AI Boom Is ‘Dot-Com and Subprime All Merged in One,’ Former Fidelity Manager Tells Steve Eisman
Former Fidelity manager George Noble warns AI spending could outrun returns as AMD tops $1T and Nvidia demand stays strong.
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Why It Matters
Some smart investors worry that companies are spending too much money on AI tools. They say the money spent might not come back as profits for a long time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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