In other words, history says the Nasdaq could advance 16% in 2025, but most Wall Street analysts see even more upside in Nvidia ( NVDA -0.02%) and Lam Research ( LRCX -0.62%), two companies that reset their soaring share prices by completing 10-for-1 stock splits in 2024.

As reported by Reuters, Wall Street’s main indexes rose on Monday to more than one-week highs, driven by a rally in semiconductor stocks and news suggesting that the incoming Trump administration could adopt a less aggressive tariff stance than previously anticipated.

As the artificial intelligence (AI) revolution continues going full steam ahead, much of the attention is still focused on Nvidia -- and for good reason: The company's hardware is the beating heart of the entire industry.

Two Morgan Stanley analysts have outlined bull-case target prices that imply substantial upside for Datadog and Arm shareholders in 2025. Datadog is a leader in observability software, a market that should grow quickly as businesses become more dependent on artificial intelligence.

Dan Niles, Niles Investment Management founder, recently said in a program on CNBC that a slowdown in spending could be a “big problem” for major AI players in 2025.