AI To Take Center Stage in This Week’s Big Tech Earnings [Video]

As excitement around artificial intelligence (AI) has captured investors’ attention, the emerging technology is expected to be top of mind during big tech’s impending earnings reports. Meta Platforms (META) is set to report earnings on Wednesday, while Google parent Alphabet (GOOGL) and Microsoft (MSFT) will report on Thursday.

Nvidia (NVDA) has established itself as an early leader of the AI era, even recording the largest single-day jump in market capitalization, but analysts expect the next wave of AI optimism to benefit a variety of tech stocks.

“While the first wave of the AI Revolution is being led by the Godfather of AI Jensen and Nvidia along with Nadella/Redmond…now the 2nd/3rd/4th derivatives of this $1 trillion of spending over the next decade is hitting the shores of the tech sector,” Wedbush Securities analysts wrote.

The analysts noted that the firm expects that “1Q earnings will be a major …