companies Cognigy for almost $ 1 billion.
Ives showed up C3.AI And Sandisk As under the first -class M&A goals Apple And IBM are most likely very successful in this AI fusion wave because the two large tech companies want to catch up in the AI ​​race.
“While it is expected that many funds build AI application cases, we expect considerable consolidation within the room in the next 5 to 10 years, since more niche use cases are picked up for AI and added to the cultivation of AI product portfolios of large tech players and other financial buyers in order to benefit from the exploding question of AI via companies.
Here are the most important publicly traded takeover candidates of the analyst.
Ives Stock Picks for AI-related M&A
| ticker | Pursue | Stock performance (YTD) |
| Knemb | Durable stocks | -25.66% |
| Qlys | Qualies | -6.33% |
| AI | C3.AI | -48.85% |
| Lyft | Lyft | 68.33% |
| TRIP | Tripadvisor | 4.47% |
| Sndk | Sandisk | – |
Source: Wedbush Securities
Sandisk shares have increased since trading in trading with the Tickicker SndK truck in February. Lyft And Tripadvisor 68% and 5% have increased since the beginning of this year.
However, Durable stocks The shares fell 26% this year, while the C3.AI shares fell by 49% in the same period. Qualies The shares have decreased by around 6% in the previous year.