"Valuation Dean" issues a warning: the AI boom has peaked, and related stocks will face more corrections.

Aswath Damodaran, a professor at NYU's Stern School of Business and known as the "Dean of Valuation," warned that the AI boom has peaked, and that smaller AI companies are the most vulnerable to shocks due to their weak risk resistance. He stated that the height of AI development has passed in the last few months, and more consolidation and adjustments will occur in the coming months. Damodaran also noted that hyperscale data centersnamely, the tech giants that have invested heavily in the field of artificial intelligenceare the safest companies in this domain.