Posted 2/17/2024, 3:06:00 PM
Signs of AI Stock Bubble Forming, But Fundamentals Remain Strong for Leaders Like Nvidia
- There are signs of a bubble forming in AI stocks as some have surged sharply without fundamentals changing.
- Billionaire investor George Soros' approach is to rush into bubbles, adding fuel to the fire, as volatility presents opportunities.
- Soros Fund Management bought more Arm Holdings stock last quarter but sold Nvidia and Microsoft shares.
- AI leaders like Nvidia are posting huge revenue and profit increases, justifying gains.
- Investors should watch for disconnects between stock prices and business performance, but AI momentum keeps building.