One of Wall Street’s top banks isn’t worried about the artificial intelligence trade even as it struggles amid fears of lower investment by companies in 2025.
“The idea that we are in a digestion phase for AI is laughable given the obvious need for more inference chips which is driving a wave of very strong demand,” Morgan Stanley analyst Joseph Moore said in a note on Friday.
Moore pointed to recent comments from OpenAI’s Sam Altman and Alphabet’s Sundar Pichai as…
Article Source
https://www.businessinsider.com/ai-stocks-outlook-slowdown-spending-chips-gpu-nvidia-deepseek-tariffs-2025-4
