Has the AI Trade Ended?
1 min read
The A I trade may be over, but there has definitely been a shift in sentiment around A I. This change in sentiment may be reflected in the A I tokens as well. NVIDIA’s relative performance has shown a pull back to recovery recently. Despite this, we believe that NVIDIA still has a significant influence over the market, especially leading up to its upcoming earnings report. This could result in a push higher before a potential September corrective phase, or it could mark the beginning of such a phase. We are closely monitoring the action and believe that NVIDIA and other mega caps may enter a more range-bound environment due to increased volatility, regardless of their A I exposure.
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