Banging on about how much Microsoft M/C has gone up, does not mean we're in an AI boom.
The only companies been pushed higher due to this 'AI boom' are the Mag 7.
IMHO these companies are way overvalued, as their earnings are stagnant.
Apart from chipmaker Nvidia, whose Revenue has tripled in less than a year, but is this sustainable growth?
So I agree with Calvo, all this AI boom hype is been solely focused on the Mag 7.
Pushing US markets to all time highs, what a joke!
Top 10 A.I predictions and breakthroughs for 2024, page-149
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