Investors Fear An AI Bubble Burst—Goldman Says It’s Still Early Days - NVIDIA (NASDAQ:NVDA)

Investors Fear An AI Bubble Burst—Goldman Says It’s Still Early Days - NVIDIA (NASDAQ:NVDA)

Goldman Sachs says AI rally isn't a repeat of the 1999 dot-com bubble as corporate fundamentals remain strong.

Are we living in an AI Bubble? Yes and no

The AI buzz in the world economy, but most notably in the US, has become so big that people have started asking the inevitable question: Are we living in the AI Bubble? The answer is both Yes and No.

Goldman Sachs says we’re not in an AI bubble, and its young multimillionaire clientele are all-in on AI-energy investments and healthcare innovations

Last month, more than 100 young wealthy founders, inheritors, and industry leaders flew in from all around the world in the luxe mountain town of Aspen, Colo. At Goldman Sachs’ annual At the Helm event, the bank’s affluent clients dropped and did pushups for a Navy SEAL, unfurled their relationship with wealth guru Sahil Bloom, and strategized legacy with Mindy Kaling. But one of the most buzzy endeavors was addressing the elephant in the room: …