Why one investment research firm thinks the 3 big bear cases for the AI trade are overblown for now

Why one investment research firm thinks the 3 big bear cases for the AI trade are overblown for now

TIMOTHY A. CLARY/AFP via Getty ImagesThe AI trade has been hobbled by a handful of bearish concerns in the last few months. Fears of an AI bubble have percolated, while other concerns like GPU depreciation are also spooking Wall Street. Investment research firm Alpine Macro argues that the top three bearish takes are overblown for now. Bloated valuations, rapidly depreciating chips, and threats from abroad round out the bear case for AI in the w…