Here's What Morgan Stanley Says About Buying the AI Infrastructure Dip
Morgan Stanley says that despite doubts about AI spending, there remains a major opportunity for investors.
Overview
The rout in artificial intelligence (AI)-related stocks is ongoing.
Stocks of companies that provide major inputs into AI data centers have all fallen far from recent highs. That includes memory chip stocks such as Micron Technology and Intel, copper stocks such as Global X Copper Miners ETF, silver stocks such as iShares Silver Trust, and construction stocks such as Caterpillar.
Details
In recent months, investors have been dumping those stocks and many others like them as they began to question the unprecedented AI spending by companies like Meta Platforms and Alphabet and the potential returns.
Source
Originally published at www.fool.com.
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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.