Wells Fargo: The AI bull market is not a bubble and is still in its early stages
2025-09-24 10:02:11
Ohsung Kwon, chief equity strategist at Wells Fargo, continues to be bullish on artificial intelligence-related stocks and expects capital spending to remain strong. "I think this is an AI-led bull market and that trend is expected to continue," he said. "First of all, this is not a bubble," Kwon stressed. "The outperformance of the Nasdaq since the end of the tech bubble has been driven by its fundamentals that outperform the S & P 500, and this trend is expected to continue. Second, we are still in the early stages of the AI investment cycle... This rally will continue as long as the stock market continues to give positive feedback on the outlook for corporate capital spending and growth."
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Cryptocurrency treasury size reaches $105 billionNext article：
业内人士：OpenAI与甲骨文和英伟达合作形成商业闭环
