Reported 3 days ago
Top tech analyst Gene Munster believes that the current tech stock bubble, fueled by artificial intelligence hype, will continue for another two years before potentially bursting, which could lead to a substantial decline in the Nasdaq Composite, particularly affecting high-flying stocks like Nvidia. He acknowledges that while there may still be gains to be made from AI, the extraordinary growth of big tech stocks seen recently is unlikely to be sustained, and any failure to meet investor expectations could trigger nervousness in the market, foreshadowing a downturn.
Source: YAHOO