Rallying Chip Stocks Reignite AI Bubble Debate
Companies making AI chips have registered a major rally in the prices of their shares, and this has added momentum to the growing debates about whether or not these surges are fueling an AI bubble that could burst anytime. Bulls insist that this current rally is powered by structural changes within the market and the current situation is unlikely to mirror previous booms and bursts, especially the dot-com bubble. They cite the massive demand for high-bandwidth memory chips needed in the buildout of data centers that tech giants like Alphabet and Microsoft are pouring money into. However, bears say the…
