Wall Street eyes AI bubble as skepticism grows over trillion-dollar bets [Los Angeles Times (CA)]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Los Angeles Times
Stock selloffs in Nvidia and Oracle signal doubt about the profitability of massive capital expenditures on AI infrastructure and data centers. Investors face a critical choice: pull back from AI exposure ahead of a potential bubble or continue betting on transformative technology. It's been three years since OpenAI set off euphoria over artificial intelligence with the release of ChatGPT. And while the money is still pouring in, so are the doubts about whether the good times can last. From a recent selloff in the shares of Nvidia Corp., to Oracle Corp.'s plunge after reporting mounting spending on AI, to souring sentiment around a network of companies exposed to OpenAI, signs of skepticism are increasing. Looking to 2026, the debate among investors is whether to rein in AI exposure ahead of a potential bubble popping or double down to capitalize on the game-changing technology. “We're in the phase of the cycle where the rubber meets the road,” said Jim Morrow, chief executiv
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