Business
AI Trade Will Be Volatile Though Demand Signals Encouraging
Trade in artificial intelligence-linked stocks will continue to be volatile during a catalyst-heavy period, but the underlying investment case for the sector is strong, UBS Global Wealth Management’s Mark Haefele wrote.
Last week’s sharp fall in AI-related stocks was overdone given that “underlying measures of AI demand remain firmer than the market reaction suggests,” Haefele said.
Investors should look to spread their exposure to the sector across the AI supply chain, the chief investment officer wrote.
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