Mike Novogratz Warns Nasdaq Could Plunge 30% in an ‘AI Catastrophe’ — Here’s Why He Still Expects the Data Center Boom to Continue
Mike Novogratz said an AI catastrophe would send the Nasdaq down 30%, and that stopping the data center buildout would slow the economy.
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Why It Matters
One big investor thinks AI problems could hurt tech stocks badly. But he still believes building data centers will help the economy keep growing.
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