Reported about 8 hours ago
A promising earnings outlook for artificial-intelligence companies is reducing fears of a bubble amidst the ongoing AI-driven equity rally. Notable firms like SK Hynix and Advantest reported stronger earnings, indicating a rise in demand alongside valuations. Nvidia's stock extended gains after President Trump's discussions with China's Xi Jinping potentially signified increased sales of AI chips. While several indicators suggest that the AI sector is entering a profit cycle, cautious voices like billionaire Ray Dalio warn of potential speculative bubbles.
Source: YAHOO