AI-related stocks are currently trading at a significant discount, around 33% off their highs, and there's a view they could reach new record levels within the next six months. Here are some examples of the drawdowns from recent highs: $Rocket Lab USA, Inc.(RKLB)$ is down 46.3%, $AST SpaceMobile, Inc.(ASTS)$ is down 45.2%, $APPLIED DIGITAL CORP(APLD)$ is down 38.6%, $Palantir Technologies Inc.(PLTR)$ is down 37.8%, and $ARM Holdings(ARM)$ is down 33.9%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments