Movement Alert｜Ferrari NV Intraday Rise 3.02% in Regular Trading, Chairman Downplays AI Bubble Concerns

Market Focus10-16

On October 16, Ferrari NV posted an Intraday Rise of 3.02% in Regular Trading, trading at $398.85 per share, with turnover of $213 million.

The move coincided with management commentary from Chairman John Elkann, who said he is not concerned about an AI bubble and argued that even if markets correct, it would not derail the technology’s long-term development.

He also flagged key risks: AI infrastructure investment is rising sharply while commercialization remains uncertain, creating potential supply-demand mismatches, and AI still requires substantial energy and computing capacity. The remarks appear to have reinforced investor focus on Ferrari NV’s long-term strategic positioning and growth resilience. Earlier commentary carried a similar message that the company sees long-term promise in AI despite open questions around monetization.

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