What to expect for the AI sector after Nvidia shares plunge

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have led to speculation about the prospects for the sector. Nevertheless, analysts see AI firms as healthy given incoming revenues.

“In a lot of ways, this couldn’t be more different than the late-90s dot-com boom,” Jamie Cox, managing partner for Harris Financial Group, told the. “Because unlike then, the companies actually make money. They’re not the thought of a concept of making money, this is actual sales and actual delivery of materials.”Nvidia as part of an investigation into whether the company is violating antitrust law.

Sameer Samana, senior global market strategist at Wells Fargo Investment Institute, pointed out that bubbles are not easy to detect until after they occur.. “There was no real business there beyond kind of the promise of the internet, so to speak, and that if a company had a .com in their name, they would kind of double or triple in value,” Samana said.

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