
Big Tech and AI Still Believe in the Bull Case Despite the Nasdaqâs Rough Week
âĒBy ADMIN
Related Stocks:STT
Even though the Nasdaq Composite stumbled by about 3âŊ% in its worst week since April, the bullish camp for artificialâintelligence and large tech firms remains firmly in place. The pullâback came as investors secondâguessed the pace and sustainability of the AI boom, with major companies under pressure from elevated valuations and mounting capex. Yet supporters argue the underlying growth driversâsurging AI investment, strong enterprise demand, and dominance in foundational hardwareâstill underpin a longâterm upward trend for the sector.
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