3 AI Stocks At Risk as Former White House Advisers Warn AI Bubble is “Still Inflating”
The post 3 AI Stocks At Risk as Former White House Advisers Warn AI Bubble is “Still Inflating” appeared on BitcoinEthereumNews.com. Two former economic advisers to the White House, Jared Bernstein and Ryan Cummings, have warned that the AI bubble is growing bigger, a statement that has moved the spotlight to three leading AI stocks: Nvidia (NASDAQ: NVDA), SpaceX (NASDAQ: SPCX) and Micron Technology (NASDAQ: MU). However, NVDA and MU stocks defied the bearish outlook on AI delivered by the two analysts and increased by 3.65% and 1.11%, respectively. But SPCX stock was down by 0.81% on July 8 to close trading at $148. White House Advisers Warn About AI Bubble as BlackRock Exits AI Stocks Bernstein and Cummings published a Substack post about their views on AI, where they said that the gains seen with AI-related stocks like MU and NVDA suggest that the AI bubble is “still inflating.” The analysts noted that while these stocks may be moving up, their valuations are being dented by the com