8 articles | last updated: Jul 11 12:05:43
Wall Street analysts predict significant downturns for some AI leaders, while others continue to thrive.
- Palantir Technologies and Arm Holdings could see stock price drops of up to 67% and 64%, respectively, according to analysts.
- Nvidia and Micron Technology have seen substantial gains, driven by strong AI hardware demand.
- Palantir's revenue growth and contract backlog suggest potential for future gains despite high valuation concerns.
- Investors are advised to consider trimming positions in overvalued AI stocks to mitigate risks.
- The AI market's long-term sustainability remains uncertain, with some experts questioning whether current trends will persist.
People, Places and Things In This Story
- Artificial intelligence Field of study
- Palantir Technologies Software company
- arm Computer company
- Micron Technology Semiconductor manufacturing company
- Nvidia Software company
- Wall Street Street in New York
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- Business
- Technology