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- AI appears to be having a moment similar to the commercialization of the internet in the mid-90s.
- One analyst called the current AI boom a "1995 moment" that will continue for years.
- Nvidia is leading that charge as major tech companies vie for its GPUs to power their AI.
Artificial intelligence is having a 90s-like boom — and one analyst says Nvidia is leading the charge.
"This is a 1995 Moment as now the AI Revolution and $1 trillion of incremental spending over the next decade is hitting the software ecosystem and rest of tech sector," Dan Ives, a tech analyst at Wedbush Securities, wrote in a recent analyst note.