N Nvidia reported progress towards deploying generative AI technology within its platform, but how this will translate to revenue upside remains to be seen. Contrarian bear David Rosenberg said that the price bubble in AI stocks could actually wreck the rally. The sudden frenzy over bots gives investors a powerful if scary new story to latch on to.
Is AI in bubble territory yet? Ever since Nvidia's massive move up recently, people have been asking this question with renewed vigor.
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