Nvidia vs. Lam Research: Which Hot Stock is More Attractive?
Nvidia and Lam Research are hot semi plays that could be driven higher by the AI trend
Stay updated with breaking news from Rob Arnott. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nvidia and Lam Research are hot semi plays that could be driven higher by the AI trend
AI will change the world, analyst says, but investors should be wary of a ‘great company priced beyond perfection’.
Individually, none of these bearish prophecies have slowed a market rally that has added $5 trillion to the Nasdaq 100s value since December. But when they start exerting fresh pressure all at once, even the boldest proponents of artificial intelligence can be forgiven for feeling sheepish.
Two-thirds of companies that mentioned AI on earnings calls saw their stocks rally, according to a study from Wall Street Zen.
(Bloomberg) -- People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year Se