Is AI in a bubble similar to the 1990s telecom bust?

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Micron Technology News

Vote Of Confidence,Mitchell Green,Artificial Intelligence

Micron Technology's (MU) post-earnings decline and Nvidia's (NVDA) shaky sell-off have not been a vote of confidence for the AI landscape to investors this...

) shaky sell-off have not been a vote of confidence for the AI landscape to investors this week. Is this the first sign of an AI bubble materializing?

Green states it could be some of the AI"incumbents" that actually come out on top at the end of the long-term adoption timeline.Shares falling today after the company forecast failed to meet lofty expectations that investors had set for the A I space and for this company in particular. Then it's probably along if you think that this Capex could be some slight sort of slight bubble, it's probably a, a short uh what, what we think is, it's very real, but this stuff is gonna take a lot longer to play out than people think.

Do you end up with $70 if you didn't add a new customer or you end up with $95 like 95 is best in class, like think about people on sales force. So 60 plus percent of our companies are, are profitable businesses where you've never heard of any of these businesses like growth zone or GVL or Pace Mate.We don't need them to, we'll sell them to one of 100 private equity firms or we'll sell them to a tuck into a strategic and make and try to make, you know, 2 to 5 times our money versus trying to bet on the ifpo markets.

 

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