Xinhua News Agency: Is the boom in AI stocks in the United States facing the risk of a "bubble burst"?

Market observers believe that whether the current AI frenzy in the market can continue depends on the sustainability of AI development, the actual profit situation of enterprises, and macroeconomic fundamentals. In addition, if the US economy weakens, a decrease in enterprise willingness to invest in AI infrastructure is also a potential risk. Several strategists believe that the market does not yet have typical "bull market ending" conditions such as speculative frenzy, widespread deterioration of profit margins, or Fed rate hikes, but the current situation of high valuations, concentrated gains, and extremely high earnings expectations does indeed put AI investment in a "fragile prosperity".