Who the sucker that intentionally put fear on investors?
Nvidia Stock Walks the Fine Line of AI Bubble Fears
Nvidia was falling early on Tuesday as stocks exposed to the artificial-intelligence trend continued to suffer. However, analysts at UBS are dismissing fears of a bubble popping.Nvidia shares were down 0.5% at $175.50 in premarket trading. The stock has dropped 2.8% over the past month through to Monday's close.The move was broadly in line with the wider market. Among other chip makers, Advanced Micro Devices was down 0.8% and Broadcom was falling 0.3% in premarket trading. Broadcom has fallen 16% in the past five trading sessions."While we expect global AI capex to continue to rise over the coming years, we do not see evidence of an investment bubble," wrote Mark Haefele, chief investment officer at UBS Global Wealth Management, in a research note Tuesday."As AI adoption expands from consumer chatbots to broader enterprise and industry use cases, we estimate that the required compute capacity could be orders of magnitude greater than today's installed base," wrote Haefele.On Monday, N
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