If Nvidia Is a Proxy for the AI Bubble, It’s Nearing Its Peak, Morgan Stanley Says
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The bubble in artificial intelligence stocks is nearing a peak, according to Morgan Stanley strategists, who point to the more than 200% rally by Nvidia Corp. this year.
Based on historical context, this stock surge would be in its “later-innings,” Morgan Stanley strategist Edward Stanley wrote in a note. “Bubbles tend to rally a median 154% in the 3 years pre-peak.”