10:44 AM EDT, 07/01/2025 (MT Newswires) -- Nvidia ( NVDA ) and other tech stocks are set to have a "very strong" H2 with "AI Revolution tailwinds" accelerating across semiconductors, software, and the enterprise and consumer landscape, Wedbush said in a Tuesday note.

Tech stocks are poised to make another 10% or more move higher in H2 after a few months of navigating tariff and geopolitical challenges, Wedbush analysts said.

Investors are still underestimating the "tidal wave of growth on the horizon" from the $2 trillion of spending over the next three years, coming from enterprise and government spending around AI technology and use cases, the analysts said. Use cases are driving the tech transformation being led by software and chips into the rest of the year and beyond, they said.

The analysts also said they believe the Trump administration will continue to soften its stance around tariffs and look to finalize global trade deals that do not "dramatically alter the current landscape for Big Tech and the AI Revolution."

Wedbush named Nvidia ( NVDA ), Meta (META), Microsoft ( MSFT ) , Palantir ( PLTR ) , and Tesla (TSLA) as its top five tech picks for H2.

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