While the market has been driven higher by artificial intelligence (AI) stocks over the past few years, these stocks have recently pulled back, creating a potential buying opportunity. The fear is that spending could eventually start to slow.
But right now, hyperscalers (owners of large data centers) have indicated that they are getting strong returns on their investments and that they continue to plan to spend big money building out AI data centers.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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