AI stocks have gone parabolic in the past couple of months. It seems everything remotely is related (such as ai infrastructure, construction related, cooling systems) has been going straight up. Meanwhile other stocks that are posting great results are doing nothing (eg. MELI, SOFI).
Memory seems crowded now, everyone piling on smaller stocks that have been flat for ages, and now gone up 300% in the last couple of months because they're memory related. Reminds me of the shitco/spac/EV bubble of 2021.
When will the vortex ofAI/memory/chip stocks sucking money out of other stocks end?
byu/sap303 instocks
Posted by sap303
2 Comments
As soon as the wales decide chips have run their course.
What if I visit Wales and have chips for my main course?