Artificial intelligence (AI) stocks represented a gold mine for investors over the past three years. Companies developing or selling AI products and services saw their share prices take off as investors aimed to get in early on this game-changing technology. In the initial stages of the AI boom, these players were the first to monetize their investments. For example, chip designers’ revenue soared as customers rushed to buy chips to power the training of large language models — these are the workhorses of AI.
But, over the past few months, the path hasn’t been so smooth for AI stocks or their shareholders. In fact, an AI stock sell-off unfolded, with investors rotating out of many AI giants in favor of stocks in other industries. This happened amid various uncertainties — from…
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Source www.fool.com
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