Wedbush analyst Dan Ives predicts the Nasdaq Composite could reach 30,000 points within a year, driven by robust tech earnings and the burgeoning AI sector. Ives highlights a significant chip supply-demand gap and suggests the AI revolution is in its early stages, with a bull market potentially lasting two more years. Ives advises investors to diversify across the AI value chain, including cloud giants, semiconductors, software, cybersecurity, and power infrastructure, rather than focusing on a single sector. He emphasizes the potential of memory giants like SK Hynix, noting the industry is experiencing a super cycle.